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Barrio Parque de las Avenidas 559 SF Retail Condo Unit Offered at $381,847 in Salamanca, Madrid 28028

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Investment Highlights

Prime location in a residential area in the Parque de las Avenidas neighborhood.
Real possibility of changing the use to create a two-bedroom residence.

Double access from the street and the building entrance, allowing for multiple layout options.
Layout with several rooms and cross ventilation through an interior courtyard.

Executive Summary

Residential building located in the well-established Parque de las Avenidas neighborhood, a quiet area with good transport links. The surroundings stand out for their wide avenues, landscaped areas, and a balanced mix of urban life and family-friendly atmosphere. Just a few minutes away there are several city bus lines and, in particular, the Parque de las Avenidas metro station, which provides quick connections to the rest of Madrid. The area offers a wide range of services: supermarkets, pharmacies, banks, cafés, and local shops. On the nearby streets there are schools, daycare centers, and municipal sports facilities, which makes day-to-day living practical and convenient. It is also relatively close to Hospital Universitario de la Princesa, one of the main healthcare centers in the district. Road connections such as the M-30 make it easy to get around within the city as well as to travel to other areas.

Property Facts

Total Building Size	< 15,000 SF	Building Class	C
Property Type	Multifamily (Condo)	Floors	3
Property Subtype	Apartment	Year Built	1930 - 1939

Total Building Size	< 15,000 SF
Property Type	Multifamily (Condo)
Property Subtype	Apartment
Building Class	C
Floors	3
Year Built	1930 - 1939

Site Amenities

Public Transportation

1 Unit Available

Unit Puerta Izquierda

Unit Size	559 SF	Condo Use	Retail
Price	$381,847	Sale Type	Investment or Owner User
Price Per SF	$683.09

Unit Size	559 SF
Price	$381,847
Price Per SF	$683.09
Condo Use	Retail
Sale Type	Investment or Owner User

Description

Retail space of 52 square meters at street level in the Parque de las Avenidas neighborhood.

Sale Notes

Located in the prestigious Parque de las Avenidas neighborhood, an area known for its residential tranquility, excellent connectivity, and wide range of services. With direct access both from the street and from the building’s main entrance, this asset offers exceptional added value in terms of versatility and conversion potential.

According to the land registry, the unit has 52 m² and offers the possibility of changing its use to residential, opening the door to a unique project to create a modern, comfortable, and well-laid-out apartment. In fact, the space was used as a residence in the past, which simplifies the permitting process and makes it easier to envision design alternatives, such as a two-bedroom home with spacious, clearly defined areas. The current layout includes several separate rooms, a bathroom, storage area, and direct access to a small interior patio that promotes cross-ventilation and brings in natural light. In addition, there is the option to raise the storage ceiling to add a skylight and further improve lighting.

Finishes include textured walls, ceramic flooring, and a natural gas connection, features that simplify future adaptations depending on the buyer’s project.

The location is another of its major attractions: a quiet street near La Guindalera and the Salamanca district, surrounded by restaurants, schools, pharmacies, green areas, playgrounds, and a very complete public transportation network with metro and EMT bus stops just a few steps away.

This asset represents an exceptional opportunity both for investors and for buyers seeking a flexible space in a prime area of Madrid.