EXCLUSIVE INVESTMENT OPPORTUNITY: 8 APARTMENTS IN PRIME CHUECA-JUSTICIA LOCATION
Madrid, Spain2 600 000 € Request discount
- Year of construction: 1900
- Terrace: ✓
- Number of floors: 1
- Bedrooms: 24
- Elevator: ✓
- Furniture: ✓
- Bathrooms: 17
- Total rooms: 25
- Residential area: 315.00 m²
- IBI Tax: 0.00 €/year
- Balcony: ✓
Spectacular Flat for Sale – Distributed into 8 Independent, Segregated, and Registered Apartments – Ready for Rental with Proven High Profitability
• Prime location in Chueca-Justicia, one of the most sought-after areas in Madrid.
• Building with high ceilings (almost 4 meters), allowing for an additional 200 m² in mezzanines, creating a duplex-style layout.
• 8 balconies facing the street, providing excellent natural light and an optimal layout.
Apartment Distribution:
• Apartment A: 1 Bedroom | 2 Bathrooms | 2 Mezzanines | Living Room | Kitchen | 2 Street-Facing Balconies
• Apartment B: 2 Bedrooms | 2 Bathrooms | 2 Mezzanines | Living Room | Kitchen | 3 Street-Facing Balconies
• Apartment C: 3 Bedrooms | 3 Bathrooms | Living Room | Kitchen | 1 Street-Facing Balcony
• Apartment D: 1 Bedroom | 2 Bathrooms | 2 Mezzanines | Living Room | Kitchen | 1 Street-Facing Balcony
• Apartment E: 1 Bedroom | 1 Bathroom | 2 Mezzanines | Living Room | Kitchen | 1 Street-Facing Balcony
• Apartment F: 4 Bedrooms | 4 Bathrooms | Living Room | Kitchen | 6 Patio-Facing Windows
• Apartment G: 1 Bedroom | 1 Bathroom | 1 Mezzanine | Living Room | Kitchen | 2 Balconies + 1 Patio-Facing Window
• Apartment H: 3 Bedrooms | 2 Bathrooms | 2 Mezzanines | Living Room | Kitchen | 4 Patio-Facing Windows
Profitability History:
• For the past 20 years, the property has been rented to students and short-term vacation tenants, generating consistent high income.
• Ideal for investors: All apartments are fully furnished and ready for immediate rental, with no renovations or additional expenses required.
Available as a full package or in separate packs:
• Full Package: €2,600,000
• Apartments A & B: €900,000
• Apartments C, D & E: €1,200,000
• Apartments F, G & H: €1,200,000
Minimal Expenses:
Community Fees: €18/month per apartment
Property Tax (IBI): €209/year per apartment
Don’t miss this incredible investment opportunity in one of Madrid’s best areas! Contact me for more information or to schedule a visit.