Plaza de la Constitución Apartment Building $750,326 Aranjuez, Madrid 28300

Unique building located on one of the most iconic corners of Aranjuez—at the intersection of Gobernador Street and Plaza de la Constitución—offers an exceptional opportunity for investors seeking a property with heritage value, high visibility, and significant potential for appreciation. This historic property features a commercial ground floor and three additional levels (first, second, and attic), fully compliant with the current urban planning regulations (PGOU), while preserving its original heights and dimensions, which 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-plan layout, allowing them to be divided into multiple residential units or adapted for other compatible uses. This versatility makes the property an excellent option for either a comprehensive rehabilitation project aimed at the residential market or the creation of a mixed-use concept combining commercial, residential, and tourist or long-term rental formats.
The property's strategic location in the heart of the historic center, coupled with constant pedestrian traffic, makes it a prime spot for any commercial activity. Its dual-facade visibility and immediate proximity to services, transportation, dining, and Aranjuez's landmark attractions further enhance its appeal as a short- and long-term investment.