Properties

​Flat in the prestigious Trafalgar area, Chamberí, with 5.3% profitability, and possibilities for refurbishment

35m2
1
1
Ref.: MAD-3276
Features
Bedrooms: 1
Bathrooms: 1
Built: 35m2
Kitchen: 1
Built-in wardrobes: 1
Energy Rating: E
Year of construction: 1940
Floor: 1st
Orientation: East
Balcony: 2 m2
Distance to airport: 15 Km.
Distance to amenities: 50 Mts.
Distance to Golf: 5 Km.
Balcony
Energy Rating
E
Description

Bright one-bedroom flat for sale in the prestigious Trafalgar area, Chamberí, 3 minutes walk from Iglesia Metro.

Surface area 35 m2, 1 bedroom, 1 bathroom. 

No lift in the building, but its installation is technically possible.

The house was built in 1940 and in 2007 has been fully renovated, all beams have been replaced with iron. 
The flat has 2 air-conditioners, one in the hall and one in the bedroom (cooling and heating).
The windows face east.
There is a metal entrance door.
Utility bills are 60 euros / month, at the moment temporarily 100 euros / month until the end of the renovation to improve the building. 
The annual tax is 350 EUR/year.
The flat in its current condition is rented for 930€/month. 
The flat can be renovated, which will increase profitability.
Various renovation options are possible, including combining bedroom and living room into one spacious studio. Also the 3,22 m ceilings allow for a cozy bunk room ("first floor" in the room) with stairs.

Great area in the heart of Chamberí, with well-developed infrastructure, pharmacies, various shops, restaurants, supermarkets, medical centres, sports centres, prestigious schools, etc.

This is an ideal investment opportunity!


Location
Economy

This info given here is subject to errors and do not form part of any contract. The offer can be changed or withdrawn without notice. Prices do not include purchase costs.

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Currency exchange
  • Pounds: 177.233 GBP
  • Russian ruble: 177.233 RUB
  • Swiss franc: 200.376 CHF
  • Chinese yuan: 1.596.777 CNY
  • Dollar: 220.517 USD
  • Swedish krona: 2.414.448 SEK
  • The Norwegian crown: 2.435.355 NOK

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