Great investment opportunity in Palacio

€495,000

2 Rooms
2 Bedrooms
1 Bathroom
105 m² Total surface
105 m² Living area

Description

Engel & Völkers presents this excellent property, located in one of the most emblematic areas of Madrid de los Austrias. It is a unique renovated exterior duplex of 105m2 built. It is located on a corner of a historic building exempt from IBI tax typical of the Palacio area. It has three orientations, north, south and east. It is distributed in two settings, on the first floor, we find a living room and a nice kitchen fully equipped with all appliances. This area has a large window and a stone wall characteristic of the Arab wall. On the second floor there is a bathroom, a living room with exposed wooden beams and the master bedroom with an outside balcony. Its two large windows and the glass floor in the living area provide a lot of space and light. Its excellent location, profitability and the uniqueness of its spaces, make this property a unique opportunity to purchase, ideal for investors or seasonal residents.

Features

BalconyBuilt-in kitchenOpen view

Engel & Völkers Madrid MMC

+34 91 277 4500

Your advisor: Ivy Caldera

Property ID: W-02QO32

Location: Centro, Madrid

The property is located on Segovia Street and within walking distance of Plaza la Paja, Plaza Mayor and Royal Palace. Its location is fantastic and takes advantage of all the cultural, leisure and shopping advantages that can be found in the center of a great city like Madrid. The area has the most varied offer of traditional and cosmopolitan stores in Madrid. When leaving home and without the need to use public or private transportation, we find all the gastronomic richness represented by the best restaurants and traditional bars, as well as a great cultural offer of the city. Its proximity to Puerta del Sol allows us, in a walk, to reach the most important commercial area of the country. Communications are excellent: Several metro stops, train lines (Cercanías), buses and cab rank very close. Nearby subway stops: Latina (Line 5) and Sol (Lines 1, 2 and 3). Buses 31, 50 and 65.

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.