Apartment for sale, in need of renovation, on Calle del Alcalde Sainz de Baranda, Retiro, Madrid
980.000 €
Madrid, Madrid
MADRID, 28009 - Ref. EXP16770
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Rachael Armstrong
+34 711 09 18 42
rachael.armstrong@expglobalspain.com
Remarks
Fifth-floor exterior apartment with views of the boulevard’s trees, just a short walk from El Retiro Park.
A property you can tailor to your own specifications in an excellent location. This 112 m² (built area) apartment, situated on the fifth floor, features three windows facing the Alcalde Sainz de Baranda boulevard, offering views of the treetops.
It is located in a classic 1952 building that has been refurbished, featuring renovated common areas and entrance hall, as well as a modern elevator—a perfect blend of the character of a classic building and updated communal facilities.
The property is offered in its current state, requiring renovation, and presents interesting possibilities for reconfiguration. It allows for a layout featuring three double bedrooms, two bathrooms, and a spacious, light-filled living-dining area with an integrated kitchen (subject to technical feasibility).
The property includes central gas heating and has a north and west-facing orientation.
Located in an area well-served by shops, restaurants, various amenities, and public transport.
There is an option to purchase the property fully renovated—a turnkey solution—for €1,270,000, based on a specific project, a detailed list of specifications, and terms agreed upon in writing.
Request a viewing and discover the potential for yourself.
Financial information and purchase costs
Brokerage fees, payable by the buyer, amount to 3% plus VAT of the final purchase price.
In the Community of Madrid, the purchase of a resale property is generally subject to a Property Transfer Tax (ITP) of 6% of the legally applicable tax base, without prejudice to any applicable tax incentives. This tax, along with notary and land registry fees—which are the buyer's responsibility—are in addition to the figures mentioned above. The exact amounts will depend on the specific circumstances of the transaction and the applicable fee schedules.
A property you can tailor to your own specifications in an excellent location. This 112 m² (built area) apartment, situated on the fifth floor, features three windows facing the Alcalde Sainz de Baranda boulevard, offering views of the treetops.
It is located in a classic 1952 building that has been refurbished, featuring renovated common areas and entrance hall, as well as a modern elevator—a perfect blend of the character of a classic building and updated communal facilities.
The property is offered in its current state, requiring renovation, and presents interesting possibilities for reconfiguration. It allows for a layout featuring three double bedrooms, two bathrooms, and a spacious, light-filled living-dining area with an integrated kitchen (subject to technical feasibility).
The property includes central gas heating and has a north and west-facing orientation.
Located in an area well-served by shops, restaurants, various amenities, and public transport.
There is an option to purchase the property fully renovated—a turnkey solution—for €1,270,000, based on a specific project, a detailed list of specifications, and terms agreed upon in writing.
Request a viewing and discover the potential for yourself.
Financial information and purchase costs
Brokerage fees, payable by the buyer, amount to 3% plus VAT of the final purchase price.
In the Community of Madrid, the purchase of a resale property is generally subject to a Property Transfer Tax (ITP) of 6% of the legally applicable tax base, without prejudice to any applicable tax incentives. This tax, along with notary and land registry fees—which are the buyer's responsibility—are in addition to the figures mentioned above. The exact amounts will depend on the specific circumstances of the transaction and the applicable fee schedules.
