Apartment for Sale in Madrid, Madrid

  • 390 000 €
  • 2 beds
  • 1 baths
  • 51 m²

Description

This magnificent property is located in a prime location in the Ibiza neighborhood, within the Retiro district of Madrid. With a built area of 51 square meters, this ground floor unit offers an excellent investment opportunity for those looking to renovate and achieve strong rental yields. Built in 1926, the property features two main bedrooms and one full bathroom. Its north-south orientation ensures excellent natural light throughout the entire home. Additionally, it boasts an 8-square-meter terrace, perfect for enjoying outdoor moments. The building is equipped with an elevator and a reinforced security door, providing both convenience and safety for its residents. Porcelain flooring and double-glazed windows create a cozy atmosphere and excellent soundproofing from external noise. As for its location, this property is just one block away from the renowned Parque del Retiro, a green oasis in the heart of the city. It also benefits from excellent public transport connections, with several nearby bus stops and the Ibiza and Retiro metro stations just a few minutes' walk away. The surrounding area offers a wide variety of services and amenities. The prestigious Santa María del Pilar school is located less than 10 kilometers away, making this property an attractive option for families with children. Furthermore, the ABC Serrano shopping center is also within close proximity, providing a diverse range of shops, restaurants, and leisure options. In summary, this home in Ibiza, Retiro, is a unique opportunity for those seeking to invest in a property with excellent potential for profitability. Its exceptional location, near Parque del Retiro and with outstanding transport connections, makes it an ideal choice for those wanting to combine the tranquility of a residential neighborhood with the convenience of being close to the city center. GILMAR is a respected real estate company with over 35 years of market experience. Our mission is to help our clients find their dream home by offering professional and personalized service. If you’d like more information about this remarkable investment opportunity, please contact us and provide the reference number for the listing (Ref: 204005). Our team would be delighted to assist you. GILMAR Team Retiro Office Avda. del Mediterráneo, 44 Phone: 91 121 84 84 Email: [email protected]

Reference: MIMOVE-15175-204005

Listing date: 03/08/2026

Walkthrough

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