Renoviertes Außengebäude In Nueva España (Chamartín)

BARNES exclusively presents. Exterior apartment with great renovation potential in Plaza de la República Dominicana, in the heart of the Nueva España neighborhood (Chamartín), one of Madrid’s most exclusive and established residential areas.

The home is located on the fourth floor of a stately 1953 building with an elevator. It immediately stands out for its extraordinary brightness, high ceilings that add spaciousness to every room, clear views, northeast orientation, and cross ventilation throughout, ensuring a fresh and healthy environment year-round.

The interior layout includes three bedrooms and one bathroom, designed to adapt to the needs of a family or a personalized renovation project. The apartment has heating and remains in its original, unrenovated state, representing an exceptional opportunity for those looking to increase the property’s value through a tailored comprehensive reform, taking advantage of the noble structure and good proportions typical of mid-20th-century constructions.

Nueva España is undoubtedly one of Chamartín’s most valued and stable residential neighborhoods, characterized by elegant exposed brick buildings constructed between the 1950s and 1970s, giving the area a very recognizable architectural identity.

The surroundings offer a full range of local shops concentrated on Príncipe de Vergara and Costa Rica streets, with boutiques, cafés, and top-quality services within easy reach.

The location also enjoys excellent connectivity, with direct access to the Castellana axis and the M-30, facilitating travel to any part of the city. Public transport is equally convenient, thanks to the Colombia Metro station, served by lines 8 and 9, the latter providing a direct connection to Madrid-Barajas airport.

In short, this is a unique market opportunity, suitable both for families seeking a spacious three-bedroom apartment in one of the capital’s most prestigious and sought-after areas, and for investors who recognize the great potential for value appreciation this property offers in a prime, established location with an exceptionally high quality of life.