Plaza de la Constitución Apartment Building $752,123 Aranjuez, Madrid 28300

Unique building located at one of the most iconic corners of Aranjuez—between Gobernador Street and Plaza de la Constitución—offers an exceptional opportunity for investors seeking an asset with heritage value, high visibility, and significant potential for appreciation. This historic property features a commercial ground floor and three additional floors (first, second, and attic), fully compliant with the current urban planning regulations of the PGOU, maintaining original heights and surfaces that enhance its architectural character.
The building currently houses two commercial spaces on the ground floor and two residential units on the upper floors. However, the first and second floors stand out for their spaciousness and open layout, allowing them to be divided into several residential units or adapted for other compatible uses. This versatility makes the asset an excellent option for developing a comprehensive rehabilitation project aimed at the residential market or creating a mixed-use concept that combines commercial, residential, and tourist or long-stay formats.
The strategic location of the property, right in the historic center and with constant pedestrian traffic, makes it a prime spot for any commercial activity. The double facade visibility and immediate proximity to services, transportation, dining, and iconic spaces in Aranjuez enhance its appeal as a short- and long-term investment.