Magnificent investment in the Letras district

€849,000

4 Rooms
4 Bedrooms
2 Bathrooms
146 m² Total surface
146 m² Living area

Description

In one of the main streets of the Cortes district, between the Congreso de los Diputados and the Plaza de Canalejas, close to the most exclusive hotels in the capital and just a stone's throw from the famous Plaza de Santa Ana, we present this property, located on the fourth interior floor. The property, of about 145 built meters, has a dining room, four bedrooms and two bathrooms. The fully equipped kitchen and all the rooms have a very pleasant atmosphere thanks to the light that comes from being on the fourth and almost top floor. Being indoors and despite being in the centre, it enjoys total tranquillity.The property needs updating and with a good renovation it could be an incredible flat and become an excellent investment, in one of the most up and coming neighbourhoods in the centre of the capital of Madrid.

Features

Air conditionPatio

Engel & Völkers Madrid MMC

+34 91 277 4500

Your advisor: Cristina Rodriguez Fernandez

Property ID: W-02XYYN

Location: Centro, Madrid

Engel & Völkers offers this fantastic property in the prime area of Barrio de Cortes, one of the most popular areas of Madrid due to the charm of its pedestrian streets and its central location. It is as close to the Corte Inglés de Sol, the famous Calle Preciados, the luxury complex of Canalejas, or the Four Seasons Hotel, as it is to exclusive artisan design shops, or the Antón Martín food market. This is a booming area chosen by the large hotel chains. One of the big bets is in the renovated surroundings of the Plaza de Canalejas. In addition to the Four Seasons Hotel, JW Marriott opened its first hotel in Madrid in January. The Pescaderías Coruñesas group will also establish a luxury hotel complex with around 80 rooms. To this end, it will refurbish three buildings: the Reina Victoria Theatre, the Meneses Building and the Casa Allende, while maintaining the cultural offer. In addition to this exquisite hotel offer, we find ourselves in the Art Triangle, the most important theatres, museums and cinemas of the city such as the Prado, the Thyssen or the National Film Library. It is a stone's throw from the Retiro Park and has perfect transport links, as it is close to the Sol metro station, which serves Lines 1, 2 and 3 as well as the suburban train. From there you can also easily access the Atocha train station, Chamartín train station or Adolfo Suarez airport.

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.