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Barrio Parque de las Avenidas 559 SF Retail Condo Unit Offered at $389,197 in Salamanca, Madrid 28028
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Investment Highlights
- Privileged location in a residential area in the Parque de las Avenidas neighborhood.
- Real possibility of changing the use to create a two-bedroom residence.
- Dual access from the street and the building entrance enhances multiple configurations.
- Layout with multiple rooms and cross ventilation through a 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.
1 Unit Available
Unit Puerta Izquierda
| Unit Size | 559 SF | Condo Use | Retail |
| Price | $389,197 | Sale Type | Investment or Owner User |
| Price Per SF | $696.24 |
| Unit Size | 559 SF |
| Price | $389,197 |
| Price Per SF | $696.24 |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
Description
Commercial 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 renowned for its residential tranquility, excellent connectivity, and wide range of services. With direct access both from the street and through the building's entrance, this property offers exceptional added value in terms of versatility and transformation potential.
According to the land registry, the space measures 52 m² and offers the possibility of converting its use to residential, opening the door to a unique project to create a modern, comfortable, and well-distributed apartment. In fact, the space was previously used as a residence, which simplifies the paperwork and allows for design alternatives such as a two-bedroom home with spacious and well-defined areas. The current layout includes several independent rooms, a bathroom, a storage area, and direct access to a small interior patio that promotes cross ventilation and provides natural light. Additionally, there is the option to raise the ceiling in the storage area to incorporate a skylight, further enhancing the lighting.
The finishes include textured walls, ceramic flooring, and a natural gas connection, elements that simplify future adaptations based on the buyer's project.
Its location is another major highlight: a quiet street near La Guindalera and the Salamanca district, surrounded by restaurants, schools, pharmacies, green spaces, playgrounds, and a comprehensive public transportation network with metro and bus stops just steps away.
This property represents an exceptional opportunity for both investors and buyers seeking a flexible space in a prime Madrid location.
+10 More
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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 |
Amenities
Site Amenities
- Public Transportation
Presented by
Barrio Parque de las Avenidas
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