Engel & Völkers
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Wonderful renovated apartment with high profitability

€560,000
  • 3 Rooms
  • 3 Bedrooms
  • 2 Bathrooms
  • 149 m² Total surface
  • 138 m² Living area

Description

Engel & Völkers, a luxury real estate agency, is selling this wonderful ground floor apartment located in the best area of ​​La Paz, a privileged residential area in Madrid. With a versatile design, it has three bedrooms, but thanks to its layout and size, it has the potential to be renovated to incorporate up to six bedrooms, which offers an excellent opportunity to multiply its profitability, ideal for those looking for an investment in an area of ​​high demand. Despite being on the ground floor, the property enjoys the tranquility and luminosity of a high floor, thanks to its numerous windows that overlook gardens with no pedestrian traffic and no buildings that block natural light. This allows you to enjoy sunlight throughout the day in complete privacy. The apartment is sold fully furnished and equipped with high-quality appliances. The kitchen has been recently renovated and has an office area, while the spacious living-dining room offers multiple distribution possibilities. A large hall can be joined to the living room by removing a partition, creating even more space. It has two full bathrooms, one with a double sink, and three double bedrooms, one of which has a built-in wardrobe. The floors are parquet, the heating is individual natural gas, and there is an interior terrace for a shopkeeper. The building is of high standing and offers amenities such as a 24-hour concierge and security service, a lift for people with reduced mobility at the entrance, a lift and a freight elevator. It is an excellent opportunity both to live and to invest in an area of ​​great appeal and growth. The property is located in an environment surrounded by essential services, such as the La Vaguada shopping centre, schools, hospitals, universities, public transport, shops and green areas. This ensures a continuous market for both families, students and resident doctors looking for rooms to rent.

Features
Built-in kitchenSecurity systemElevatorFurnishedSenior orientedWheelchair accessible
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Engel & Völkers Madrid MMC

Your advisor: Sandra Penilla

Property ID: W-02X8B7

Property details

Object type

Flat

Condition

Very good

Rooms

3

Bedrooms

3

Bathrooms

2

Total surface

149 m²

Living area

138 m²

Flooring

Laminate, Tiles

Energy efficiency information

Construction year

1984

Energy efficiency class

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Energy certificate available

Yes

Energy certificate type

Demand certificate

Type of heating

Radiator

Energy source

Gas heating

Location: Fuencarral-El Pardo, Madrid

The property is located on the most emblematic street in the neighborhood of La Paz, within the district of Fuencarral, in the northern area of Madrid. Very close to the Paseo de la Castellana and the Cuatro Torres financial center, the location takes special importance in the Madrid Nuevo Norte project that focuses on the expansion of the Castellana-Chamartín axis. La Paz is characterized for being an area of the city that has fantastic high tower developments with 24-hour security and large common areas, offering tranquility and quality of life to all its neighbors. It is, therefore, an area that offers a wide variety of services such as schools, leisure and restaurant areas, as well as parks and green spaces. The Paseo de la Castellana, La Paz and Ramón y Cajal hospitals and the La Vaguada shopping center are just a 5-minute walk away. The public transportation system ensures maximum comfort for the residents of this neighborhood, as it has a wide network of buses that connect with any point of the city. The easy and quick access to the M-30, M-40, the Colmenar road or the Burgos road make this area a very comfortable place to live.

Floor plan

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Engel & Völkers Madrid MMC

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