Calle de la Araucaria, 8
Madrid, Madrid 28039
Land For Sale · 0.03 AC

Great investment opportunity. This is a plot in the Tetuán area, just a 25-minute walk from the Santiago Bernabéu stadium, in one of the best areas of Madrid. Located on the stretch between Plaza de Cuzco and Ofelia Nieto Street on Araucaria Street, parallel to Bravo Murillo Street and 5 minutes from the Tetuán metro station. The plot has an area of 106 m2. It currently has a residential building built in 1905, with a total of 3 floors with an area of 150 m2. Ideal for collapsing and building a new building or renovating the building and maintaining its current use. It has a tourist license and all kinds of documentation necessary for the hospitality activity.