Engel & Völkers
New
Living room with gray sofa, glass table, and brick wall with built-in shelves. A black and white tropical mural is on the adjacent wall.

Excellent investment opportunity in Recoletos.

€640,000
  • 2 Rooms
  • 2 Bedrooms
  • 1 Bathrooms
  • ~75 m² Total surface
  • ~75 m² Living area

Description

Engel & Völkers presents you with this excellent real estate opportunity in the heart of Recoletos, one of the most exclusive and sought-after areas of Madrid, on the coveted Calle de Claudio Coello. The property, with a surface area of 75 m², offers a very balanced layout, with two double bedrooms, a full bathroom, and a pleasant living room and kitchen area designed to maximize comfort and functionality. Additionally, it features a small private patio, an uncommon added value in the area, providing relief, convenience, and an extra quality of life. Located just a few meters from Calle Serrano, the property is surrounded by renowned boutiques, trendy restaurants, and all the services typical of a prime, established location with constant demand. Thanks to its strategic location, this property is ideal both as an investment, offering excellent rental profitability, and as a pied-à-terre to enjoy Madrid from one of its most emblematic addresses with the highest potential for value appreciation.
Features
Air-conditioningBuilt-in kitchenPatioFurnished
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Engel & Völkers Madrid MMC

Your advisor: Cindy Better

Property ID: W-04867W

Property details
  • Object type

    Flat

  • Condition

    Good

  • Rooms

    2

  • Bedrooms

    2

  • Bathrooms

    1

  • Floor

    -1

  • Total surface

    ~75 m²

  • Living area

    ~75 m²

  • Usable surface

    ~69 m²

  • Flooring

    Parquet

Energy efficiency information
  • Construction year

    1920

  • Energy efficiency class

    G

  • Energy certificate available

    Yes

  • Energy certificate type

    Consumption certificate

  • Energy source

    Electric heating

Location: Salamanca, Madrid

Recoletos is one of the most exclusive, elegant, and established neighborhoods in Madrid, located in the heart of the Salamanca district and considered one of the prime areas par excellence of the capital. Recoletos stands out for its stately architecture, with classic buildings of great heritage value, wide tree-lined streets, and a sophisticated atmosphere that combines tradition and modernity. It is a neighborhood that conveys prestige, security, and stability, qualities especially valued by both national and international buyers. The area revolves around emblematic axes such as Calle Serrano, a benchmark for luxury and high-end shopping, and is just a few steps from Madrid icons like the Puerta de Alcalá and the Retiro Park, one of the city's great green lungs. Recoletos offers an excellent quality of life, with a wide range of signature restaurants, art galleries, exclusive boutiques, premium services, and an unbeatable connection with the rest of Madrid. All of this makes it a highly sought-after location, with strong value projection and great real estate liquidity. Due to its combination of location, lifestyle, and heritage solidity, Recoletos is a safe bet both for living and investing, and one of the neighborhoods that best represents the most elegant and timeless Madrid.

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