Great property for total refurbishment in the heart of the city centre

€1,350,000

5 Rooms
5 Bedrooms
2 Bathrooms
217 m² Total surface
201 m² Living area

Description

Engel & Völkers presents this unique property of 217 sqm according to the land registry, including the common elements, located on the 2nd floor with lift of a building completely refurbished in 2003. The living area of the property will allow its new owners to convert it into a unique home with the layout that best suits their needs. It can be converted into a luxurious and large family home with two living rooms and three huge balconies overlooking Arenal street, large kitchen, three bedrooms or more if required and three bathrooms. It can also be acquired as a profitable investment, as its location and proximity to the Plaza de Isabel II and the emblematic Puerta del Sol is ideal for any type of exploitation. In short, it is an unbeatable product in an exceptional location.

Features

BalconyElevator

Engel & Völkers Madrid MMC

+34 91 277 4500

Your advisor: Maria Del Valle Colado

Property ID: W-02VTBD

Location: Centro, Madrid

Arenal street is one of the most emblematic and busiest streets in the centre of Madrid. With a history dating back centuries, this street has witnessed countless events that have marked the life of the city. Traditional shops coexist with modern shops and renowned restaurants, creating a unique atmosphere that blends the old with the contemporary. A stroll along Calle del Arenal also means enjoying the cultural and gastronomic offer it has to offer, making it an essential place for those who wish to experience the essence of Madrid. Due to its privileged enclave, between Puerta del Sol and Plaza de Isabel II, and on the way to the Royal Palace, Calle del Arenal is one of the busiest and liveliest streets in Madrid; it is much more than a simple thoroughfare, it is a place where history, tradition and the charm of the Spanish capital converge, a space that invites you to lose yourself and discover the secrets it holds in each of its nooks.

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.