Apartment for sale in Recoletos, Madrid city, Madrid

In one of the most distinguished, solid and demanded locations of the prime market in Madrid, this real estate asset for integral reform, currently with office use, is located on the first exterior floor of a modern house from the 60s in the neighborhood of Recoletos, one of the most sought-after enclaves in the capital.

With 458 square meters built according to cadastre, the property stands out for a completely exterior distribution, with nine large windows to Calle Lagasca and east orientation, which guarantees an excellent natural light entry. These characteristics, together with its location, make the property an authentic blank canvas, ideal for change of use to residential and develop a high-level, modern, functional and fully customized housing project or a divisible product oriented to the market prime.

The property has a physical doorman, main and service elevator, and also has a storage room of 25 m2 included in the price, an unusual added value in this type of assets.

The combination of an environment of maximum demand and limited supply, surface area, natural light and versatility positions this property as a magnificent investment opportunity, with high potential for revaluation after the reform or for its exploitation in the premium residential segment.

The environment reinforces its attractiveness: surrounded by stately buildings, embassies, art galleries and a careful gastronomic offer, Recoletos offers residential tranquility, prestige and magnificent communications, with immediate access to the centre of Madrid and the main business and leisure areas of the city.

Nº AICAT: 8446