Flat for sale in Universidad, Madrid city, Madrid

Discover a unique property in the heart of Malasaña: an exterior 103 sqm apartment divided into two independent units, perfect for those who want to enjoy city living while generating additional income. The main 70 sqm exterior apartment features high ceilings, abundant natural light and two west-facing balconies that capture the afternoon sun.

The primary unit includes a spacious bedroom —with the potential to convert the walk-in closet into a second bedroom— along with a full bathroom and generous living areas. Completing the layout is a 30 sqm interior studio with a separate kitchen and its own bathroom, ideal as a workspace, guest suite or rental unit.

The property is in good condition and located on the third floor of the building, currently without an elevator, though an elevator project is pending approval, offering clear value-add potential. There is also the option to obtain a storage room in the upcoming community allocation.

A rare opportunity to live in one of Madrid’s most dynamic neighbourhoods while offsetting your mortgage through rental income.