Property in the heart of the Austrias neighborhood

€6,200,000

~754 m² Total surface
~689 m² Living area

Description

Engel & Völkers presents the opportunity to acquire several properties within a magnificent property located in the heart of Madrid de los Austrias, in the stately neighborhood of Palacio. It is a classic building from 1880 very well preserved, with ceilings of more than three and a half meters high and all of them enjoy privileged views of some of the most emblematic buildings surrounding the Plaza de la Villa. The properties are located on the first, third and fourth floors, plus a fourth on the first floor. Each of the high-rise properties occupies the entire floor, and has three south-facing balconies on the historic Calle Mayor. Those located on the first and third floors are renovated and currently operating at full occupancy as coliving, the one located on the third floor is to be renovated. A property in short, tremendously attractive for investors for its potential to monetize a unique space, in the historic center of Madrid, a few minutes walk from some of the main centers of interest of the capital, well connected and close to green areas and clear.

Features

BalconyBasement

Engel & Völkers Madrid MMC

+34 91 277 4500

Your advisor: Carmen Voces

Property ID: W-02VMA7

Location: Centro, Madrid

The properties are located a few meters from the Plaza de la Villa and the Almudena Cathedral, in one of the oldest streets of Madrid. Surrounded by stately buildings in its surroundings there is no lack of green spaces and areas with unobstructed views, something that gives it a great quality. Its excellent location is served by several bus lines, as well as numerous cab ranks. The neighborhood has a varied commercial endowment, in which traditional establishments that still preserve the essence of its past predominate, and in which we also find an important hotel endowment, in which luxury hotels cohabit with others for tighter budgets. The gastronomic offer follows the same trend, with more traditional restaurants along with those that offer a more international profile. A pleasant stroll will allow us to enjoy some of the main cultural options of the city, such as the aforementioned, the Almudena Cathedral and the Royal Palace, the museum offer of the Royal Collections Gallery or the history of Plazas such as the Villa, Oriente or Ramales. In short, an unbeatable location to enjoy historic Madrid.