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Flat in Madrid, Chamberí - Almagro, for sale

Flat in Madrid, Chamberí - Almagro, for sale

Reference number: PIS2723

Price: 995.000€

  • Constructed area 125 m²
  • Bedrooms 3
  • Bathrooms 2

Description

Located in the Almagro neighbourhood, one of the most elegant and well-established areas within the Chamberí district, this recently renovated property represents an excellent opportunity for both investors and buyers seeking a high-end asset in Madrid.

The apartment is currently rented until 30 June 2026, generating a return close to 5% ensuring a stable income.

The property features a carefully designed layout that maximises natural light, functionality and comfort. The daytime area is centred around a spacious living-dining room, an elegant and welcoming space ideal for everyday living as well as social gatherings.

The kitchen, with a contemporary design, is fully equipped with state-of-the-art appliances, combining aesthetics, efficiency and high-quality storage solutions.

The sleeping area consists of three generously sized bedrooms, all designed to provide privacy and comfort. The main bedroom stands out as an en-suite, offering an added level of convenience and exclusivity. The property includes two full bathrooms, both finished with high-quality materials, modern fittings and a timeless design that reinforces the premium character of the home.

The apartment is located in an elegant building with a lift, reflecting the stately architectural style for which Almagro is known. This neighbourhood is highly regarded for its classic façades, wide tree-lined streets and calm, exclusive residential atmosphere. The recent renovation successfully blends the charm of the original building with modern comforts, achieving a perfect balance between tradition and contemporary living.

Living—or investing—in Almagro means enjoying one of Madrid’s most sought-after areas. The neighbourhood offers an outstanding quality of life, with a wide selection of restaurants, galleries, local shops and everyday services, as well as excellent public transport connections and quick access to the city’s main thoroughfares. Its proximity to key financial, cultural and residential hubs makes it a particularly attractive and secure location from an investment perspective.

In terms of running costs, the property has an annual IBI of €780 and a monthly community fee of €150.43, figures consistent with the quality of the building and the area.

A solid, fully renovated property already generating income, located in one of Madrid’s most prestigious neighbourhoods—ideal for those seeking security, long-term value and a high-quality investment.
viewing!

Energy certification: B B

Details

  • Type: Flat
  • Transaction: For sale
  • Province: Madrid
  • Town: Madrid
  • Area: Chamberí - Almagro
  • Bedrooms: 3
  • Bathrooms: 2
  • Constructed area: 125 m²
  • Type of property: New build
  • Energy certification (consumo): B
  • Energy certification (emisiones): B

Extras

  • Floor:
  • Interior: Yes
  • Built Year: 1950
  • Renovation year: 2022
  • Kitchen: American - Refurbished - Equipped
  • Orientation: Southeast
  • Heating Type: Gas - Individual
  • Water heater: Natural gas - Individual
  • Property floor: Wood
  • Furnished: Yes
  • Renovated: Yes
  • Reinforced Door: Yes
  • Air Conditioning: Yes
  • Lift: Yes
  • Laundry: Yes
  • Fitted wardrobes: Yes
  • Double glazing: Yes
  • Stories: 6
  • Flat per storey: 4
  • Building condition: Good condition
  • Windows: PVC
  • Windows type: Tilt and turn
  • Shutters: Yes
  • Pets allowed: Yes
  • Security guard: Yes

Description

Located in the Almagro neighbourhood, one of the most elegant and well-established areas within the Chamberí district, this recently renovated property represents an excellent opportunity for both investors and buyers seeking a high-end asset in Madrid.

The apartment is currently rented until 30 June 2026, generating a return close to 5% ensuring a stable income.

The property features a carefully designed layout that maximises natural light, functionality and comfort. The daytime area is centred around a spacious living-dining room, an elegant and welcoming space ideal for everyday living as well as social gatherings.

The kitchen, with a contemporary design, is fully equipped with state-of-the-art appliances, combining aesthetics, efficiency and high-quality storage solutions.

The sleeping area consists of three generously sized bedrooms, all designed to provide privacy and comfort. The main bedroom stands out as an en-suite, offering an added level of convenience and exclusivity. The property includes two full bathrooms, both finished with high-quality materials, modern fittings and a timeless design that reinforces the premium character of the home.

The apartment is located in an elegant building with a lift, reflecting the stately architectural style for which Almagro is known. This neighbourhood is highly regarded for its classic façades, wide tree-lined streets and calm, exclusive residential atmosphere. The recent renovation successfully blends the charm of the original building with modern comforts, achieving a perfect balance between tradition and contemporary living.

Living—or investing—in Almagro means enjoying one of Madrid’s most sought-after areas. The neighbourhood offers an outstanding quality of life, with a wide selection of restaurants, galleries, local shops and everyday services, as well as excellent public transport connections and quick access to the city’s main thoroughfares. Its proximity to key financial, cultural and residential hubs makes it a particularly attractive and secure location from an investment perspective.

In terms of running costs, the property has an annual IBI of €780 and a monthly community fee of €150.43, figures consistent with the quality of the building and the area.

A solid, fully renovated property already generating income, located in one of Madrid’s most prestigious neighbourhoods—ideal for those seeking security, long-term value and a high-quality investment.
viewing!

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Energy certification

Energy certification: B B

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  • Terra Homes
  • Calle Alcalá, 85 5º Dcha
  • 28009 Madrid (Madrid)
  • +34 913 608 853
  • +34 606 457 314
  • more
Calle Alcalá, 85 5º Dcha
28009
Madrid (Madrid)
  • Terra Homes
  • Calle Alcalá, 85 5º Dcha
  • 28009 Madrid (Madrid)
  • +34 913 608 853
  • +34 606 457 314
  • Terra Homes Locales
  • Calle Alcalá 85, 5º Drch
  • 28009 Madrid (Madrid)
  • 913 608 853

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