Investment Opportunity in Cortes

€455,000

1 Room
1 Bedroom
1 Bathroom
75 m² Total surface

Description

Engel & Völkers, luxury real estate agency, is pleased to present a beautiful property in profitability, completely refurbished and located in one of the most emblematic streets of the Barrio de Las Letras in the area of Cortes. The building dates back to 1905 and retains all the charm of the period. The property is located on the first floor and has two large balconies, in the living room and in the adjoining bedroom. The property consists of a living room with integrated kitchen. The sleeping area consists of a bedroom and a bathroom. The property has a storage room in the building. A real treat in the centre of historic Madrid and in the neighbourhood of Las Letras, one of the most active areas of cultural Madrid and surrounded by the main museums, El Prado, Thyssen-Bornemisza and Reina Sofia and the new epicentre of luxury in Madrid such as the Canalejas Centre, Four Seasons Hotel and the JW Marriott Hotel. Undoubtedly a great opportunity for investment or residence in a beautiful and cosy home in the heart of Madrid.

Features

Air conditionBalconyBuilt-in kitchenFurnished

Engel & Völkers Madrid MMC

+34 91 277 4500

Your advisor: Laura Ramos

Property ID: W-02WUTS

Location: Centro, Madrid

Located in the neighbourhood of Cortes, its official name is because in this neighbourhood is the Congress of Deputies, lower house of the Cortes Generales of Spain. The nickname, more popular among the population, is due to the "orchards of the meadow" that there were in the seventeenth century in the present Paseo del Prado, which also give name to the main street of the neighbourhood: calle de las Huertas, very near To Plaza Neptuno and Platería Martínez square. The location of the apartment is excellent, not only because it is in the centre of Madrid, next to the big museums, but because it is within the circuit with more gastronomic and service offer of the city. One of the must visit areas in Madrid to enjoy the atmosphere, which the city offers. In the area are the Prado and Thyssen-Bornemisza museums and in the immediate vicinity is the Reina Sofía Art Centre, named Art Triangle. It is surrounded by green areas such as the Botanical Garden, and very close to the Retiro Park, which makes it perfect for those who want to live in the centre of Madrid but without leaving aside contact with nature. Also is close to the new luxury area Canalejas Center, Four Seasons y the JW Marriott hotel. It is the symbolic quarter where tradition and avant-garde are founded, the cultural focus of the city The level of infrastructure and services in the area is excellent. It is very well connected by metro and bus. It has a large endowment of small fashionable places: restaurants, bars, cafes, bookstores, shops, art galleries and coworking workshops. Also schools, cinemas, theatres and entertainment venues can be found in the area.

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.