Flat for sale in Peñagrande, Madrid city, Madrid

Exclusive opportunity in Peñagrande: Apartment with great renovation and investment potential

Located in the sought-after Peñagrande neighborhood, within Madrid’s Fuencarral-El Pardo district, this 98 m² registered apartment presents an excellent opportunity for buyers seeking a property with strong customization possibilities and attractive investment potential. Built in 1967, the property benefits from a solid structure and offers a layout that allows for a flexible renovation tailored to your needs and preferences.

The apartment is entirely exterior-facing and enjoys a northwest orientation, ensuring abundant natural light throughout the day. Originally designed with four bedrooms, one of them was incorporated into the kitchen, creating a spacious and functional kitchen-dining area with direct access to a private terrace. This space provides the perfect setting for a breakfast table and can easily become the hub of daily family life. The current layout offers exceptional versatility, whether for relaxing moments or for making the most of the terrace as an extension of the kitchen area.

In addition, the property features three further generously sized bedrooms, all equipped with built-in wardrobes, sharing a family bathroom. The peaceful atmosphere is enhanced by its location on a quiet, low-traffic street, ensuring a calm and pleasant living environment.

Among the apartment’s key features are individual heating, elevator access within the building, and a reinforced security entrance door. The property does require refurbishment, making it an ideal opportunity to create a home entirely to your taste while maximizing its value and potential.

The neighborhood and surroundings: a prime location

Peñagrande is a well-established residential area that perfectly combines tranquility with excellent amenities. Less than 10 kilometers away is the prestigious Valdeluz School, renowned for its educational excellence. For shopping, dining, and entertainment, La Vaguada Shopping Centre is just a short drive away, offering a wide range of shops, supermarkets, and restaurants.

In terms of public transportation, the nearest metro station is Peñagrande (Line 7), providing quick and convenient access to Madrid city center. The area is also served by bus routes 42, 49, and 64, ensuring efficient and comfortable mobility throughout the city.