New

Investment opportunity in Palacio’s historic center

€699,000
  • 1 Room
  • 1 Bedroom
  • 1 Bathroom
  • ~80 m² Total surface
  • ~80 m² Living area

Description

Engel & Völkers presents this unique property in the heart of Habsburg Madrid, in the stately Palacio neighborhood. Located in a well-preserved classic 1900 building, it has been fully renovated with high-end finishes to provide every comfort. It is offered fully equipped with premium appliances and features three large balconies overlooking one of the area’s most charming and quiet streets.

Upon crossing the threshold, the first thing that stands out is the ceiling height and the quality of the renovation. The entry hall leads into a welcoming kitchen which, due to its central location, serves as the hub around which the rest of the rooms are arranged. It stands out for its functionality and good design and is fully equipped. Connected to it, though visually separated, is the rest of the social area: first the dining room, with generous storage, and next to it the living area. The entire space is naturally lit by three balconies that preserve their original louvered shutters, offering pleasant views of the neighboring buildings.

At the other end, in the sleeping area, are two spacious bedrooms, both with large floor-to-ceiling wardrobes, where the quality of the materials again stands out. The main bedroom has a generous en-suite bathroom, and a second, equally spacious bathroom serves the second bedroom. The area includes a useful storage space in the form of a small storage room.

A tremendously attractive property, both for investors and for those who want to live in Madrid’s historic center, just a few minutes’ walk from some of the capital’s main points of interest, with the tranquility and peace provided by its location, surrounded by beautiful florists and artisan pastry shops.

Features
Air-conditioningBalconyBuilt-in kitchenSecurity systemElevatorFireplaceBuilt in wardrobe
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Engel & Völkers Madrid MMC

Your advisor: Carmen Voces

Property ID: W-049YPL

Property details
  • Object type

    Flat

  • Rooms

    1

  • Bedrooms

    1

  • Bathrooms

    1

  • Total surface

    ~80 m²

  • Living area

    ~80 m²

  • Usable surface

    ~80 m²

  • Flooring

    Wooden floor

Energy efficiency information
  • Construction year

    1860

  • Energy certificate available

    In progress

  • Energy source

    Decentral heating

Location: Centro, Madrid

The property is located in the historic heart of the Barrio de los Austrias, very close to Almudena Cathedral and the Royal Palace of Madrid, and to emblematic city streets such as Calle Mayor and Calle Bailén. An area of Madrid with pleasant green spaces and unobstructed views, which provide it with a high quality of life.

Its excellent location offers several bus lines, nearby metro stations and numerous taxi ranks. The neighborhood has a varied range of shops, where traditional establishments of all kinds predominate, along with others of more recent creation, and it also includes a significant hotel offering, with luxury establishments and more modest ones.

The gastronomic and leisure options are equally extensive, with traditional venues and others with a more international profile. After a pleasant walk, you will find some of the city’s main cultural attractions, such as the aforementioned Almudena Cathedral and the Royal Palace, joined by Plaza de la Villa, Plaza Mayor and Plaza de Oriente. In short, an unbeatable location to enjoy historic Madrid.

Floor plan

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