Flat to refurbish in Almagro

€490,000

1 Room
1 Bedroom
1 Bathroom
49 m² Total surface
49 m² Living area

Description

This flat is located in one of the most sought-after areas of Madrid, in the heart of the Almagro neighbourhood, known for its privileged location and quiet, residential atmosphere. The property, with one bedroom and one bathroom, is ideal for those who are looking for a complete renovation project and wish to personalise their home to their own taste. The flat benefits from excellent light and beautiful views, giving a feeling of spaciousness and well-being. The well-maintained estate, with a concierge, offers security and comfort to the residents. There is also a storage room, providing additional storage space. This is an excellent starting point to create a modern and welcoming home in one of Madrid's most sought-after streets, close to shops, restaurants and with excellent transport links. A great opportunity for those looking to live in one of the most emblematic areas of the city.

Features

ElevatorOpen viewSenior orientedWheelchair accessible

Engel & Völkers Madrid MMC

+34 91 277 4500

Your advisor: Pilar Perez

Property ID: W-02Y5Z1

Location: Chamberí, Madrid

The Almagro neighborhood is one of the most exclusive and sought-after areas in Madrid, making it a highly attractive location for both investors and international residents. Located in the Chamberí district, Almagro combines the elegance of its classic architecture with a modern, cosmopolitan atmosphere, offering a unique experience that reflects the charm and sophistication of the Spanish capital. Almagro is known for its peaceful, tree-lined streets, home to beautiful early 20th-century buildings and numerous stately mansions that give the area a noble feel. Here, daily life blends with a rich cultural, gastronomic, and leisure offering, with boutique shops, art galleries, stylish cafés, and restaurants catering to all tastes. For investors, Almagro represents an exceptional opportunity due to its high residential demand, proximity to the heart of Madrid, and excellent transport connections. The area is just minutes from key locations such as Paseo de la Castellana, the Chamberí neighborhood, and the historic center, making it an ideal spot for those seeking a central and accessible lifestyle. Moreover, Almagro stands out for its tranquility and security, attributes highly valued by international residents and families who seek a high quality of life while still being close to the city’s main commercial and cultural hubs. In short, Almagro is a real estate gem in Madrid that offers not only a privileged location but also a sophisticated and welcoming atmosphere, making it a perfect neighborhood to live in or invest. It is undoubtedly one of the city's most promising areas for those seeking a secure investment and a high-level lifestyle.

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.