Spectacular home in a classic building with 10 balconies and storage rooms

Spectacular corner home in a classic building with ten balconies, high ceilings, and strong investment potential

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Olisson Club offers this exclusive corner property, featuring ten balconies overlooking the street, high ceilings, and a storage room, an authentic gem in the Centro district with an excellent investment opportunity. With a surface area of 181 m², this spectacular home stands out for its exceptional brightness thanks to its ten exterior balconies, which flood every room with natural light throughout the day. It is a luxurious penthouse located on the fourth floor. The property is currently divided into two independent units, each with a living room, fully equipped kitchen, two bedrooms, and one bathroom. This layout offers great versatility: it can be used as a single-family residence, maintained as two separate units for rental income, or even considered for possible legal subdivision. The building is a representative classical property dating back to 1880, and the apartment is located on the top floor. It also includes two storage rooms. The installation of an elevator has been approved by the homeowners’ association and is currently in the project phase, which will represent a significant added value and a substantial improvement in comfort. The property has been rented both as a whole and as two independent units, achieving an average return of 6% with approximately 80% occupancy, with verifiable data from rental platforms. This makes it a particularly attractive option for investors. Located in Sol, one of Madrid’s most iconic and vibrant areas, the surroundings boast excellent transport connections, a wide cultural, commercial, and gastronomic offering, and constant demand from both residential and tourist markets.

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