Calle de Villaamil 516 SF Retail Condo Unit Offered at $216,669 in Tetuán, Madrid 28039

Commercial space of 48 m² built and about 45 m² at street level in Berruguete.

In a context of sustained growth in residential prices, this unit represents a strategic opportunity for those looking to create a customized home or for investors who value assets with upside and appreciation potential.
Located on the ground floor with direct access from the building’s main entrance, the property has a built area of 48 sqm and approximately 45 sqm of usable space, allowing for a comfortable and highly efficient layout. The space offers the possibility of configuring two bedrooms, a large bathroom, and a daytime area with living room and open-plan kitchen, adapting to current demands for functionality and comfort.
One of its key differentiating features is the natural light in every room, thanks to its dual orientation toward Villaamil Street and the building’s interior courtyard, an especially valued aspect in change-of-use processes to residential.
The feasibility of this change of use significantly increases the appeal of the asset, located in a fully consolidated area with excellent transport links. Just a few yards from Ofelia Nieto and Francos Rodríguez streets, the surroundings combine residential life, local services, neighborhood retail, and good public transportation connections, ensuring strong demand both for owner-occupation and for rental.
Given its location, features, and urban development potential, this unit stands out as a solid option for those seeking profitability, differentiation, or the opportunity to create a home with its own identity in one of the most established areas of the district.