Flat for sale in Embajadores, Madrid city, Madrid

“Unique” Property Near the Art Triangle and Central Madrid

An especially attractive opportunity for investors and buyers seeking a property with character, a prime location, and a range of renovation and use possibilities.

The property comprises three independent registered units, which together offer a highly distinctive layout:

Street-level commercial premises + apartment on the first floor, with direct access from the street and its own basement, currently in need of renovation. A space with great potential for a commercial or professional activity, or for another use permitted by urban planning regulations.

Upper-floor residence, registered as two separate units, with two street-facing balconies and good south-facing natural light. The property offers various possibilities: from a full renovation to adapt it entirely to the buyer’s needs, to carrying out minor improvements and updates to enhance its value and, where appropriate, rent it out, subject to applicable regulations.

One of its main attractions is its exceptional location, close to some of Madrid’s most important cultural venues: the Reina Sofía Museum, CaixaForum, the Prado Museum, and La Casa Encendida. It is also in an established area with a vibrant cultural, tourist, and commercial scene.

A property with considerable scope for transformation, especially appealing to anyone looking for something different, with three registered units and the potential to develop a renovation project tailored to their objectives.

An opportunity to create value in one of the most iconic and sought-after areas of central Madrid.

Few areas are as well connected:
By metro: Lavapiés, Line 3; Atocha, Line 1; plus Atocha high-speed rail and commuter trains.
By bus: 36, 41, 119, and green routes 463M801, N805, and N806.
By car: easy access to Madrid’s inner ring road, the M-30, connecting you to the rest of the city’s districts and the country’s radial highways, as well as the A-42 or Toledo Road.