Wonderful apartment 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, a luxury real estate agency in Madrid, presents this wonderful apartment located on Paseo de la Castellana, in the emblematic Cuzco neighborhood, one of the most coveted areas of the capital, surrounded by all services and amenities. The property is located in a representative building, on a second floor. Although currently renovated as an office, the apartment has all the permits for a change of use to housing and retains its original structure with the possibility of being transformed into a custom home. It has three spacious bedrooms, offering great potential to adapt it to the needs of its future owner. It also includes a parking space included in the price. The property is mostly exterior, except for two windows that face an interior patio, which ensures good natural light in most of the dwelling. The current layout, along with the possibility of a complete renovation, makes this apartment an exceptional opportunity for those seeking to make an investment in one of the most sought-after areas of Madrid, with the luxury of personalizing it to their preferences. An ideal option for those seeking a renovation project in a strategic and high-standing location.

Features

GarageElevator

Engel & Völkers Madrid MMC

+34 91 277 4500

Your advisor: Felipe Muñoz

Property ID: W-02XXDR

Location: Tetuán, Madrid

The neighborhood is primarily residential; however, it includes one of the most important business areas known as Zona Azca, comprised of significant office towers such as the famous Torre Picasso and the BBVA high-rise building to the south, and a short 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 stores of the best-known brands, as well as restaurants on its main streets. It also houses the well-known Santiago Bernabéu Stadium, home of Real Madrid, schools, churches, gyms, and hotels. The area also boasts excellent public transport connections. Metro and Cercanías Renfe are available at Nuevos Ministerios and the Plaza de Castilla transport hub. Access to the city center 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.