Cozy renovated apartment with three balconies in Palacio

Engel & Völkers presents this cozy and bright renovated apartment, an excellent investment opportunity in one of the best areas of the Palacio district. The apartment is rented and its profitability is near 4%. Located on the second floor of a building that was rehabilitated in 2004, it features an outdoor pool, gym, and communal terrace. In addition to its fantastic location, this apartment has 74 square meters, a northwest orientation, and three balconies facing the street that provide plenty of natural light, creating a warm and welcoming atmosphere. It is distributed in a spacious living-dining room with two balconies and a fully equipped semi-integrated kitchen, a beautiful bedroom with a balcony, and a full bathroom with a bathtub. The apartment has individual heating by natural gas and ducted air conditioning. Its unbeatable location in the heart of historic, monumental, and cultural Madrid, along with its beautiful design and great profitability, make this apartment perfect for investors looking for a cozy home in the center of Madrid.