Premiun profitable property with immediate return
- 3 Rooms
- 3 Bedrooms
- 2 Bathrooms
- ~160 m² Total surface
- ~160 m² Living area
Tetuán, Madrid
Premiun profitable property with immediate return
Price
€1,295,000
Object type
Flat
Condition
Top
Rooms
3
Bedrooms
3
Bathrooms
2
Floor
7
Total surface
~160 m²
Living area
~160 m²
Usable surface
~160 m²
Flooring
Parquet
Construction year
1974
Energy efficiency class
E
Energy certificate available
Yes
Type of heating
Radiator
Energy source
Central heating
The property is located on Madrid's most iconic street. Paseo de la Castellana runs across the city from north to south, hosting all kinds of events such as the military parade on 12 October, the Vuelta a España cycling race, the Madrid Marathon, and many others. Supermarkets, pharmacies, cafés and luxury restaurants such as Casa Nemesio are just a few metres away. The Real Madrid Santiago Bernabéu stadium is just 2 km away. The AZCA area is a short distance away and Madrid Barajas Airport is only 10 minutes away by taxi/Uber. Parking spaces can be rented in the surrounding area, although it is easy to park on the street as there are always spaces available. Carsharing vehicles are usually available a few metres from the building. Very close to the property are two Metro stations (Plaza Castilla and Begoña), as well as the Plaza Castilla central bus station and the Chamartín long-distance AVE train station, which connects to the rest of Spain. The prestigious La Paz Hospital in Madrid is very close to the property. All this within the perimeter of the impressive Madrid Nuevo Norte urban development project. A transformation of the area covering more than 2 million square metres. Work began 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 with green areas, playgrounds, an 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. A unique, high-end property with immediate and consistent returns of 3%. An investment with enormous potential for appreciation due to the consolidation of the largest urban development project currently underway in Europe: Madrid Nuevo Norte.
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Provider:
EV MMC SPAIN, S.L.U.
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