MAD14371
1,300,000 Apartment For sale

Great investment opportunity in the heart of historic Madrid

  • Bedrooms 7
  • Bathrooms 5
  • Size 220m²

Enormous potential to develop this property at the heart of Madrid City into 3 apartments with a tourist licence.

This property enjoys a great city centre location in Opera, a few metres from Sol and the Royal Palace, Madrid's best shops, museums, theatres, cinemas and restaurants.

Situated on a second floor, this exterior-facing property measures 220 m² and has been divided into 3 units: the first of 80 m², the second of 70 m² and the third of 60 m². This is a great investment opportunity with an architect-designed project for 3 individual homes which already has been granted planning permission. One also has the opportunity to create a large home, with the use of the original space.

The property benefits from 5 balconies over the main street and another 3 balconies over an interior courtyard, as well as large windows overlooking another bright patio and offering wonderful views.

Do not hesitate to contact us for further information about this superb investment opportunity in Madrid city centre.

Features

  • High ceilings
  • Mosaic tile flooring
  • Natural light
  • Period features
  • Wooden flooring
  • Balcony
  • Pet-friendly
  • Rental licence
  • To renovate
  • Views

Distribution

  • Unit 1 - 80 m²
  • Unit 2 - 70 m²
  • Unit 3 - 60 m²

Location

This property is located in one of the best neighbourhoods of Madrid Opera, a few metres from Sol and the Royal Palace, Madrid's most important commercial, leisure and cultural streets, a stone's throw from museums, theatres, cinemas and restaurants.

Located in the historic heart of Madrid, it is the perfect location for investment properties, with that Madrid has to offer at your doorstep, in terms of culture, tourism, nightlife and fine dining.

MAD14371 €1,300,000

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