The luxury of the classic

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 orientation of the property is west on the façade, and it has crossed luminosity through its courtyards.

Magnificent opportunity to acquire two registered units that can be physically joined or reformed independently. There is the possibility of contracting the property’s project or tackling the refurbishment individually. A whole range of very rare possibilities, in one of the iconic streets of the Las Salesas neighbourhood.

The owners propose an ambitious reform project that can be customised, price apart. It contemplates a redistribution of spaces, to physically unite the two registered units. New installations, thermal and acoustic insulation, concealed air conditioning, individual heating, lighting designed in detail, noble materials and a modern aesthetic, enhancing the attributes of this type of property.

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.