Unique Opportunity To Renovate In Cortes: Classic Property

Engel & Völkers presents this fantastic investment opportunity in an unbeatable location, just steps from Paseo del Prado and the Thyssen Museum, next to the Royal Botanical Garden, and excellently connected by metro and bus.

This welcoming home is located on the first floor, with an elevator, in a stately building dating from the early 20th century, which has been very well maintained. The entrance steps are currently being removed to improve accessibility.

The exterior property is very bright, with four street-facing balconies and numerous windows. Its 3.30 m-high ceilings are another notable feature.

It comprises 181 m² of living space and an 11 m² storage room. It is currently laid out with four bedrooms, a living-dining room, a separate kitchen, and two bathrooms, with the possibility of changing the layout according to the buyer’s preferences and needs.

This fantastic property is a unique investment opportunity in the historic center of Madrid, appealing both to investors and private buyers.

Exploring the Literary Quarter means immersing yourself in the living history of Spain’s Golden Age. Very close to some of the world’s most important art museums—the so-called Art Triangle—the Las Cortes area, renowned for the intense literary activity that flourished there during the 16th and 17th centuries, offers a broad cultural program, a complete range of shops, and exquisite national and international cuisine.

It is the emblematic neighborhood where tradition and modernity come together, enjoying a privileged location just minutes from the new Canalejas luxury complex, near the Paseo del Prado, Neptune Square, and the Royal Botanical Garden. The property is surrounded by art galleries, film archives, antique dealers, and a diverse selection of cafés and restaurants, making “the Literary Quarter” undoubtedly one of the most special neighborhoods in central Madrid.

Appliances, Fixed furniture, Built-in wardrobe, Built-in cupboards, Seperate sanitary facilities, Study