Exclusive classic for refurbishment in the iconic street of Las Salesas

The Justice district takes its name from the High Court of Justice, which is located next to other emblematic buildings such as the church of Santa Bárbara, the Salesas Convent, the Pachá hall, one of the few rationalist buildings in Madrid, the Palacio de Longoria (Sociedad de Autores), an icon of modernist architecture, the Palacio de Villagonzalo, and many more. The avant-garde commercial offer with fashion shops, restaurants and boutique hotels joins the intense cultural activity of its theatres and art galleries. Strolling through streets that have already become a must, such as Barquillo, Conde de Xiquena, Orellana, Fernando Sexto or Mejía Lequerica, the famous Plaza de la Villa de París, etc., is a real delight. The well-kept façades are reminiscent of a Parisian neighbourhood. This is Madrid’s trendiest neighbourhood par excellence and one of the most revitalised in recent years.

The property is west-facing and enjoys cross-lighting through its courtyards.

Excellent opportunity to acquire an asset in the double format, the most profitable, in the area with the best possibilities in terms of investment. It can be refurbished privately or by contracting the project of the property, which proposes a rapid enhancement of every corner with first class qualities.

The property contemplates an ambitious reform to redistribute spaces, with a large social area and designer kitchen plus two comfortable en-suite bedrooms, guest toilet and laundry room in a separate space. New installations, thermal and acoustic insulation, concealed air conditioning, individual heating, noble materials and a very modern look, conserving the classic attributes.

Acquiring a real estate asset of these characteristics in the area of Salesas, in Justicia, translates into assured profitability (one of the highest in the capital), and a good return on investment in the short/medium term. Especially in certain streets, the evolution is sustainable over time, they are very consolidated and demand far exceeds supply.