Engel & Völkers
Exterior view of modern office buildings with glass facades and parked cars on a sunny day.

Sale of bare ownership in San Blas

€65,000
  • 2 Rooms
  • 2 Bedrooms
  • 1 Bathrooms
  • ~53 m² Total surface
  • ~50 m² Living area

Description

Engel & Völkers presents this bright exterior apartment on the third floor as an excellent investment opportunity in bare ownership, ideal for those looking to capitalize on their investment in the long term with significant tax advantages. The property has 53 square meters of constructed space distributed in a cozy living room, two bedrooms, and a full bathroom, offering a functional layout perfect for a couple or small family. Its privileged southeast orientation guarantees natural light for most of the day. As it is a property for renovation, there is the possibility to fully customize it according to the preferences of the future usufructuary, adapting each room to current needs and modernizing the facilities. Acquiring the bare ownership allows for significant discounts on the market value while ensuring future ownership of the property, becoming a safe and profitable investment without the worries of immediate management. A unique opportunity for investors seeking asset security with significant tax benefits in a property with great potential for appreciation once the usufruct concludes.
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Engel & Völkers Madrid MMC

Your advisor: Carol Camoes

Property ID: W-047IDT

Property details
  • Object type

    Flat

  • Condition

    Needs Rehabilitation

  • Rooms

    2

  • Bedrooms

    2

  • Bathrooms

    1

  • Floor

    3

  • Total surface

    ~53 m²

  • Living area

    ~50 m²

  • Flooring

    Laminate

Energy efficiency information
  • Construction year

    1960

  • Energy certificate available

    In progress

  • Type of heating

    Radiator

  • Energy source

    Central heating

Location: San Blas, Madrid

San Blas-Canillejas is one of the most dynamic and transforming districts of Madrid, located in the east of the city. With excellent connectivity through multiple metro lines, it offers a perfect balance between quality of life and accessibility. The area is notable for its urban development in full expansion, especially around the former Real Madrid Sports City, with new residential and commercial projects that are completely renewing the area. The district boasts extensive infrastructure, including nearby shopping centers such as La Vaguada, numerous schools, health centers, and vast green areas like Juan Carlos I Park. Its diverse population, with a strong presence of young families and the middle class, generates a growing demand for local commerce, dining, and services in the new residential areas. It is an ideal district for businesses oriented towards the local community, with great growth potential in the medium term thanks to its continuous modernization and excellent connection with the rest of the capital.

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Engel & Völkers Madrid MMC

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EV MMC SPAIN, S.L.U.

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