Trafalgar, Madrid
Renovated flat in Trafalgar, Madrid
Coldwell Banker Unique presents an excellent investment opportunity in the prestigious Trafalgar neighborhood, in Chamberí, right in Plaza de Iglesia.
This is a unique property, located on the seventh floor of a corner building, fully renovated with top-quality finishes and divided into two independent apartments of 70 m² and 68 m² respectively, both offering spectacular open views of Plaza Joaquín Sorolla.
The building, constructed in the 1970s and recently updated, offers a live-in concierge, well-maintained common areas, accessibility for people with reduced mobility, several elevators, and an elegantly renovated lobby.
The property as a whole totals nearly 140 m² and is delivered completely renovated and fully equipped, ready to generate income from day one. Each apartment has been designed with a modern, open, and bright concept, thanks to floor-to-ceiling windows that flood every room with natural light, while also providing excellent acoustic and thermal insulation. Both units feature central heating and hot water, ducted air conditioning, a state-of-the-art kitchen fully equipped with high-end appliances, spacious bathrooms with granite countertops and custom-made furniture, lacquered wardrobes, motorized blinds by Bandalux, and complete furnishings including bed linen and towels. One of the apartments also includes a guest toilet.
Currently, both apartments are rented, one on a short-term basis and the other long-term, generating a return of over 3%, with monthly incomes of €2,000 and €2,100 respectively. The property has a single cadastral reference but can remain divided into two investment units or be easily unified in the future, transforming it into a single large residence.
The location is unbeatable, on Calle Santa Engracia at the corner of Plaza Sorolla, in the heart of Chamberí, just steps from Alonso Martínez, Almagro, and Justicia, surrounded by historic buildings from the late 19th and early 20th centuries, in an area rich in cultural, gastronomic, educational, and healthcare services.
A unique property, ready to keep generating immediate profitability with enormous potential for revaluation in one of the most sought-after areas of Madrid.
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