Spacious and bright apartment located in Las Letras district of Madrid, one step away from La Latina, from Lavapiés and very close to Paseo la Castellana.
Central location, 5 minutes walk from the most emblematic area of Madrid.
With elevator.
Exterior. Located on the 4th floor of a classic building, built in 1890.
With a size of 235 m2 built.
With 5 viewpoints to Atocha street.
Completely renovated, ready to move in.
Large hall with direct access to the kitchen and the main living room.
With 4 bedrooms, 1 of them a suite.
Suite Master bedroom with fitted wardrobes and ceilings adorned with wooden beams. The spacious and original bathroom is tiled with blue tiles, with shower.
2 double bedrooms with built-in wardrobes.
Single room with fitted wardrobes.
Two bathrooms, one located in Master Room with shower and another one with a bathtub.
Large kitchen of approximately 30m2, fully equipped and designed with white furniture and plenty space of storage.
With 2 living rooms, one of them large and with a free standing fireplace. The second one is enabled as a work area. Total 80m2 space.
Emblematic Building from 1890.
With 4 floors and 2 neighbours per floor.
House completely renovated.
High ceilings, wooden beams.
Terracotta floors.
CLIMALIT thermal windows with wooden shutters.
Interior carpentry in broken white wood.
Built-in wardrobes in all bedrooms and in the hall area.
Natural gas heating with grey radiators with vintage design.
Air conditioning.
Halogens in all rooms of the house.
Anti-theft alarm.
Armored entrance door.
Atocha street is located in the Barrio de las Letras, or de las Musas, in the Centro district of the capital.
Some of its most emblematic streets are Calle de las Huertas, Calle del Prado, Calle de Echegaray, Plaza del Ángel and Plaza de Santa Ana.
The Barrio de las Letras bears its name in homage to the great writers who inhabited its streets in the Golden Age. Cervantes, Quevedo and Lope de Vega walked through this area located between Paseo del Prado and Plaza de Santa Ana, one of the the most popular in Madrid for the charm of its pedestrian streets and its many shops and restaurants that make it especially lively on weekends. It was here that the first comedy corrals in Madrid were installed.
Since the third quarter of the twentieth century, the area has concentrated a great nightlife activity in bars, taverns, discos and other places around the Calle de las Huertas and Plaza de Santa Ana.
Road traffic is restricted in many of its streets, except for residents, public transport, services and emergencies, expanding the pedestrian areas.
Metro stations
Antón Martín (L1), Art Station (Antigua Atocha) (L1), Sol (L1, L2, L3)
Buses
001, 002, M1, 6, 10, 14, 26, 27, 32, 34, 37, 45, N10, N11, N12, N13, N14, N15, N17, N25, N26
Train
Madrid-Atocha, Madrid-Sol
Bike rental (BiciMAD)
Stations: 27, 41, 52, 67
Selling price does not include appliances, furniture or decorations.
Can be negotiated.
Real Estate Tax I.B.I.: 1,475 euros per year
Neighbourhood Community: 300 euros per month
Why is this property a good purchase?
The advantages of this house are directly related to its unique characteristics. And are these characteristics the ones that make this home a profitable purchase.
Very well located in the Barrio de las Letras and close to Lavapiés, La Latina and Sol.
There is no other property in the area that can be compared to this one: due to its location, its dimensions, 235 m2, the materials used in its construction, the maintenance reforms carried out and its distribution and design.
With annex attached to the main house that can be adapted according to needs.
Comfortable and ready to go in. No need of renovations.
Very bright and quiet due to its location: 4th floor of the building.
Exterior and with views, from its 5 windows, to both sides of Atocha street.
In the upper middle income zone of Madrid.
Close to all necessary basic services: schools, restaurants, leisure areas, museums …
With all necessary mobility infrastructures.
The main objective of a real estate investment, is to make capital profitable. The investment in real estate must generate a significant profit according to the expectations of each investor.
This house tenant’s profile belongs to a group with high purchasing power.
Taking into account the future expenses, the gross profitability of this property is around 5%.
Your net profitability will approximately be of 4.2%.
Not a company
Available upon request
30 days after earnest money contract
Earnest payment of 30% of value the property.
The remaining 70% will be paid on public deed signature, which will be effective within a month after house reservation.
Visits to the property restricted to effective and solvent buyers.
Real Estate Brokers – www.silkandebony.com
Pilar Sánchez de la Nieta
Olga Kasatkina
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