Superb property needing renovation, Trafalgar, garage included.

€2,200,000

5 Rooms
5 Bedrooms
3 Bathrooms
250 m² Total surface
250 m² Living area
12 m² Terrace surface

Description

Engel & Völkers presents this spectacular property of approximately 250 square meters, to be reformed, with a terrace and incredible views, storage room and garage included in the price. The property is located a few meters from Plaza de Chamberí and Alonso Martínez, one of the trendiest and most sought-after areas in Trafalgar. This house is ready for a complete renovation with many possibilities thanks to its practically square floor plan, allowing for three or four bedrooms and a huge social area full of light and sun. It currently consists of a spacious entrance hall, a large exterior living room with views of the Church of the Perpetual Help and one of the beautiful classic buildings characteristic of the area, three large exterior bedrooms with access to a pleasant continuous terrace, two more interior bedrooms, three full bathrooms, and a kitchen with service access, office, laundry area, and pantry. The property is located in a 1972 building in perfect condition with a favorable ITE/IEE, with a physical doorman, storage room, and garage, and without architectural barriers in the access. It is a magnificent product, both as a family home and for rental investment, given the high profitability of this type of property in the area.

Features

Air-conditioningTerraceElevatorOpen viewWheelchair accessible

Engel & Völkers Madrid MMC

+34 91 277 4500

Your advisor: Cristina Rodriguez

Property ID: W-02XJ6B

Location: Chamberí, Madrid

The property is located in the Trafalgar area, very close to the prestigious neighborhoods of Almagro and Justicia, a few meters from the popular Alonso Martínez square. This area boasts beautiful, unique buildings from the late 19th and early 20th centuries, designed by renowned architects such as Eduardo Reynals, Joaquín Saldaña, Antonio Palacios, and Martínez Zapata, characteristic of the high bourgeoisie and aristocracy who once lived here. The building is in perfect condition and offers unobstructed views of the most beautiful classic buildings in Trafalgar. The extensive public transportation network, quick access to the A6 highway and Castellana Avenue, and all the area's services add to the property's value, making it irresistible. This prestigious neighborhood has all kinds of local shops and a food market, as well as a good provision of other services, including public, private, and subsidized education, healthcare and hospital centers, cultural spaces, museums, theaters, among others, not to mention the magnificent gastronomic offerings from countless trendy restaurants and bars in Madrid established on its streets.

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.