Fantastic property to renovate in La Castellana

€1,245,000

3 Rooms
3 Bedrooms
4 Bathrooms
225 m² Total surface
175 m² Living area

Description

Engel & Völkers, luxury real estate agents in Madrid, presents this wonderful flat located on Paseo de la Castellana, in the emblematic neighbourhood of Cuzco, one of the most coveted areas of the capital, surrounded by all services and amenities. The property is located in a representative estate, on a first floor overlooking the vibrant Madrid thoroughfare. Although currently refurbished as an office, the flat retains its original structure with the possibility of being transformed into a bespoke home. It has four spacious bedrooms, offering great potential to adapt it to the needs of its future owner. The property is mostly exterior, with the exception of two windows facing an interior courtyard, which ensures good natural light throughout most of the property. The current distribution, together with the possibility of a complete refurbishment, makes this flat an exceptional opportunity for those looking to make an investment in one of the most sought-after areas of Madrid, with the luxury of personalising it according to their preferences. An ideal option for those looking for a renovation project in a strategic location of high standing.

Features

Elevator

Engel & Völkers Madrid MMC

+34 91 277 4500

Your advisor: Felipe Muñoz

Property ID: W-02XXDR

Location: Tetuán, Madrid

The neighbourhood is mainly residential, however, it is home to one of the most important business areas known as Zona Azca, made up of important office towers such as the famous Torre Picasso and the high-rise BBVA building in the south and within walking distance to the north of Plaza de Castilla and the Cuatro Torres. Commercially, it offers a wide variety of options including the largest Corte Inglés department store and the best-known brand shops and restaurants on its main streets. It is also home to the well-known Santiago Bernabéu Stadium, home of Real Madrid, schools, churches, gyms and hotels. The area also has excellent public transport connections. Metro and Cercanías Renfe at Nuevos Ministerios and the Plaza de Castilla transport hub. Access to the city centre and the main roads leading out of the city (the M-30 ring road, A-1) is very quick, via Paseo de la Castellana or Plaza de Castilla.

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.