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Building for renovation with great potential in Chamartín
Description
The property is set on a 523 m² plot, featuring a detached single-family building with a total built area of 534 m², according to the Land Registry.
Currently, all floors of the building are designated for residential use, although in the past it operated as a nursing home.
The building is protected under Level 2 Structural Protection, which means its original volume must be preserved, along with its most notable architectural features.
This property offers multiple possibilities, from an exclusive large-scale residential project to an investment opportunity, whether as a student residence, hotel, or special-purpose facility.
Its location and architectural characteristics make it ideal for any project that values both the preservation of its original essence and its development potential for new uses.
Layout:
The building is arranged over several floors, with a total built area of 500 m². The floor-by-floor distribution is as follows:
Ground Floor: 171 m²
First Floor: 129 m²
Second Floor: 113 m²
Annex dwelling: 71 m²
The layout of the interior spaces is flexible, allowing for a wide range of configurations according to the needs of the future owner, whether to adapt it as a single-family home, a student residence, or any other use authorised by the regulations.
Possible uses and requirements:
The permitted uses for the building include those classified under Zoning Regulation 2, with residential use as the main use. Other public or community facility uses are also compatible.
For the conversion of the building to uses such as a hotel or student residence, it is necessary to process a Special Plan for Use Compatibility, certifying the restoration of all protected elements and ensuring the preservation of the property’s typological and construction characteristics.
This combination of features makes the property an excellent opportunity both for personal use and for long-term investment projects.
Photos: area
For more detailed information, we invite you to visit our 5-star section, which you will find further down on this same page, after the images.
Details
- Reference THSSESMAD0823
- Price 4150000€
- Built area 534 sqm
- Bedrooms 10
- Bathrooms 10
- Location Chamartín, Madrid
Attributes
- Garage
- Garden
- Rehabilitate
- Terrace
5 Stars
The location of this property in Chamartín offers the best of both worlds: the tranquillity of a residential, family-friendly neighbourhood, together with excellent connectivity and first-class services. Set in one of Madrid’s most established areas, it provides a peaceful environment, ideal for a relaxed lifestyle while remaining exceptionally well connected. Surrounded by parks, prestigious schools, and local shops, it is a perfect choice for families. In addition, the property benefits from direct access to the city’s main roads and an excellent public transport network, making it easy to reach any part of Madrid. In short, this is a privileged location that combines comfort, safety, and quality of life in one of the capital’s most highly regarded residential districts.
Both the house and the entire garden enjoy natural light throughout the day, creating a warm and bright atmosphere in every room.
The property stands out for its unique character and offers exceptional potential for projects that respect its original essence, while its location in a sought-after area of Madrid adds further appeal for those looking for a space with charm and personality.
The property is in need of renovation, opening the door to countless possibilities for intervention and allowing it to be fully adapted to the needs of the future owner.
An ideal area for both private buyers and investors. For private buyers, it offers a secure investment in a quiet, family-friendly neighbourhood with excellent access and services. For investors, the property has significant potential for uses such as a student residence, senior living facility, or multiple residential units, with strong demand in the area and potential for capital appreciation.
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