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reference: EXP08157
A 535 m residential building is available for renovation, ideal for developing 6 housing units in a prime location, just 3 minutes from the Royal Monastery of San Lorenzo de El Escorial. Spread over the ground floor and three stories, this historic building (built in 1780 and expanded in 1900) features two duplex penthouses and two exterior floors, all with patios. Renovated in 1970 and with the roof recently updated, it is in excellent structural condition. Key features: The building is free of encumbrances and tenants upon sale. Possibility to install an elevator. Water, electricity, and gas connections ready for renovation. An investment with great profitability potential in the heart of the historic center, surrounded by amenities and in a highly sought-after area. Flexible negotiation with the owner. Don't miss this opportunity!