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thinkSPAIN Logo Properties

Apartment for sale in Palomeras Bajas, Madrid city, Madrid

  • € 253,000
  • 128 m2
  • 2
  • 2
  • 1208 m2
Properties

€ 253,000

Ref. 9988545

Call
  • 2 bedroom Apartment for sale in Madrid city - € 253,000 (Ref: 9988545)
  • 2 bedroom Apartment for sale in Madrid city - € 253,000 (Ref: 9988545)
  • 2 bedroom Apartment for sale in Madrid city - € 253,000 (Ref: 9988545)
  • 2 bedroom Apartment for sale in Madrid city - € 253,000 (Ref: 9988545)
  • 2 bedroom Apartment for sale in Madrid city - € 253,000 (Ref: 9988545)
  • 2 bedroom Apartment for sale in Madrid city - € 253,000 (Ref: 9988545)
  • 2 bedroom Apartment for sale in Madrid city - € 253,000 (Ref: 9988545)
  • 2 bedroom Apartment for sale in Madrid city - € 253,000 (Ref: 9988545)
  • 2 bedroom Apartment for sale in Madrid city - € 253,000 (Ref: 9988545)
  • 2 bedroom Apartment for sale in Madrid city - € 253,000 (Ref: 9988545)
  • 2 bedroom Apartment for sale in Madrid city - € 253,000 (Ref: 9988545)
  • 2 bedroom Apartment for sale in Madrid city - € 253,000 (Ref: 9988545)
  • 2 bedroom Apartment for sale in Madrid city - € 253,000 (Ref: 9988545)
  • 2 bedroom Apartment for sale in Madrid city - € 253,000 (Ref: 9988545)
  • 2 bedroom Apartment for sale in Madrid city - € 253,000 (Ref: 9988545)
  • 2 bedroom Apartment for sale in Madrid city - € 253,000 (Ref: 9988545)
  • 2 bedroom Apartment for sale in Madrid city - € 253,000 (Ref: 9988545)
  • 2 bedroom Apartment for sale in Madrid city - € 253,000 (Ref: 9988545)
  • 2 bedroom Apartment for sale in Madrid city - € 253,000 (Ref: 9988545)
  • 2 bedroom Apartment for sale in Madrid city - € 253,000 (Ref: 9988545)
  • 2 bedroom Apartment for sale in Madrid city - € 253,000 (Ref: 9988545)
  • 2 bedroom Apartment for sale in Madrid city - € 253,000 (Ref: 9988545)
  • 2 bedroom Apartment for sale in Madrid city - € 253,000 (Ref: 9988545)
  • 2 bedroom Apartment for sale in Madrid city - € 253,000 (Ref: 9988545)
  • 2 bedroom Apartment for sale in Madrid city - € 253,000 (Ref: 9988545)
  • 2 bedroom Apartment for sale in Madrid city - € 253,000 (Ref: 9988545)
1/26

€ 253,000

Apartment for sale in Palomeras Bajas, Madrid city, Madrid

  • 128 m2
  • 2
  • 2
  • 1208 m2

Description

Reference: 938230

A perfect asset to turn into a solid investment, thanks to its potential.

This property brings together many of the ingredients that an investor knows how to value: approved use change project, multiple development possibilities, a location with high demand, and the opportunity to create an asset with strong rental yield potential.

With 129 m² built across two floors (95 m² usable), this property is delivered completely raw, giving you the freedom to develop a project tailored to your investment objectives.

And the best part is you're not starting from scratch: it already has the approved use change project, which reduces timelines, uncertainty, and much of the administrative process.

The project allows for creating an attractive duplex-style home with a spacious living and integrated kitchen area, two or even three bedrooms, and two full bathrooms.

A modern layout highly sought after by those looking for a distinctive home within Madrid.

But if your goal is to maximize returns, this property opens another very interesting door: planning a residential distribution, optimizing spaces for greater rental income. Thanks to its configuration and size, you can explore different alternatives based on the investment strategy that best suits you.

Moreover, to help you calculate the investment with greater precision from day one, we have a budget for the work adaptation, allowing you to know approximately the transformation costs and facilitating the analysis of the operation before making a decision.

Location is another major strength. It's situated in Entrevías, a neighborhood that continues to evolve and where housing demand keeps growing thanks to its excellent transport connections and the constant improvement of local services.

Just a few minutes' walk away you'll find the Cercanías train station, from which you can reach Madrid's city center in less than 15 minutes, placing you directly in the heart of the city. A connection highly valued by both future owners and tenants.

Right across the street is the Madrid Sur Shopping Center, plus supermarkets like Mercadona and Lidl, medical centers, sports facilities, parks, and all the services needed for daily life. All of this makes the location a comfortable, practical environment with increasingly growing residential demand.

If you're looking for an operation where you can add value from day one, this property brings together many of the ingredients that make an investment interesting: competitive entry price, revaluation potential through renovation, already-approved project, different exploitation strategies, and an estimated return that can reach up to 8%, depending on the chosen exploitation model.

This isn't simply about buying a commercial space. It's about acquiring an asset with the capacity to transform into a profitable project, a home with personality, or an investment capable of generating income from day one.

Now there's only one question left: are you going to let another investor seize this opportunity or do you prefer to be the one who unlocks its full potential?

Location

Palomeras Bajas, Madrid city, Madrid Location provided by the Advertiser

Features

  • Apartment
  • Bedrooms: 2
  • Bathrooms: 2
  • Build Size: 128 m2
  • Plot: 1208 m2
  • Year Built: 1994
  • Air Conditioning
  • Heating
  • Resale
  • Needs Renovation
  • Energy Efficiency Rating: In Progress

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€ 803 per month*

+ € 16,880 taxes (€ 15,180) & expenses (€ 1,700)*

*Please note that the results are only a guide and not a mortgage offer or quote.

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  5. Palomeras Bajas
  6. 2 bedroom Apartment for sale in Palomeras Bajas, Madrid city - € 253,000 (Ref: 9988545)
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