Apartment for sale in Justicia, Madrid city, Madrid

Excellent investment opportunity in one of Madrid’s most sought-after areas. The property comprises 42 m² of built area according to the Land Registry (Catastro). It is registered for office use but is currently laid out as a residential property featuring 2 bedrooms, 1 bathroom, a kitchen, and a living room. The property requires renovation, offering the opportunity to adapt and modernise the space according to the future owner’s needs.

Please note that the images shown are for illustrative purposes only and represent a potential vision of the property following renovation.

Its prime location, current layout, and attractive price make it a highly interesting option for buyers looking for a property with strong transformation potential and capital appreciation in one of Madrid’s most iconic neighbourhoods.

The property is currently rented, generating a monthly rental income of €1,500, allowing the new owner to generate returns from day one. The tenancy agreement includes a clause regarding the recovery of possession of the property in the event of a sale. The terms of this clause can be reviewed by interested parties during the purchase process.

In addition, the owners’ association will soon receive income from the installation of a telecommunications repeater, which will allow community fees to be significantly reduced.

Chueca, right in the heart of Madrid, is a vibrant, inclusive and cosmopolitan neighbourhood, ideal for both living and investing. Its diverse culinary scene ranges from traditional tapas bars to gourmet restaurants, while its lively nightlife is complemented by designer boutiques, art galleries and cultural spaces. Excellent transport connections, its proximity to Gran Vía and its iconic squares, such as Plaza de Chueca and Plaza del Rey, make this one of the capital’s most attractive neighbourhoods. High demand and continued appreciation make Chueca a compelling choice for those seeking quality of life or a solid real estate investment.

A unique opportunity in an exceptional location, where investment potential meets the appeal of one of Madrid’s most dynamic and sought-after neighbourhoods.

Can you imagine living here?