Unique property for refurbishment next to Plaza de Olavide

€950,000

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

Description

Engel & Völkers offers you this 100 square meter property to renovate, on the third exterior floor of a beautiful 1945 building, next to the popular Plaza de Olavide. Currently, the property consists of a spacious exterior living-dining room with a balcony, and three bedrooms, one of them also exterior with a balcony, and two bathrooms, ideal for adapting to the needs of those seeking comfort and style in an urban setting. The most notable features of this property are its charming east-facing balconies, perfect for enjoying the unobstructed views of Plaza de Olavide and the ease of renovation since its structure is of pillars and not load-bearing walls, which sometimes hinder possible newer and more modern layouts. The property also has a convenient storage room of approximately 5 square meters. This property is a gem that combines classic elegance with modern comforts in an unbeatable location.

Features

BalconyElevatorOpen view

Engel & Völkers Madrid MMC

+34 91 277 4500

Your advisor: Cristina Rodriguez

Property ID: W-02Z5I3

Location: Chamberí, Madrid

This property is located in one of Madrid's most traditional and lively neighborhoods, in the popular Plaza de Olavide (the modernization and pedestrianization works have been completed) and next to Fuencarral Street, famous for its vibrant atmosphere and shopping areas. There is a comprehensive public transport network with bus lines No. 3, 16, 21, 37, 61, 147, 149, 23; and the metro stations Bilbao, Quevedo, Iglesia, and San Bernardo. The area has quick access to highway A6 and an excellent range of commerce, dining, and entertainment options. In the vicinity, there are educational centers for all levels of formal education, and nearby are the facilities of the Canal Isabel II sports park with a golf practice field, paddle tennis, and soccer, along with other sports activities.

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.