Property to refurbish in Chamberi

€570,000

3 Rooms
3 Bedrooms
2 Bathrooms
~93 m² Total surface
~84 m² Living area

Description

Engel & Völkers is exclusively presenting this magnificent property located in the prestigious Chamberí neighbourhood, on one of its most representative and sought-after streets: Calle Ponzano, in Madrid. The property has an approximate surface area of 85 square metres and is located in a building constructed in 1950, which is in excellent condition. The property is distributed through an entrance hall with a hallway that leads to an outdoor living room, separate kitchen, full bathroom and three bedrooms facing an interior courtyard. The property is currently in need of renovation, which represents an excellent opportunity to design and customize each space according to the needs and preferences of the future owner. Thanks to its layout and privileged location, it offers multiple possibilities for redistribution and revaluation. An ideal opportunity to create a tailor-made home or make an investment in one of the most sought-after areas of the capital.

Features

Patio

Engel & Völkers Madrid MMC

+34 91 277 4500

Your advisor: Vanessa Gonzalez

Property ID: W-0486UN

Location: Chamberí, Madrid

Ponzano Street is one of the most emblematic and dynamic avenues in Madrid. Located in the Chamberí district, this street has become a true gastronomic and social landmark of the capital. The Chamberí neighborhood is one of the most traditional and with the most personality in Madrid. It maintains that balance between tradition and modernity, making it especially attractive. Its buildings from the late 19th and early 20th centuries, its quiet squares, and its residential atmosphere give it an elegant and welcoming character. Unlike other more touristy areas, Chamberí maintains an authentic neighborhood life, with local shops, traditional markets, and a strong Madrid identity. In this context, Ponzano Street stands out for its vibrant offering of bars and restaurants. In recent years it has consolidated itself as the epicenter of Madrid's "tardeo," attracting both locals and visitors looking to enjoy tapas, signature cuisine, and a lively yet approachable atmosphere. Nevertheless, beyond its gastronomic fame, it remains a street integrated into a residential environment, where families, young professionals, and long-standing businesses coexist. In short, Ponzano Street is not just a place to go out to eat or have a drink; it is also a reflection of Chamberí's character: traditional, elegant, and full of life. If you want, I can adapt it to a more formal, commercial, or touristic tone.