Premium investor apartment steps from Retiro Park

€1,895,000
  • 4 Rooms
  • 4 Bedrooms
  • 4 Bathrooms
  • ~195 m² Total surface
  • ~173 m² Living area

Description

Exceptional property with 195 m² built (175 m² usable), exterior and with dual access, located on a quiet, elegant street just steps from Retiro Park and the Goya shopping area. The property stands out for its spaciousness and natural light, with a layout free of load-bearing walls that allows great versatility in design and reconfiguration of spaces. Its configuration allows for at least 4 en-suite rooms, plus an included storage room, offering extraordinary potential for those seeking asset strength, immediate profitability and a prime location, as well as a premium home in the future. Located in a well-maintained classic 1960s building with a representative entrance hall, the property offers the option of a garage in an adjacent building, enhancing its value and convenience. Investment opportunity with guaranteed return: The asset is transferred with an annual yield of 5%, secured by a lease agreement. The current owner will remain as tenant for a maximum number of years to be negotiated, paying rent monthly and in advance (€7,895/month), ensuring stability and an immediate return on the investment. A unique piece for its location, light and potential for appreciation, ideal for investors seeking a solid, profitable asset in one of Madrid’s most sought-after areas. For more information or to request floor plans and a photo report, contact us.
Features
Air-conditioningSecurity systemBuilt in wardrobeWheelchair accessible
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Engel & Völkers Madrid MMC

Your advisor: Kam Bennouna

Property ID: W-0464GO

Property details
  • Object type

    Flat

  • Condition

    Needs Rehabilitation

  • Rooms

    4

  • Bedrooms

    4

  • Bathrooms

    4

  • Floor

    1

  • Number of Floors

    6

  • Total surface

    ~195 m²

  • Living area

    ~173 m²

  • Flooring

    Parquet

Energy efficiency information
  • Construction year

    1956

  • Energy certificate available

    In progress

  • Type of heating

    Radiator

  • Energy source

    Central heating

Location: Retiro, Madrid

The Ibiza neighborhood belongs to the Retiro district. Ibiza is a quiet residential area, with the convenience of having everything within easy reach, and above all, pleasant to live in. The neighborhood combines residential buildings with pleasant green areas, notably El Retiro Park just a few meters from this apartment. Connections and public transport are excellent, with bus routes and metro stations, and it also has direct access to the M-30. It also offers a wide range of shops, supermarkets, schools, sports facilities and health centers, as well as the Gregorio Marañón University Hospital.

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