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Madrid - City Center - Universidad - San Bernardo - Renovated apartment in protected building exempt from property tax with 2 suites and strong investment potential
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BARNES Madrid presents this unique 128 m² residence located in a protected building, exempt from property tax (IBI) and with very low community fees. Perfectly positioned facing the Ruiz Jiménez fountain, between the Almagro and Malasaña neighborhoods ? an area undergoing transformation with strong potential for future appreciation ? this is an exceptional investment opportunity in the heart of Madrid. Located on a first floor with the height of a second, this property combines the charm of a historic building with a comprehensive contemporary renovation featuring high-end materials and meticulous attention to detail. From the entrance, space and natural light take center stage. The living-dining room, warm and elegant, opens to the street through two balconies, one of them enclosed in glass, creating a cozy viewing space with leafy views ? a rare sense of calm and privacy in central Madrid. The open-plan kitchen with a central island blends functionality and design. From Línea 3, it is fully equipped with Bosch integrated appliances and generous storage space, ideal for those who appreciate design and practicality. A guest toilet and an independent laundry area complete the social area. The night area offers two bedroom suites, both with large windows, custom wardrobes, and en-suite bathrooms with spacious showers, bespoke vanities, premium fittings, and Porcelanosa finishes. The renovation has preserved the property's original character while enhancing it with modern details: Porcelanosa large-format floors in common areas and natural wood in bedrooms, designer radiators, ducted air conditioning with room-by-room control, and individual gas heating. The interior doors, newly installed and of contemporary floor-to-ceiling design, add a modern aesthetic consistent with the property's style. The exterior windows and doors leading to the balconies are made of wood with Climalit double glazing, preserving the architectural integrity and original facade design, while the remaining frames are aluminum with Climalit double glazing, ensuring excellent thermal and acoustic insulation without sacrificing elegance or harmony. The Nordic-inspired décor enhances light and balance, creating a warm and serene atmosphere. This historic building, recognized as a heritage property, is exempt from property tax (IBI) and enjoys low community expenses, making it an ideal option both for living and investment. Located in San Bernardo, near the Ruiz Jiménez roundabout, between Almagro and Malasaña, this property benefits from a prime location, surrounded by culture, gastronomy, and leisure, with excellent public transport ? San Bernardo metro just steps away ? and quick access to the city's main arteries. A unique property that unites heritage, design, and investment value in one of Madrid's most authentic locations. We invite you to visit it, as well as to explore our BARNES Madrid website to discover our curated selection of unique and exclusive properties.
Need some decoration or renovation advice?
BARNES Interiors is a specialist in architectural and renovation work, and will assist you from A to Z in all your projects, in strict compliance with your specifications and budget. Whether it's a single room or an entire interior, our experts are committed to meeting your requirements at every stage of your project.
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