SPANISH PROPERTY EXPERTS

Sunday, April 20, 2025

Piso in Madrid with 24 Bedrooms

€2,600,000

Madrid


Ref: ALMPA063

Locations: Spain - Costa Blanca South

Bedrooms: None

Bathrooms: None

Pools: 1 Pool

Living Space: 315m²

Description

Spectacular Flat for Sale – Distributed into 8 Independent, Segregated, and Registered Apartments – Ready for Rental with Proven High Profitability~~• Prime location in Chueca-Justicia, one of the most sought-after areas in Madrid.~• Building with high ceilings (almost 4 meters), allowing for an additional 200 m² in mezzanines, creating a duplex-style layout.~• 8 balconies facing the street, providing excellent natural light and an optimal layout.~~Apartment Distribution:~• Apartment A: 1 Bedroom | 2 Bathrooms | 2 Mezzanines | Living Room | Kitchen | 2 Street-Facing Balconies~• Apartment B: 2 Bedrooms | 2 Bathrooms | 2 Mezzanines | Living Room | Kitchen | 3 Street-Facing Balconies~• Apartment C: 3 Bedrooms | 3 Bathrooms | Living Room | Kitchen | 1 Street-Facing Balcony~• Apartment D: 1 Bedroom | 2 Bathrooms | 2 Mezzanines | Living Room | Kitchen | 1 Street-Facing Balcony~• Apartment E: 1 Bedroom | 1 Bathroom | 2 Mezzanines | Living Room | Kitchen | 1 Street-Facing Balcony~• Apartment F: 4 Bedrooms | 4 Bathrooms | Living Room | Kitchen | 6 Patio-Facing Windows~• Apartment G: 1 Bedroom | 1 Bathroom | 1 Mezzanine | Living Room | Kitchen | 2 Balconies + 1 Patio-Facing Window~• Apartment H: 3 Bedrooms | 2 Bathrooms | 2 Mezzanines | Living Room | Kitchen | 4 Patio-Facing Windows~~Profitability History:~• For the past 20 years, the property has been rented to students and short-term vacation tenants, generating consistent high income.~• Ideal for investors: All apartments are fully furnished and ready for immediate rental, with no renovations or additional expenses required.~~Available as a full package or in separate packs:~• Full Package: €2,600,000~• Apartments A & B: €900,000~• Apartments C, D & E: €1,200,000~• Apartments F, G & H: €1,200,000~~Minimal Expenses:~Community Fees: €18/month per apartment~Property Tax (IBI): €209/year per apartment~~Don’t miss this incredible investment opportunity in one of Madrid’s best areas! Contact me for more information or to schedule a visit.~

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