en Renovated flat in Trafalgar, Madrid
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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Property details
Property features
- Pending
About Trafalgar
Trafalgar, located in the Chamberí district of Madrid, is a vibrant and attractive neighborhood that combines historical charm with modern conveniences. Situated in the heart of the capital, Trafalgar offers an excellent location for those who wish to enjoy urban life to the fullest, with easy access to a wide range of services and cultural activities. This neighborhood stands out for its high quality of life, diverse activities, and dynamic real estate market.
The location of Trafalgar is privileged, with excellent public transportation connections, including several metro lines and buses that facilitate access to any part of Madrid. This connectivity allows residents to enjoy all the amenities of the big city, such as shops, restaurants, and cultural centers, while living in a cozy and lively environment. Additionally, its proximity to major arteries and points of interest makes getting around the city very convenient.
Among the advantages of living in Trafalgar are its numerous shops, cafes, and restaurants that create a vibrant and cosmopolitan atmosphere. The neighborhood features various parks and squares offering green spaces for recreation and leisure. These characteristics make Trafalgar an ideal place for people who value an active and urban lifestyle.
The quality of life in Trafalgar is outstanding, with a safe and well-maintained environment that attracts families, young professionals, and students. Public services, such as health centers, schools, and commercial areas, are well-developed and accessible, contributing to a comfortable and balanced life for its residents. The rich cultural offerings and lively nightlife add even more appeal to the neighborhood.
The real estate market in Trafalgar is very dynamic, offering a wide variety of options ranging from elegant apartments to modern flats. Property prices have shown a constant growth trend, reflecting the high demand in the area. This makes Trafalgar an excellent opportunity for both homebuyers and investors looking for a prosperous and ever-developing area.
