€ 1 150 000
Price history
€ 1 150 000
€ 1 221 000
€ 11 275 per m²
Apartment in Madrid, Spain 3 bedrooms, 102 sq.m. No. 121783
3
Bedrooms
3
Bathrooms
102 m2
Square
Parameters
Property Description
GILMAR PRESENTS THIS INVESTMENT OPPORTUNITY IN THE HEART OF MADRID: NEXT TO PLAZA DE CALLAO AND GRAN VÍA
This unique property, located in the heart of the Malasaña neighborhood, represents an excellent investment opportunity in one of the most vibrant and sought-after areas of central Madrid. With a constructed area of 102 m², the home has been divided into three independent apartments, each with its own bedroom and bathroom. Ideal for those seeking high rental returns as well as those looking to renovate and personalize a property with enormous potential.
Built in 1934, the building retains the charm of the area's traditional architecture, although this particular apartment requires a complete renovation, allowing you to adapt it to the needs of the current market or your own tastes. Although the property does not have an elevator, its privileged location and bright light more than make up for this.
Malasaña is one of Madrid's most iconic and dynamic neighborhoods, known for its vibrant cultural life, extensive culinary offerings, and bohemian atmosphere. Just steps from Gran Vía and Plaza de Callao, you'll be in the epicenter of the city. The area also has all the necessary services: supermarkets, convenience stores, health centers, and a rich educational offering.
The location is perfectly connected to the rest of the city thanks to metro lines **1, 3, and 5** (nearby stations such as Callao, Tribunal, and Noviciado) and several bus lines, such as **001, 44, 75, and M2**, which will allow you to easily travel around Madrid. You also have access to the commuter rail network from Sol station, just over a 10-minute walk away.
This property is a unique opportunity for those looking for a property in one of Madrid's most desirable areas. Its current layout, divided into three apartments, is perfect for tourist or mid-stay rentals, a highly sought-after option in the area. Furthermore, its price per square meter is in line with the market, ensuring attractive returns in the medium and long term.
Since 1983, at GILMAR we have helped our clients find their dream home or the perfect investment. With more than 40 years of experience in the sector, our commitment is to offer you a personalized and professional service, tailored to your needs. We have a team of experts in every area of Madrid to guarantee you the best advice.
Please provide us with the reference number 209603 so we can assist you more efficiently. Don't miss out on this investment opportunity!
Statistics
€ 7 860
Price per sq.m.
181
Quality of Life Index
59
Cost of Living Index
Choose a city for comparison
Parameters
Madrid
Rent Per Month
Apartment (1 bedroom) in City Centre
€ 1 341
Apartment (1 bedroom) Outside of Centre
€ 1 043
Apartment (3 bedrooms) in City Centre
€ 2 467
Apartment (3 bedrooms) Outside of Centre
€ 1 635
Buy Apartment Price
Price per square metre in the city centre
€ 7 860
Price per square metre outside the city centre
€ 3 675