SALE
Location
Property Type
Price€
Rooms
SizeM2
Ibiza
121 m2 / 3 Bedrooms
REF: ibi184.VMA
1.098.000 €
Investment and renovation opportunity on one of Madrid’s most sought-after avenues
Unique renovation opportunity next to Retiro Park
OLISSON presents this excellent renovation opportunity located on one of the most representative streets in the Ibiza neighborhood, just a few steps from the iconic Retiro Park.
Situated on the seventh floor of an exterior-facing building, this 121 sqm property stands out for its brightness, height, and pleasant orientation. The apartment is currently distributed into a spacious living-dining area with an open-plan kitchen, three bedrooms — one of them featuring an en-suite bathroom — and a second full bathroom. The property also benefits from a lovely private terrace, an ideal outdoor space to create a chill-out area or al fresco dining space.
The apartment offers outstanding renovation potential, perfect for developing a comprehensive refurbishment project and transforming it into a contemporary, elegant, and functional residence. Its current layout, with generous social areas and open spaces, enhances the feeling of spaciousness and allows for abundant natural light throughout the home.
Additional features include individual gas heating, air conditioning, and built-in wardrobes. The building, constructed in 1951, benefits from a lift and is part of a well-established property located in one of Madrid’s most sought-after residential areas.
An ideal property both for end buyers looking to create a sophisticated and fully personalized home in a prime location, and for investors seeking a high-potential asset with strong appreciation prospects next to Retiro Park.
This residence combines spaciousness, natural light, and excellent customization possibilities within an exclusive setting. Its dimensions, privileged location, and remarkable potential make it a fantastic opportunity to enjoy an elegant and contemporary lifestyle in one of the capital’s most desirable neighborhoods.
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