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Chamberí - Vallehermoso 2,174 SF Office Condo Unit Offered at $1,007,487 in Chamberí, Madrid 28003
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INVESTMENT HIGHLIGHTS
- Location in the Chamberí district.
- Proximity to Santander Park and the Canal de Isabel II.
EXECUTIVE SUMMARY
Residential building located on Boix y Morer Street, in the Chamberí district of Madrid. Within walking distance, you'll find Santander Park and the Canal de Isabel II, significant urban spaces that provide green areas and sports facilities to the surroundings. The location is well-connected through the Ríos Rosas and Alonso Cano metro stations, several bus lines, and offers quick access to the M-30 highway and Bravo Murillo Street.
PROPERTY FACTS
| Total Building Size | > 50,000 SF | Floors | 8 |
| Property Type | Multifamily (Condo) | Year Built | 1970 - 1979 |
| Property Subtype | Apartment | Parking | Yes |
| Building Class | C |
| Total Building Size | > 50,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 8 |
| Year Built | 1970 - 1979 |
| Parking | Yes |
AMENITIES
UNIT AMENITIES
- Heating
- Instant Hot Water
SITE AMENITIES
- Elevator
- Public Transportation
1 UNIT AVAILABLE
Unit Puerta A
| Unit Size | 2,174 SF | Condo Use | Office |
| Price | $1,007,487 | Sale Type | Investment |
| Price Per SF | $463.43 |
| Unit Size | 2,174 SF |
| Price | $1,007,487 |
| Price Per SF | $463.43 |
| Condo Use | Office |
| Sale Type | Investment |
DESCRIPTION
The property has a surface area of 200 m2 and features an independent entrance from the street. The 15-meter façade includes four large windows that provide natural light to the interior.
The current layout consists of five offices, a large open-plan room, two restrooms, and a kitchen. It is equipped with individualized central heating, a reinforced security door, and an air conditioning system with wall-mounted units. There is also the option to install ducted air conditioning, as the placement of vents on the façade is permitted.
SALE NOTES
Ref.: AR01403
Office located in the municipality of Madrid.
Currently used as an office, it is rented under an active lease agreement generating a monthly income of €2,500.
The homeowners' association has approved the change of use to residential, and the property has a preliminary housing project that complies with applicable regulations.
Additionally, there is the option to purchase two parking spaces in the same building separately, a rare added value in the heart of the Salamanca neighborhood.
Within a short distance, there are well-established urban areas offering a wide range of services, shops, and amenities. The location is well-connected via road networks and public transportation, with nearby access to metro and bus lines. The building also features a recently renovated communal rooftop pool.
+2 More
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Presented by
Chamberí - Vallehermoso
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