Chamberí: one of the most emblematic district of Madrid - Lucas Fox

https://www.lucasfox.com/property/spa... Welcome to Chamberi, one of the most authentic and elegant areas in Madrid. Its high standard of living makes this beautiful residential neighbourhood ideal for families and investors who would like to have a property in the heart of the capital with every amenity right on your doorstep. With a population of around 150 thousand inhabitants, this sophisticated central district housed the city’s aristocrats for the past two centuries and borders the capital’s central business district, the luxury shopping district of Salamanca and the trendy neighbourhood of Justicia. Salamanca is divided into two zones, the Almagro neighbourhood, to the east of Paseo de la Castellana, and Trafalgar bordering Malasaña and Justicia. Chamberi’s nightlife reflects that of Madrid as a whole – intimate and vibrant, boasting a tempting mix of charming terraces, bustling cocktail bars and relaxed patios. Singled out by the New York Times as one of the best addresses in the world, Calle Zurbano connects trendy Chamberi with the city’s high-rise business hub to the north. This highly desirable street offers a mix of early-20th-century revivalist buildings alongside classic 1970s examples of Spanish brick modernism. For shopping enthusiasts, there’s no shortage of opportunities - to the south, you find Fuencarral with its fashionable array of stores and, to the east, the Golden Mile in Salamanca, Madrid’s most exclusive shopping district. Hip and flourishing, Chamberi offers property investors something truly special. Prices are still significantly below the peak of 2007 and are steadily rising. Rental yields are pretty healthy too - up to 4% for renovated homes. Too good an opportunity to miss? We think so.