Engel & Völkers
Bright, modern living and dining area with a light wood table, six chairs, and a gray sectional sofa. White walls and pendant lights.

Wonderful flat with views, terrace and parking space on Paseo de la Castellana

€950,000
  • 4 Rooms
  • 4 Bedrooms
  • 2 Bathrooms
  • ~159 m² Total surface
  • ~145 m² Living area
  • ~6 m² Terrace surface

Description

Engel & Völkers presents this spacious, light-filled exterior flat with excellent views from the seventh floor on Paseo de la Castellana. The property stands out for its spacious rooms and great potential for personalisation. The flat offers an ideal layout that can be adapted to multiple renovation and distribution proposals. Upon entering, a spacious hall welcomes you and leads you to the different areas of the home. The main living room is impressively bright, enhanced by an east-facing terrace of approximately 12 m², perfect for enjoying the views and the sun. Adjacent to the living room, a spacious dining room with large windows creates a cosy atmosphere all year round. The kitchen with breakfast nook is spacious, offering many options for updating to suit your lifestyle. The rest of the rooms comprise four spacious bedrooms. The master bedroom has its own terrace, and all bedrooms are very bright and have large wardrobes. Two good-sized full bathrooms complement the private area. The building has only two flats per floor and its main entrance, sober and elegant, is adapted for people with reduced mobility. In addition, the property has a parking space included in the price. All these advantages make it an excellent choice for living, or a great opportunity to invest with high revaluation in one of the best buildings in Castellana.
Features
BalconyGarageSecurity systemTerraceOpen viewWheelchair accessible
engel & völkers shop image

Engel & Völkers Madrid MMC

Your advisor: Emilio Vilela

Property ID: W-02ZYFL

Property details
  • Object type

    Flat

  • Condition

    Needs renovation

  • Rooms

    4

  • Bedrooms

    4

  • Bathrooms

    2

  • Number of Floors

    7

  • Garages

    1

  • Parking spaces

    1

  • Total surface

    ~159 m²

  • Living area

    ~145 m²

  • Terrace surface

    ~6 m²

  • Usable surface

    ~145 m²

  • Flooring

    Parquet, Wooden floor

Energy efficiency information
  • Construction year

    1966

  • Energy certificate available

    In progress

  • Type of heating

    Radiator

  • Energy source

    Central heating, Gas heating

Location: Tetuán, Madrid

The property is located on Paseo de la Castellana, a short walk from the Cinco Torres Business Area, Madrid's business centre where national and international companies, embassies and consulates have their offices, as well as the Instituto de Empresa (IE), where thousands of students from all over the world come to study. The surrounding area offers a wide range of restaurants, shops, schools and universities, hospitals, parks and sports facilities, hotels and shopping centres. Nearby is the hub formed by the KIO Towers and Plaza Castilla, which brings together several Metro lines, as well as the bus terminal and the ALSA terminal. A short distance away is the Chamartín long-distance AVE train station, which connects to the whole of Spain. The Real Madrid Santiago Bernabéu stadium and the Azca area are just 2 km away, and Madrid Barajas Airport is 10 minutes away by car or taxi/Uber. All this is within the perimeter of the major urban development project Madrid Nuevo Norte. A transformation of the area covering more than 2 million square metres. Work has already begun in June 2025, with the creation of the new Castellana Park, located just a few metres from the property: a large central park covering 70,000 m² of green spaces, play areas, urban forest, weather shelters and amphitheatres. The Madrid Nuevo Norte project includes the complete renovation of Chamartín Station, which will double its capacity for high-speed trains. This property is an excellent choice for living and as an investment due to its enormous potential for appreciation thanks to the largest urban development project underway in Europe: Madrid Nuevo Norte.

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