Excellent investment opportunity in the heart of Chueca

Engel & Völkers offers a property with high profitability, which makes it an excellent investment opportunity The property is made up of three registered properties: The first property corresponds to an exterior house with 3 balconies facing the street, located on the first floor of a 1910 building, with a living room; kitchen; 4 bedrooms, and 2 bathrooms, with an approximate area of 97 m2. The house has a square layout that allows for various possibilities for renovation, however, it is currently rented by rooms, which makes it a highly profitable apartment. The second property corresponds to a commercial local on floors 0 and -1 in the same building where the home is located on the first floor. This place has an entrance from the street, is currently rented, has a Pub license without live musical performances that is included in the total price, has a large influx of customers, making it very profitable. Floor 0 has a constructed area of approximately 68 m2 with a bar; area for the public and the staircase that takes us to level -1. Floor -1 has a constructed area of approximately 86 m2, with an area for the public, toilets, changing rooms, storage room, and office. The third property corresponds to a commercial local in the rear part of the same building, which was originally intended for a roasting oven and which is accessed both through a back door on level -1 through an interior patio, English patio type, and from the portal. This premises is currently adapted as a home with a constructed area of approximately 68 m2, with a living room; kitchen; two bedrooms; a bathroom, and a small patio for private use. This property made up of 3 properties is located in the heart of Chueca, a five-minute walk from Gran Vía and Fuencarral Street, close to restaurants, shops and very well connected, which makes it an attractive property for national and foreign investors.