3-room flat 194 m², Universidad-Malasaña, Madrid

Prime Refurbishment Opportunity in the Heart of Malasaña

Nestled in a beautifully restored early 20th-century building with a classic façade and a stunning, protected staircase, this third-floor, southeast-facing residence boasts soaring ceilings and an abundance of natural light. Accessible by elevator, this elegant apartment combines historic charm with modern comfort. The property is available for sale in its current, unrefurbished state at the listed price of €950,000, offering an excellent opportunity for customization. Alternatively, it can be purchased fully renovated, with completion scheduled for summer 2025, providing buyers with two expertly designed configurations.

The first option is a luxurious family residence featuring 3-4 bedrooms, 3 bathrooms, dual living rooms, a formal dining area for up to 10 guests, and a high-end kitchen with the option for separation. The master suite includes dual walk-in closets and a spacious en-suite bathroom, while custom-built wardrobes and ducted air conditioning ensure comfort and convenience. This layout is ideal for those seeking a sophisticated and spacious home.

The second option is designed with investors in mind, offering up to 8 bedrooms, 3 bathrooms, a functional kitchen, dining space, coworking area, and an exterior-facing lounge. The living room can also be converted into an additional bedroom to maximize rental income, catering to the high demand for room rentals in this sought-after area.

Situated in the vibrant and bohemian heart of Malasaña, just steps from Gran Vía and Plaza de España, this property enjoys unparalleled access to Madrid's cultural and social scene. Residents benefit from excellent transport connections and proximity to supermarkets, universities, schools, and a variety of dining, cultural, and entertainment options. This exclusive property presents a unique opportunity to own a home in one of Madrid’s most coveted neighborhoods, whether in its current state or fully refurbished to meet the highest standards. Contact us today to learn more about this extraordinary offering.