Engel & Völkers
New
Empty office space with gray carpet, white walls, and blue doors to a balcony. An exit sign is above a doorway on the left.

Fantastic investment opportunity in "El Barrio de las Letras"

€1,890,000
  • 4 Rooms
  • 4 Bedrooms
  • 3 Bathrooms
  • ~260 m² Total surface
  • ~260 m² Living area

Description

Engel & Völkers presents this fantastic property on one of the best streets in El barrio de las Letras, Madrid, with an unbeatable location near the Four Seasons hotel, the Paseo del Prado, the Thyssen Museum, next to the Royal Botanical Garden, and very well connected by metro and bus, situated on one of the quietest streets in the area. This cozy residence of about 260m2 is located on the first floor of a stately building from the early 20th century, very well maintained, having passed all inspections favorably. The exterior residence, with 3 balconies facing the street with wooden carpentry, has an elevator, and has two entrances, the main one and another for service. The property, to be renovated, allows the buyer to adapt the residence to their taste and needs; its number of windows and easy layout make it a very attractive product. The residence includes a storage room in the building itself, and has heating and air conditioning. This fantastic apartment is a unique investment opportunity in the historic center of Madrid, being very interesting both for investments and for individuals.
Features
Air-conditioningBalconyPatio
engel & völkers shop image

Engel & Völkers Madrid MMC

Your advisor: Raquel Perez Yusta

Property ID: W-046MNO

Property details
  • Object type

    Flat

  • Condition

    Needs renovation

  • Rooms

    4

  • Bedrooms

    4

  • Bathrooms

    3

  • Floor

    1

  • Number of Floors

    4

  • Total surface

    ~260 m²

  • Living area

    ~260 m²

  • Usable surface

    ~260 m²

  • Flooring

    Carpet

Energy efficiency information
  • Construction year

    1911

  • Energy efficiency class

    E

  • Energy certificate available

    Yes

  • Type of heating

    Radiator

  • Energy source

    Decentral heating, Electric heating, Gas heating, Heat pump

Location: Centro, Madrid

Entering the Barrio de las Letras is to immerse oneself in the living history of the Spanish Golden Age. Very close to the world's most important art galleries, the so-called Art Triangle, the Las Cortes area, famous for the intense literary activity that developed in the 16th and 17th centuries, offers a wide cultural offering, a complete range of shops, and exquisite national and international gastronomy. It is the symbolic neighborhood where tradition and avant-garde merge, with a privileged location, just minutes from the new Canalejas luxury complex, near Paseo del Prado, Plaza de Neptuno, and the Royal Botanical Garden. The property is surrounded by art galleries, film libraries, antique shops, and a diverse selection of cafes and restaurants, making "El Barrio de Las Letras" undoubtedly one of the most special neighborhoods in the center of Madrid.

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Engel & Völkers Madrid MMC

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EV MMC SPAIN, S.L.U.

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