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    Spacious Apartment in the Heart of Madrid - San Bernardo & Gran Vía
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    Spacious Apartment in the Heart of Madrid - San Bernardo & Gran Vía

    1,950,000€

    Key information

    • 208 m²
    • 6 bedrooms
    • Has elevator

    Investment Breakdown

    Gross Yield:

    3.29%

    Time to pay off with rent:

    30.4 years

    Price Difference:

    35.51%

    Expected Rent:

    5341€/month

    About this property

    Check out this magnificent apartment right at the intersection of San Bernardo and Gran Vía in the vibrant heart of Madrid! This place is huge, boasting 208m² built with 178m² of usable space, making it perfect for anyone who values room to breathe. With six spacious rooms, two of which come complete with cozy fireplaces, this apartment is charming and inviting. Four of the rooms feature en-suite showers, perfect for a quick rinse after a long day, plus there's a guest restroom and two additional bathrooms for convenience. Currently, this gem is rented out until June 2025, bringing in some steady income if you're looking at it from an investment angle. Three of the rooms have beautiful views facing San Bernardo street, while one is tucked away as an interior room. The kitchen and two other rooms have windows overlooking a sunny interior plaza—just imagine the bright, cheerful vibe! The community fee is €330/month, which covers the essentials, but I should mention that a full renovation is really recommended to bring out the best in this space. On a positive note, the façade is getting a complete makeover, and the current owners have already pitched in €12,000 to kick off the project. Plus, the interior elevator is set to be fully renovated too, and that cost is already taken care of, so no surprises there! This spot is a canvas waiting for your personal touch—don’t miss out on the potential.

    Local area information

    Date added: 27.11.2024

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