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Penhouse with a terrace to renovate, Salamanca - Goya, Spain

€1,350,000
Savills Global Residential Property, Madrid
PROPERTY TYPE

Penthouse

BEDROOMS

3

SIZE

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Key features

  • Terrace
  • 3-metre-high ceilings
  • Building caretaker
  • In need of renovation
  • Excellent location
  • East-facing

Description

A bright penthouse flat in need of renovation, featuring high ceilings and a lovely terrace. Located on the sixth floor of a building dating from 1935 in the Goya neighbourhood, in the Salam

Savills presents an exclusive penthouse of approximately 100 m² that stands out for its bright, 14 m² east-facing terrace – a prime space that enjoys the morning sun. The property retains its classic architecture full of character, enhanced by three-metre-high ceilings that lend a sense of spaciousness, grandeur and offer a wealth of design possibilities.
Its current layout allows for a comprehensive, bespoke refurbishment, with the potential to create three bedrooms and two bathrooms, adapting the layout to modern needs and maximising the property’s potential.
The very reasonable service charges — between €150 and €250 — include both water supply and heating. The building also has a live-in caretaker, an added bonus that guarantees comfort, security and impeccable maintenance of the communal areas.
Located in one of the areas with the highest demand for rentals, both residential and tourist, this penthouse presents a strategic opportunity for those seeking an asset with excellent returns and solid potential for appreciation. Its location, layout and architectural appeal make it a unique property, ideal both for those wishing to create an exclusive home and for investors prioritising security and long-term capital appreciation.

Penhouse with a terrace to renovate, Salamanca - Goya, Spain

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Madrid (Barajas)(International)
    7.6 miles

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About Savills Global Residential Property, Madrid

Madrid

Welcome to Savills International

The Savills name has become synonymous with luxury residential property worldwide. Savills International is dedicated to providing a superior service meeting all of your overseas property needs.

Our objective is to develop long-term client relationships, and we aim to achieve this by ‘adding value’ through our local knowledge, global reach and brand strength. London is a hub for international property and, when buying, selling or developing, we recommend using a name you trust.

Based in London’s West End, the International Residential Department provides an extensive range of property services for international property including individual property sales, new development sales and marketing, as well as consultancy and investment.

Notes

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This is a property advertisement provided and maintained by Savills Global Residential Property, Madrid (reference 208658_MAD260074) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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