Opportunity to renovate in Palacio

€680,000

3 Rooms
3 Bedrooms
2 Bathrooms
129 m² Total surface
129 m² Living area

Description

Engel & Völkers presents this spacious property for renovation in the heart of the historic center of the Palacio neighborhood, in a 1900 building characteristic of the area. Its size and floor plan allow multiple reform options to adapt it to the needs of the future buyer, taking advantage of each and every one of its square meters. It currently has three large bedrooms, two of them exterior with large window to quiet street and a third with window to the courtyard of the building. It has a cozy living room, a large independent kitchen and two bathrooms. In it we also find an important storage space with direct access to the courtyard of the property and a pantry in the kitchen area. A very attractive property, both for investors and for those who want to live in the historic center of Madrid a few minutes walk from some of the main centers of interest of the capital, and very close to green spaces and gardens, with the incentive of being able to reform it to the taste of the end customer.

Features

Patio

Engel & Völkers Madrid MMC

+34 91 277 4500

Your advisor: Carmen Voces

Property ID: W-02X4BZ

Location: Centro, Madrid

The property is located in the historic case of the Barrio de los Austrias, very close to the Almudena Cathedral and the Royal Palace of Madrid, and emblematic streets of the city such as Calle Mayor or Calle Bailén. An area of Madrid that has pleasant green spaces with unobstructed views, which give it great quality of life. Its excellent location has several bus lines, subway nearby and numerous cab ranks. The neighborhood has a varied commercial offer, with a predominance of traditional establishments of all kinds and also other more recent ones, as well as a large number of hotels, with luxury establishments and other more modest ones. The gastronomic and leisure offer is equally wide, with traditional establishments and others with a more international profile. After a pleasant stroll, we find some of the main cultural options in the city, such as the aforementioned, the Almudena Cathedral and the Royal Palace, which are joined by the Plaza de la Villa, Plaza Mayor and Plaza de Oriente. In short, an unbeatable location to enjoy historic Madrid.

Commission details

Availability upon agreement. The offer is subject to change of price or withdrawal. The exposed information including the dimensions are illustrative. To confirm the dimensions, physical and legal circumstances of the sales and purchase deal the Agency recommends to consult an independent competent professional. The price does not include the taxes and costs. Corresponds to the purchaser the right to choose notary payment of the following taxes and costs: (i) in a first deliveries of buildings (new development) the Value-added Tax (IVA) and the Tax on Documented Legal Actions (AJD); (ii) in a second and subsequent deliveries of buildings the Property Transfer Tax (ITP); (iii) notary and registry tariff. For the rest of the information demanded by state and autonomous government regulations, please get in touch with the Agency.