$4,410,000

Velázquez, To Be Renovated.

  • 5 Beds
  • 4 Baths
  • 4,726 Sqft
  • Updated: Today

About the Property

Property located on Velázquez street, between General Oraá and María de Molina, in one of the most established and sought-after areas of the Salamanca neighborhood. Situated on the first floor with high ceilings and very good natural light, the asset has 439 m² and offers extraordinary transformation potential. Currently, it has five rooms and four bathrooms, although it has been used as a notary
Property located on Velázquez street, between General Oraá and María de Molina, in one of the most established and sought-after areas of the Salamanca neighborhood. Situated on the first floor with high ceilings and very good natural light, the asset has 439 m² and offers extraordinary transformation potential. Currently, it has five rooms and four bathrooms, although it has been used as a notary office, so its current layout responds to professional use and allows for a much more efficient redistribution tailored to the future buyer’s needs. The property is in need of renovation, which presents an opportunity to develop a custom project, whether as a large-format residence, a representative office, or even as a flexible combination of both uses, always in accordance with applicable regulations. Due to its surface area, configuration, and features, it also presents the possibility of segregation, subject to the corresponding technical and urban study. It includes a parking space in the price, a particularly relevant differential value in this location. The property also incorporates a ground floor of approximately 40 m² linked to the main floor, with multiple usage possibilities: service area, independent office, archive, multipurpose room, or complementary space. Additionally, it has a large attic in the building, with potential for residential or auxiliary use, subject to verification of its regulatory viability. A unique piece in Velázquez, with volume, light, versatility, and value potential. An asset with many possible lives; it just needs someone to remove the notary’s suit and design its future.
  • Property type

    House

  • Price/sqft

    $933

Features

  • High Ceiling
  • Parking

Explore the Area

Calle Velázquez, Salamanca, Madrid, 28001, Spain View on Google Maps
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Last updated
Today
First listed
Sep 12
Listing reference
2007
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