Income-Generating Apartment in the Heart of Madrid – General Lacy Street

€260,000

Delicias, Atocha, Madrid, MADRID, Madrid, MADRID

Apartment for sale in Madrid, Delicias, Atocha, Madrid, MADRID, 39 m²

Delicias, Atocha, Madrid, MADRID, Madrid, MADRID

€260,000

1Bed
1Bath
39
Type: Apartment

Description

Excellent investment opportunity in one of Madrid's most promising areas. This 39 m² built apartment, fully renovated in 2022, in a building with elevator, presents itself as an ideal option for both investors seeking immediate returns and those looking for their first home in a strategic location. The property is currently rented since its renovation, with a solvent and verifiable tenant, guaranteeing stability and income continuity from day one. The property has been updated with modern and functional design, optimizing every space. Additionally, it has a favorable Technical Building Inspection (ITE), providing structural peace of mind, and very low expenses in property tax (IBI) and community fees, maximizing investment returns. Located on General Lacy Street, in the heart of the Arganzuela district, you will enjoy a consolidated and constantly growing area. Just minutes from Atocha, the apartment is perfectly connected by public transport: metro, local trains, and multiple bus lines, facilitating access to any point in the city. The area offers a wide variety of services: local shops, supermarkets, educational centers, green spaces, and excellent leisure and dining options. Its proximity to Madrid Río and the city center makes it a highly sought-after location for both living and renting. Madrid is currently positioned as one of Europe's most attractive real estate markets for investors, combining legal security, high rental demand, and solid growth prospects. Investing in Madrid means betting on a city with a dynamic economy, significant international influx, and constant demand for residential rental as well as short and medium-term stays. Well-connected, consolidated areas, especially within the central zone, offer opportunities with stable returns and medium to long-term appreciation potential. The tenant profile in Madrid is increasingly solvent and diversified: professionals, international students, and expatriates, which reduces vacancy risk and favors long-term contracts. Moreover, investment in medium-sized or compact assets (such as studios and one-bedroom apartments) has become one of the most efficient strategies, both for accessibility and high turnover and demand. To this we add key factors such as: * Excellent public transport network connecting the entire city and its metropolitan area. * Wide range of cultural, gastronomic, and leisure offerings that increase location attractiveness. * Regulatory stability compared to other European markets. * Competitive maintenance costs and taxation in certain segments. In this context, acquiring an already rented property with a good tenant profile and optimized expenses allows you to generate income from day one and minimize operational management. Madrid is not just a city to live in, but a strategic opportunity to build real estate assets with a solid foundation and growth perspectives. +34 623513324

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