Description

Located in the iconic Lavapiés neighborhood, this 39 m2 apartment is an excellent opportunity for those seeking a profitable investment or a unique home in the center of Madrid. Located in a carefully preserved typical Madrid courtyard dating from 1900, this property combines traditional charm with the potential for renovation to maximize its value and profitability.

The apartment, located on the fourth floor, features a bright bedroom, a living-dining room with a kitchenette that optimizes space, and an en-suite bathroom with natural ventilation. It also features air conditioning, built-in wardrobes, laminate flooring, and Climalit windows, ensuring comfort and functionality. The west orientation allows for natural light throughout the day, while the interior views offer tranquility and a picturesque atmosphere with balconies decorated with plants. This apartment can be joined with another neighboring apartment, further expanding the renovation and customization possibilities.

The Lavapiés neighborhood is known for its multicultural and dynamic character, making it a growing location for both living and investment. Its streets exude a blend of history, culture, and modernity, with a wide range of services and activities. Less than 10 kilometers away, you’ll find schools such as the Emilia Pardo Bazán Public School, ideal for families who value the proximity of educational centers. Regarding leisure options, the Plaza Río 2 Shopping Center is just a few minutes away by public transport, offering shops, restaurants, and entertainment.

The property’s location is privileged, with the Lavapiés metro station (Line 3) just a two-minute walk away. Nearby bus lines include 27, 34, and 41, providing quick connections to other parts of the city. The proximity to Atocha allows access to the Cercanías and AVE (High Speed Train) lines, facilitating travel both within and outside of Madrid.

Lavapiés stands out for its rich cultural offerings, with venues such as the Reina Sofía Museum, the Valle-Inclán Theater, and La Casa Encendida, all within walking distance. Furthermore, the San Antón Market and Gran Vía offer dining and shopping options that complement the lifestyle of this unique neighborhood.

This property not only represents an opportunity to enjoy a home with character in the heart of Madrid, but also a strategic investment with an estimated return of between 5% and 10%, depending on the rental type. The option to purchase the artwork and decor currently adorning the property adds a touch of exclusivity and design.

Since 1983, GILMAR has been a leader in the real estate sector, helping its clients find their dream home or the perfect investment. Our team of experts at the Embajadores office, located at Calle Embajadores 80, is at your disposal to provide detailed information about this property. Contact us at 91 121 84 00 or send us an email to embajadaes@gilmar.es quoting reference 213054 to arrange a visit and explore the possibilities of this unique property.