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Retiro, Madrid
Property for renovation in Menéndez Pelayo
Price
€625,000
In Engel & Völkers, we present this fantastic apartment due to its location facing Retiro Park and its height on the fifth floor of a classic building with a concierge and elevator, located in the Ibiza neighborhood. The property is distributed in an entrance hall with a separate kitchen, a full bathroom with a window, 3 bedrooms, and a living room. The 73-square-meter property offers great potential for renovation, allowing you to create a comfortable home in one of the most sought-after areas of the capital.
Object type
Flat
Condition
Needs Rehabilitation
Rooms
3
Bedrooms
3
Bathrooms
1
Floor
5
Number of Floors
7
Total surface
73 m²
Living area
66 m²
Flooring
Parquet
Construction year
1933
Energy certificate available
In progress
Type of heating
Radiator
Energy source
Central heating
Ibiza is a very quiet residential neighborhood in the Retiro district, ideal for living. With a privileged location, it stands out for its proximity to the Goya commercial area, the Puerta de Alcalá, and the Prado Museum. The neighborhood combines residential buildings, many with classic facades, with green areas, highlighting El Retiro Park, considered the lung of Madrid, where you can practice outdoor sports. Its rich and varied restaurant offerings have positioned the Ibiza neighborhood as the gastronomic golden mile of the capital, in addition to having a wide range of shops, supermarkets, schools, sports facilities, and health centers, highlighting the Gregorio Marañón and Niño Jesús Hospitals. Communications are another great aspect to consider in this neighborhood, from direct access to the M-30, to the Ibiza, Retiro, and Sainz de Baranda metro stations, as well as several bus lines. All these characteristics make Ibiza an ideal place for investors seeking a property in one of the most exclusive areas of the city, as well as for families seeking a more residential area, but with all services at their fingertips, and for sports lovers, with both private and public facilities where they can practice different activities.
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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.