Madrid Apartment

DIZA Consultores presents this spectacular property, offering immense potential for profitability and transformation, located on the iconic Padre Damián Street in one of Chamartín’s most sought-after and established neighborhoods.

With a total built area of 298 m², the property is registered as two independent units (one of approximately 200 m² and another of 90 m²), offering exceptional architectural and investment flexibility. It is a versatile space characterized by abundant natural light and excellent accessibility.

Situated on the semi-basement level, the asset enjoys the functional and perceptual advantages of a ground-floor unit. Natural light fills every room:

- Large exterior-facing windows in every area. Direct access to green space:

- Street-level exit connecting directly to a pleasant, landscaped courtyard for communal use.

- Dual independent entrances: Direct street access and a formal entrance through the building’s main lobby, with the added convenience of elevator access directly to the property level.

Currently configured for office use, the layout includes spacious entrance halls, nine large rooms, two bathrooms, and a kitchen area.

An opportunity for investment and change of use.

This asset is highly attractive, whether for maintaining its current corporate use or for executing a high-yield residential project:

Subdivision and change of use:
Possibility of transforming the space into two independent residential units or implementing a room-rental business model.

Legal certainty regarding the community: The community bylaws and minutes (2020–2026) contain no express prohibition against conversion into residential housing. Furthermore, Rule 31 of the bylaws explicitly authorizes the division, subdivision, or interconnection of the premises without requiring approval from the Owners’ Association (subject to obtaining the appropriate municipal planning permit and respecting common elements). A prime location surrounded by all amenities and world-class dining options, offering quick access to Paseo de la Castellana and the capital’s financial district.

At DIZA Consultores Inmobiliarios, we turn dreams into homes and high-value investments. We would be delighted to assist you with further information or to arrange a personalized viewing.