Exclusive Investment Opportunity In Cortes: Classic Home To Renovate With Garage And Large Storage R
3 Beds
2 Baths
2,003 Sqft
Updated: July 28
About the Property
Consulting Esquivel presents this excellent investment opportunity in the exclusive neighborhood of Cortes, one of the areas with the highest projection and demand in the center of Madrid. The property is located in an elegant classic building with an elevator and offers 186 m² built, of which 106 m² correspond to the home, in addition to a garage space with direct access and an extraordinary stor
Consulting Esquivel presents this excellent investment opportunity in the exclusive neighborhood of Cortes, one of the areas with the highest projection and demand in the center of Madrid. The property is located in an elegant classic building with an elevator and offers 186 m² built, of which 106 m² correspond to the home, in addition to a garage space with direct access and an extraordinary storage room of approximately 45 m² with a window, a very unusual added value in this location. The property requires a complete renovation, allowing for the design of a fully customized home. The current layout includes an entrance hall, semi-integrated kitchen, spacious living-dining room, three bedrooms, and two bathrooms. Its seven windows, facing the well-kept garden courtyard of the building and the ICO alley, provide pleasant brightness and great tranquility. The property is sold with an active lease agreement, generating a monthly rent of €1,996.48, with water, electricity, and heating costs borne by the tenant. The contract has approximately three years of remaining validity and includes the guarantee of an insurer that ensures payment compliance. The garage space and storage room are not part of the rental contract and are transferred free along with the home. Note: The property is marketed off-plan; only the garage, storage room, and common areas are shown.