Engel & Völkers
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View of a playground with benches and trees, surrounded by pink buildings under a clear blue sky.

Fantastic property for complete renovation of an entire exterior floor with 3 balconies in Justicia.

€1,800,000
  • 4 Rooms
  • 4 Bedrooms
  • 4 Bathrooms
  • ~222 m² Total surface
  • ~222 m² Living area

Description

Engel & Völkers, luxury real estate agency, is pleased to market this magnificent exterior property for total renovation of 222 m2 according to the Land Registry in the centre of Madrid. Its exterior features include three east-facing balconies with magnificent views of one of the main arteries of the Justicia district and from where you can also see the Gran Vía. The property occupies the entire first floor of the building, a gem from the last century built in 1905 and preserved in good condition. The property is a magnificent commercial proposition, both as a successful end product for personal assets and as a safe investment to accommodate your space requirements, as it is in need of complete renovation. Due to the spaciousness of its rooms, it could be distributed into large living rooms and dining rooms, 4 bedrooms, 4 bathrooms, dressing rooms and a kitchen with laundry. A unique opportunity in the heart of the capital to design the home you have always wanted or to achieve a successful return on your property investment.
Features
BalconyOpen view
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Engel & Völkers Madrid MMC

Your advisor: Maria Ruiz Garijo

Property ID: W-047R99

Property details
  • Object type

    Flat

  • Condition

    Needs Rehabilitation

  • Rooms

    4

  • Bedrooms

    4

  • Bathrooms

    4

  • Floor

    1

  • Number of Floors

    5

  • Total surface

    ~222 m²

  • Living area

    ~222 m²

  • Usable surface

    ~222 m²

Energy efficiency information
  • Construction year

    1905

  • Energy certificate available

    In progress

  • Type of heating

    Radiator

  • Energy source

    Central heating

Location: Centro, Madrid

The Justice district is one of the most attractive and iconic areas of the capital, it could be categorized as a castizo-chic neighborhood in full swing, where fashion boutiques, art galleries, cinemas and theaters, reputable restaurants, bohemian cafes, bistros, charming hotels, fusion markets, tapas bars, trendy nightclubs and cutting-edge commercial offerings are mixed. It takes its name from the Supreme Court, one of the references of the area along with the other enclave of international focus, the Plaza de Chueca. Buying in Justicia, both as a personal bet and as an investment, is to set a goal of success. Its excellent location, between the emblematic Gran Vía and the most contemporary meeting point that is Alonso Martínez, with the public transport service that makes it one of the best connected areas, make this location the most sought-after by locals and visitors alike. That wonderful mix that recalls the charm of Parisian neighborhoods with facades that evoke past centuries, along with the cosmopolitan lifestyle that make it a small Notting Hill, make this little piece of the city the perfect must. Let yourself be carried away by its streets and boulevards in walks that will infect you with a lifestyle that you don't want to let go of. Because this is where you want to stay. Because in no neighborhood more fashionable than Justicia - Chueca we all feel and know that we are from Madrid.

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