€ 225,000
Flat for sale in Madrid city, Madrid
- 52 m2
- 2
- 1
Description
High rental yield investment opportunity in San Blas, on Calle Pedralba, in the Arcos neighbourhood of San Blas-Canillejas, Madrid.
Price: €225,000
Key features – the privacy of a first floor
Elevated ground-floor position: Although officially registered as an exterior ground-floor property, the flat is situated at a significantly elevated level, giving it the feel and privacy of a mezzanine or first-floor apartment. The windows are not directly at street level, meaning passers-by cannot see into the property from outside. Excellent privacy and security.
Size: 52 m2 built, with 49 m2 of usable space, efficiently laid out.
Current layout: 2 double bedrooms (originally 3), a bright living room with an open-plan kitchen, and 1 modern bathroom with a walk-in shower.
Natural light: Fully exterior-facing and south-facing, benefiting from abundant natural light throughout the day thanks to its elevated position.
Condition and building: Resale property in good condition, built in 1960. The building has no lift. The property also benefits from easy street parking in the surrounding area and includes built-in wardrobes.
Key investment advantage – high rental yield
One of the property’s main strengths is its versatility. Thanks to its original layout, there is a genuine possibility of easily reinstating the third bedroom.
This makes the property particularly suitable for a room-by-room rental strategy, potentially increasing monthly cash flow and annual net returns in an area of Madrid with strong rental demand.
Strategic location and excellent connectivity
Located in the established and dynamic neighbourhood of Arcos, the property offers an attractive location for tenants, with excellent transport links and a wide range of amenities close by.
Excellent transport links: Just a short distance from Metro Lines 2 and 7, numerous bus routes, with quick access to the M-40 and A-2 motorways and only a few minutes from Adolfo Suárez Madrid-Barajas Airport.
Everyday amenities within easy reach: Just 450 metres from Las Rosas Shopping Centre and 650 metres from the local medical centre. The property is also surrounded by schools, parks and green spaces and is close to the Cívitas Metropolitano Stadium.
Features
- Flat
- Bedrooms: 2
- Bathrooms: 1
- Build Size: 52 m2
- Energy Certificate (Consumption): D
- Energy Certificate (Emissions): D