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Madrid, Madrid, Spain

Versatile Three-Bed Apartment for Renovation in Chamberí, Madrid

€3,220,000

€14,439/m²

3
Bedrooms
3
Bathrooms
223 m²
Interior
Apartment
Type
1 week ago
Listed

The Habio take

AI summary

This spacious apartment in the prestigious Chamberí area boasts 223 m², ideal for both residential and commercial uses. Nestled in an urban environment with excellent access to services, it's a prime opportunity for those seeking flexibility in Madrid.

  • city
  • investment
  • new build

Highlights

  • Versatile layout for residential or commercial use
  • Located in prestigious Chamberí district
  • Three spacious bedrooms and three bathrooms
  • Natural gas heating for comfort
  • Proximity to amenities and public transport
  • Potential for significant renovation projects

Worth knowing

  • Requires renovation to meet modern standards
  • High initial investment cost
  • Limited parking may necessitate public transport use

Good fit for: Ideal for investors or professionals seeking a flexible space in a prime Madrid location.

Lifestyle scores

Beach
0
Walkable
80
Remote work
80
Family
70
Retirement
60
Airport access
70
Investment
85
Luxury
75
Value
50

About this place

This apartment is located in Madrid's distinguished Chamberí district, presenting a strategic opportunity for commercial projects or spacious residential living with a professional focus. With a total constructed area of 223 m² and a usable area of 185 m², it features three bedrooms and three bathrooms, facilitating various adaptations from corporate offices to open-plan residences.

The apartment is equipped with a lift and natural gas heating, enhancing daily comfort and operational efficiency during long workdays. Its layout makes the most of natural light and modularity, allowing for open or separated workspaces as needed. The surrounding urban environment is well-established, providing easy access to shops, restaurants, and services, which supports a busy flow for both clients and employees.

Located in Chamberí, the apartment benefits from a prestigious address with convenient connections to the city's major arteries and nearby public transport, enhancing mobility for teams and visitors. The 185 m² of usable space offers versatility for mixed uses, such as executive offices, customer service centres, showrooms, or high-performance coworking spaces.

The three bedrooms facilitate the creation of private meeting areas, conference rooms, or management offices, ensuring operational privacy and efficiency. With three bathrooms, there is adequate distribution for staff and clients, optimising circulation and reducing wait times. The solid construction allows for renovations and improvements without compromising functionality, while the presence of natural gas heating ensures stable climate comfort, especially in colder seasons. Overall, this apartment presents a robust foundation for projects requiring space and flexibility without sacrificing the essence of a prime location in the heart of Madrid.

What this place offers

  • elevator
  • heating

Where you’ll be

Madrid, Madrid, Spain

Exact location is confirmed by the agent on enquiry.

ES

Buying property in Spain

Full guide →

Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.

  • Spain ended its Golden Visa property route in April 2025.

  • Non-resident mortgages are widely available, typically 60–70% LTV.

  • Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax.

Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.

General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference

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