Fantastic brand new property

€488,000

1 Room
1 Bedroom
1 Bathroom
70 m² Total surface
47 m² Living area
6 m² Terrace surface

Description

Engel & Völkers presents a modern and functional project. Access the pre-sale of a project that is presented as a unique investment opportunity, as it is located in one of the areas with the highest rental demand in Madrid, close to Plaza de Castilla, the CTBA complex (Cuatro Torres Business Area) and the future nerve centre of the Madrid Nuevo Norte development. The development comprises 30 studios and one-bedroom flats spread over seven floors, all with terrace, balcony or veranda. Competitively priced, they are perfect as an investment opportunity or for luxury living in one of the areas that is undergoing the most regeneration and revaluation. Due for completion in September 2026, their design and fittings are designed to offer a high quality of life, with the possibility of enjoying magnificent communal areas, including a gymnasium, coworking area and roof terrace, among others.

Features

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Engel & Völkers Madrid MMC

+34 91 277 4500

Your advisor: Felipe Muñoz

Property ID: W-02WUT3

Location: Tetuán, Madrid

The property is located in Bravo Murillo, in the popular neighbourhood of Valdeacederas, within the district of Tetuán, to the northwest of the capital, between Bravo Murillo and Paseo de la Dirección. In terms of transport links, Metro line 1 is on the doorstep and metro line 9 is less than 10 minutes away. You can walk to Plaza de Castilla, and only two metro stops separate it from the RENFE Chamartín station. Buses also form the backbone of the transport system, with the 49 bus line being the most important. Access to the city centre and the main exits (M-30, A-1) is quick, either via Paseo de la Castellana or Plaza Castilla. The Valdeacederas neighbourhood is home to historic buildings such as the Tetuán Market and the Church of Nuestra Señora de las Victorias, as well as the emblematic Plaza de la Remonta, one of the largest squares in Madrid, which has become the most important meeting place in Tetuán for all kinds of cultural and sporting events. It also has a tree-lined area with a playground. Tetuán offers a wide range of services from department stores, shops, pharmacies, schools, churches, gyms, hotels, sports areas and a wide selection of bars and restaurants.

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.