New

Investment opportunity with a courtyard in the historic center of Palacio

€650,000
  • 4 Rooms
  • 4 Bedrooms
  • 2 Bathrooms
  • ~90 m² Total surface
  • ~90 m² Living area
  • ~12 m² Terrace surface

Description

Engel & Völkers presents this charming renovated property in the heart of Madrid de los Austrias. Its location, in a historic 1881 building in the Palacio neighborhood, offers great tranquility, as it is situated on one of the least busy streets in the area, ensuring an unusual rest and calm for such a central location. Along the same lines, the property has a small private-use patio that acts as the home’s “lungs,” offering an exclusive outdoor space to relax, read, dine al fresco, or have a small garden. Several rooms open onto it, which lends an atmosphere of complete relaxation in the heart of Palacio. The property, notable for its high ceilings, features a spacious social area comprising the living room, dining area, and a fully equipped open-plan kitchen. From here, we access the aforementioned private-use patio. Beyond this area, we reach the sleeping quarters, consisting of four bedrooms, the main one with an en-suite bathroom, complemented by a second full bathroom. All rooms have built-in wardrobes and study and/or work areas. In short, an opportunity both for those seeking a small oasis in the heart of Madrid and for those looking to invest in a highly profitable space.
Features
Air-conditioningBuilt-in kitchenPatioTerraceElevator
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Engel & Völkers Madrid MMC

Your advisor: Carmen Voces

Property ID: W-048H9B

Property details
  • Object type

    Flat

  • Rooms

    4

  • Bedrooms

    4

  • Bathrooms

    2

  • Total surface

    ~90 m²

  • Living area

    ~90 m²

  • Terrace surface

    ~12 m²

  • Usable surface

    ~90 m²

  • Flooring

    Parquet

Energy efficiency information
  • Construction year

    1881

  • Energy certificate available

    In progress

  • Type of heating

    Radiator

  • Energy source

    Decentral heating

Location: Centro, Madrid

In the very heart of Madrid, this location is ideal for those who want to be surrounded by services while enjoying maximum comfort and tranquility. For domestic and international buyers, culture lovers, and those who wish to live just steps from the best of the capital, without giving up privacy and exclusivity. Connectivity is outstanding: it is a 5-minute walk, along tree-lined paths with open views, to Plaza de España; about 8 minutes to Gran Vía and 12 minutes to Puerta del Sol. The area offers a complete infrastructure of select shops, signature cuisine, premium services, and excellent public transport links. Adolfo Suárez Madrid–Barajas Airport is about 30 minutes away by car, making domestic and international travel easy. Its magnificent location, just steps from the Royal Theatre and only 5 minutes from the Royal Palace and the Sabatini Gardens, gives it great value, as it is just minutes from Madrid’s historic center. As a distinctive feature, the setting combines monumental heritage, urban views, and a sophisticated neighborhood lifestyle. A privileged address to experience Madrid with elegance, close to its icons and with exceptional accessibility.

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