New

Large Palacio Property to Remodel with 4 Balconies.

€680,000
  • 4 Rooms
  • 4 Bedrooms
  • 2 Bathrooms
  • ~123 m² Total surface
  • ~123 m² Living area

Description

Engel & Völkers presents this spacious, bright exterior property located on the first floor of an 1850 building in the heart of the popular La Latina neighborhood, near Plaza de la Cebada, Plaza de los Carros and Plaza de la Paja. This unique and sought-after type of property offers significant and varied opportunities for an update or a complete renovation. The apartment, with 123 m² and high ceilings of 3.20 m, has 4 bedrooms and 2 bathrooms. It is in excellent condition and has three east-facing exterior balconies overlooking Plaza de la Cebada and one balcony facing a bright interior courtyard. The property retains a separate kitchen and two bathrooms. It also benefits from a storage area on the upper floor of the building. The layout and structure of the property allow flexibility and options for modernization or a full renovation. Properties of this type and size for renovation do not come on the market often, so contact us now to arrange a viewing.
Features
Balcony
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Engel & Völkers Madrid MMC

Your advisor: Derek Earley

Property ID: W-046ZGB

Property details
  • Object type

    Flat

  • Rooms

    4

  • Bedrooms

    4

  • Bathrooms

    2

  • Floor

    1

  • Number of Floors

    1

  • Total surface

    ~123 m²

  • Living area

    ~123 m²

  • Usable surface

    ~110 m²

  • Building restrictions

    None

Energy efficiency information
  • Construction year

    1850

  • Energy efficiency class

    G

  • Energy certificate available

    Yes

  • Energy certificate type

    Consumption certificate

  • Type of heating

    Radiator

  • Energy source

    Central heating

Location: Centro, Madrid

The property is located in one of the city’s most emblematic areas, the Habsburg Madrid district, with countless streets, squares, monuments, and buildings that have left their mark on Madrid’s history. Just a few minutes away you will find Calle de la Cava Baja, Plaza de la Paja, the Royal Palace, Plaza Mayor, among others. Demand in the district is booming, as the city’s heritage and history are preserved while being updated to meet today’s needs and luxuries. The area stands out for its large number of restaurants, cafés, taverns, shops, hostels, and its wide cosmopolitan variety. Transport links are excellent, whether via Calle 30, the M-30, the Metro, bus, or Renfe.

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