The New Madrid presents an excellent investment opportunity on García de Paredes Street, located in the exclusive and aristocratic Almagro neighborhood (Chamberí). This property is situated in a classic building constructed in 1950 and stands out for its enormous potential for transformation and value appreciation.
With a total surface area of 93 m² (86 m² of living space), the residence is offered in a "to renovate" state, becoming the perfect blank canvas to design a custom home in one of Madrid's most sought-after areas. The current layout consists of three bedrooms and two bathrooms, allowing for multiple configurations to adapt to modern living needs.
One of the strong points of this property is its South orientation, which guarantees magnificent natural light entry and warmth. With very reasonable community and tax costs, it is the ideal option for those looking to create a personalized space in a prime location.