Magnificent apartment for investment in Cortes.

€300,000

1 Rooms
1 Bedrooms
1 Bathrooms
~40 m² Total surface
~40 m² Living area

Description

Engel & Völkers presents this interesting investment opportunity in the heart of Madrid, in the established and sought-after area of Cortes, next to the Antón Martín underground station, one of the most dynamic and well-connected neighbourhoods in the capital. The property is located on the third floor with a lift, in a building constructed in 1980. The flat is in good condition, although it offers the possibility of updating it to suit current tastes and further increase its value. It has a very well-designed layout of around 40 m², with a practical and comfortable distribution. Upon entering, we find a pleasant and bright main room that serves as a living room and relaxation area, with a built-in wardrobe that provides a very useful storage solution. The flat also has a full bathroom and a fitted kitchen located to one side, with an induction hob, microwave and washing machine. One of its great attractions is its strategic location. It is just a few steps away from the Antón Martín underground station, providing quick connections to anywhere in the city. In the immediate vicinity, there are all kinds of amenities: supermarkets, a market, cafés, restaurants and local shops, all on a quiet street that allows you to enjoy life in the centre in comfort. The area is in high demand for both residential and temporary rentals, which makes it easy to market and offers interesting potential for profitability. In short, this is a property with great potential, perfect both for investment and for enjoying Madrid from a privileged location.

Features

Air-conditioning

Engel & Völkers Madrid MMC

+34 91 277 4500

Your advisor: Cristina Rodriguez Fernandez

Property ID: W-048UUW

Location: Centro, Madrid

The Barrio de las Letras (Literary Quarter) is one of the most emblematic areas with the strongest character in central Madrid. Located between the Paseo del Prado and Puerta del Sol, this historic neighborhood—once home to universal writers such as Cervantes, Lope de Vega, and Quevedo—has become a unique destination where tradition, innovation, and quality of life coexist. Living in the Barrio de las Letras means enjoying a pedestrian-friendly, safe, and charming setting, perfect for unhurried strolls along cobblestone streets steeped in history, lined with terraces, bookshops, art galleries, and small independent businesses with soul. It is also one of the city’s most important cultural hubs: just steps away are the Prado Museum, the Thyssen-Bornemisza Museum, and the Reina Sofía Museum, which make up the famous Art Triangle, as well as historic theaters such as the Teatro Español, the Teatro de la Comedia, and the Teatro Calderón. Plaza de Santa Ana, the heart of the neighborhood, is one of Madrid’s liveliest and best-known squares, surrounded by century-old bars, fashionable terraces, and historic hotels such as ME Reina Victoria or the Gran Hotel Inglés, Madrid’s oldest hotel, fully renovated to five-star standard. A short distance away, Plaza de Canalejas, recently redeveloped, is home to the spectacular Galería Canalejas complex, with luxury boutiques, gourmet dining, and the exclusive Four Seasons Hotel Madrid, which has strengthened the premium profile of the city center. In terms of mobility, the neighborhood is exceptionally well connected: within a few minutes’ walk are metro stations such as Antón Martín, Sevilla, or Sol, as well as Atocha Station, the main hub for AVE high-speed and medium-distance trains. All of this makes it possible to do without a private car and live in complete comfort in the heart of the city. The ongoing renewal of the historic center—including the modernization of streets, squares, green areas, and urban services—has increased the appeal of the Barrio de las Letras not only as an ideal place to live, but also as an area with high profitability and growing value for real-estate investment. A lively, cosmopolitan, sophisticated neighborhood, increasingly sought after by both national and international residents looking for quality of life in a unique setting.