Renovated flat in Trafalgar, Madrid

size
138 m²
Bedrooms
2
Bathrooms
3
price
1,350,000 €
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.
#ref:CBUQ982

Property details

zone
Madrid provincia
area
Madrid ciudad
location
Madrid
district
Trafalgar
Property type
flat
sale
1.350.000 €
Reference
CBUQ982
Bedrooms
2
Bathrooms
3
Builded surface
138 m2
Condition / conservation
refurbished

Property features

A/C
heating
lift
furnished
Energy certificate
  • Pending

About Trafalgar

Discover the Trafalgar Neighborhood in Madrid: History, Culture, and Urban Life

The Trafalgar neighborhood in Madrid is one of the most emblematic and charming areas in the Chamberí district. Known for its blend of history, classical architecture, and modern urban life, Trafalgar has become an attractive destination for both residents and tourists seeking to experience the essence of Madrid.

History and Heritage of Trafalgar

Trafalgar gets its name from the historic Battle of Trafalgar, and its urban development reflects Madrid’s expansion in the 19th century. Walking through its streets, you can admire neoclassical buildings, old mansions, and facades that preserve the charm of traditional Madrid. Some of its most notable streets include Calle de Trafalgar, Calle de José Abascal, and Calle de Luchana, where you can find a perfect balance between residential and commercial life.

Culture and Leisure in Trafalgar

The Trafalgar neighborhood offers a wide cultural and leisure scene. From art galleries and local theaters to charming restaurants and cafés, the area is ideal for those who want to enjoy Madrid’s culture without leaving the city center. Additionally, Trafalgar is near green spaces such as Parque de Santander and other emblematic spots in Chamberí, providing a natural retreat in the middle of the city.

Housing and Lifestyle

Living in Trafalgar means comfort and style. Its quiet streets, proximity to schools, shops, and public transport make the neighborhood highly valued by families and young professionals. The combination of historic buildings with modern renovations makes Trafalgar a unique place to live in Madrid.

Transport and Connections

Trafalgar is well connected to the rest of Madrid thanks to nearby metro stations like Ríos Rosas and Iglesia, as well as several bus lines that make commuting easy. This excellent connectivity allows quick access to central Madrid and other iconic neighborhoods in Chamberí.

Conclusion

The Trafalgar neighborhood in Madrid is a hidden gem that combines history, culture, and urban life. Whether for visiting, living, or investing, Trafalgar offers a safe, culturally rich environment with all the conveniences of modern life in Madrid.

Request more info
Ref.CBUQ982
Calle de Jorge Juan, 55
28001, Madrid
+34 915 73 52 23
Raquel Mor Fernández
Real Estate Advisor

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