€510,000 Apartment

3-bedroom apartment with high ceilings to renovate in the centre of Madrid

  • MAD2973
  • 3 Bedrooms
  • 2 Bathrooms
  • Size 167m² (1,797ft²)

Property with great renovation potential thanks to high ceilings, balconies and natural light, located in a central and historic Madrid neighbourhood.

Property to renovate located in a classic Madrid building dating back to 1870 in the historic area of the city centre. The building has been restored and boasts a beautiful yellow façade with balconies and wooden window frames. The communal area of the building features the original wooden staircase and entrance doors, adding class and history to the property.

The current layout has been designed to suit the needs of the current owner and it requires some renovation to convert it into one or two apartments.

The apartment currenty offers 3 bedrooms, 2 bathrooms, a study, kitchen diner and various spaces that are currently being used as a photography laboratory and studio.

The bedrooms overlook the tree-lined street while the other rooms overlook the interior patio. The rooms overlooking the street have balconies and enjoy abundant natural light thanks to their high ceilings and south-east orientation.

This property is peaceful yet is found on a very popular street with all sorts of pubs, cafes, restaurants and stylish shops.

This is a good opportunity for an investor looking to gain a good rental yield thanks to the popularity of the area with visitors to the city.


  • Period Building
  • Balcony
  • High ceilings
  • Walk-in wardrobe
  • To renovate
  • Lift
  • Mosaic tile flooring
  • Exterior
  • Natural light
  • Near international schools


The current layout has been designed according to the current owner's requirements:

  • Entrance space currently used as a café and photography studio
  • 3 bedrooms overlooking Calle Leon
  • Study
  • Bathroom
  • Kitchen diner
  • Large bathroom
  • Dressing room and photography laboratory

The layout is to be completely reorganised and can be converted into a comfortable 3-bedroom, 2-bathroom apartment with a living room and kitchen diner.


Google map

This property is located on Calle Leon, between Plaza Mayor and the Prado Museum, with excellent public transport links in the area. This is a lively Madrid neighbourhood and a popular place to go out in the evenings for drinks and tapas. It is especially popular with young people and tourists as it is representative of Madrid culture and architecture.

This neighbourhood is home to the National Theatre, the Circulo de Bellas Artes and many other places of cultural interest.

Contact us about this property


Key facts

  • €510,000
  • Apartment For sale
  • 3 Bedrooms, 2 Bathrooms
  • Size 167m² (1,797ft²)
  • Reserved.



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