Houses for sale in Peñagrande, Madrid

In the heart of Pacífico, just a few meters from El Retiro Park, the Basilica of Nuestra Señora de Atocha, the Madrid Metro station, and the Madrid-Puerta de Atocha-Almudena Grandes Station, we present an investment opportunity that is hard to find in one of the capital's most consolidated neighborhoods with the highest demand. The property, with 53 m² of built area, is completely demolished, offering an authentic blank canvas to develop a comprehensive renovation tailored to current market needs. Its configuration allows for the design of an attractive layout featuring a living room with an integrated kitchen, two generously sized bedrooms, and one bathroom, maximizing every square meter. With the aim of helping to visualize the full potential of the property, the advertisement will include indicative renders of a possible renovation proposal. These images are purely illustrative and will allow for an appreciation of how the property could be transformed, making it easier for the buyer to imagine the final result and the possibilities this asset offers. Located in a 1960 building with an elevator, adapted entrance, and a favorable ITE (Technical Building Inspection) passed in 2024, the property also features access to a private-use courtyard, an uncommon added value in properties of these characteristics. With six windows and a ceiling height of nearly three meters, the property offers an excellent starting point for creating a differentiating product within the local residential market. Its true strength lies in the combination of location, scarcity of properties to renovate, and the high rental demand that characterizes the Pacífico neighborhood. This is an especially interesting opportunity for the equity investor looking to add an asset to their portfolio with the capacity to generate a stable income and notable potential for mid- and long-term revalorization. Can you imagine living here?

Housing for temporary rental, located behind the church of San Ginés a few meters from the Puerta del Sol, is located this apartment of approximately 90m², exterior and two bedrooms.  Entering the house we access the living room with a balcony overlooking the street, at the back is the spacious kitchen, through the distributor we access the two double bedrooms, one of them with en suite bathroom and large dressing room. In the hallway is the other bathroom.  The house has been completely renovated with the best qualities, has air conditioning and heating through individual Split in the rooms.  Can you imagine living here?