A magnificent apartment with 4 balconies, located on an upper floor of an elegant, classic building with an elevator—ideal for generating income through short-term rentals—is situated in one of Madrid’s most sought-after and established neighborhoods.Given its features, it represents an excellent opportunity for investors interested in developing a lodging project, room rentals, co-living, or other real estate ventures. It was previously used for room rentals.The property features nine bedrooms, three full bathrooms, a half-bath, a large kitchen equipped with a 6-burner stove, a laundry area, a living and meeting room, and spacious common areas. Its generous floor area, layout, and previous use offer numerous possibilities for renovation and adaptation to different business models.Located in the heart of the Justicia neighborhood, it enjoys a prime location, surrounded by shops, restaurants, cultural venues, and all kinds of services. It is a vibrant area with excellent transportation links and high demand from both domestic and international clients.A unique property in terms of location, size, and profit potential.

ApartmentMadrid (Spain)
Price :
$2,762,300
($9,117 / m²)
Surface303 m²bedrooms9

Its assets

In detail

Energy Performance Certificate

GreenHouse Gas emission