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Madrid, Madrid, Madrid, Spain

£214,392
€253,000
IAD, Barcelona
PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

2

SIZE

1,378 sq ft

128 sq m

Key features

  • 2 bedrooms
  • Total area: 1208 sqm
  • House area: 128 sqm
  • Air conditioning
  • Condition: Needs recovery
  • 2 bathrooms
  • Construction year: 1994

Description

A perfect asset to turn into a solid INVESTMENT, thanks to its POTENTIAL.

This property brings together many of the ingredients that an investor knows how to value: APPROVED USE CHANGE PROJECT, multiple development possibilities, a location with high demand, and the opportunity to create an asset with strong rental yield potential.

With 129 m² built across TWO FLOORS (95 m² usable), this property is delivered completely RAW, giving you the freedom to develop a project tailored to your INVESTMENT OBJECTIVES.

And the best part is you're not starting from scratch: it already has the approved use change project, which reduces timelines, uncertainty, and much of the administrative process.

The project allows for creating an attractive duplex-style home with a spacious living and integrated kitchen area, two or even three bedrooms, and two full bathrooms.

A modern layout highly sought after by those looking for a distinctive home within Madrid.

But if your goal is to maximize returns, this property opens another very interesting door: planning a residential distribution, optimizing spaces for greater rental income. Thanks to its configuration and size, you can explore different alternatives based on the investment strategy that best suits you.

Moreover, to help you calculate the investment with greater precision from day one, we have a budget for the work adaptation, allowing you to know approximately the transformation costs and facilitating the analysis of the operation before making a decision.

Location is another major strength. It's situated in Entrevías, a neighborhood that continues to evolve and where housing demand keeps growing thanks to its excellent transport connections and the constant improvement of local services.

Just a few minutes' walk away you'll find the Cercanías train station, from which you can reach Madrid's city center in less than 15 minutes, placing you directly in the heart of the city. A connection highly valued by both future owners and tenants.

Right across the street is the Madrid Sur Shopping Center, plus supermarkets like Mercadona and Lidl, medical centers, sports facilities, parks, and all the services needed for daily life. All of this makes the location a comfortable, practical environment with increasingly growing residential demand.

If you're looking for an operation where you can add value from day one, this property brings together many of the ingredients that make an investment interesting: competitive entry price, revaluation potential through renovation, already-approved project, different exploitation strategies, and an estimated return that can reach up to 8%, depending on the chosen exploitation model.

This isn't simply about buying a commercial space. It's about acquiring an asset with the capacity to transform into a profitable project, a home with personality, or an investment capable of generating income from day one.

Now there's only one question left: are you going to let another investor seize this opportunity or do you prefer to be the one who unlocks its full potential?

Call me and let's arrange a viewing.

Patricia de la Fuente. iad España. Madrid. 6 16 926 538
REF: 938230

Madrid, Madrid, Madrid, Spain

Approximate location

NEAREST AIRPORTS

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

Advice on buying Spanish property

Learn everything you need to know to successfully find and buy a property in Spain.

About IAD, Barcelona

Ramón Turró, 23 2? planta Barcelona 08005

Created in France in May 2008 by Malik Benrejdal, Jérôme Chabin and Sébastien Caille, IAD is today the largest network of real estate consultants in the country, with thousands of consultants spread across French territory. It was in a garage that the desire was created to create a fully innovative real estate network, with the aim of providing a close follow-up to clients who want to sell, lease or acquire a property, guaranteeing an unparalleled online disclosure while simultaneously revaluing the proffesion of real estate consultant .

The IAD concept is thus based on three fundamental pillars:

- Real Estate: the founders of IAD France are all from real estate;

- The Web: dematerialize the agencies to propose a more competitive service to the client and to provide a work environment optimized for the consultants;

- Network Marketing: create a dynamic network of proximity, based on the sharing and freedom of each consultant can make to evolve his career.

In June 2015, IAD took the first steps in its internationalization with the birth of IAD Portugal. Vincent Morin is now president of the company, sharing management with three other real estate experts who have been part of IAD France since its foundation: Bryan Longet, Tony Ferreira (Portuguese-descendant) and Kader Mouloudji. Among the founders of IAD Portugal are Pedro Pimenta, a businessman who for more than a decade has been recognized for his success in the field of new technologies, and Joël Pereira, who currently signs himself in France as one of the best ROCs in his generation. Six brilliant minds who have come together to bring this innovative project to Portugal, which has been experiencing an absolutely remarkable growth ever since.

Notes

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This is a property advertisement provided and maintained by IAD, Barcelona (reference 247016_938230) 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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