description

A strategic location just minutes from Retiro Park! For sale: a covered parking space located on Calle de Menorca, in the heart of the Ibiza neighbourhood, within the Retiro district, in a prime location between Narváez and Menéndez Pelayo streets and just a few minutes from Retiro Park. Ideal for both personal use and investment, in a densely populated residential area where having your own parking space is a significant advantage. The parking space is located on level -1 of the building, close to the garage entrance and exit, providing convenient and easy access. It is suitable for a medium-sized or large car. For reference, the space has been used for several years with a 2023 Ford Kuga, making it suitable for SUV-type vehicles as well. Main features: - Suitable for a medium-sized or large car - Dimensions: 4.30m long x 2.30m wide - Located on level -1 - Covered parking space - Automatic garage door - Easy access and convenient manoeuvring - Close to the garage entrance/exit - Community fees (including IBI/property tax, paid collectively by the homeowners’ association): €186.47 every 6 months - Excellent transport links: the area is served by several nearby metro stations, including Ibiza (Line 9), Goya (Lines 2 and 4) and Sainz de Baranda (Lines 6 and 9), as well as numerous EMT bus routes and good connections to Madrid’s main thoroughfares. An excellent opportunity for residents, property owners or investors looking for the convenience of owning a private parking space in one of Madrid’s most sought-after areas, where finding on-street parking can be difficult. Sale price: €55,000 For further information or to arrange a viewing and personally check the access and dimensions of the parking space with your vehicle, please do not hesitate to contact us. Legal information: In compliance with Article 20 of the General Law for the Protection of Consumers and Users (as amended by Law 10/2025), please be informed that the SALE PRICE AT WHICH THE PROPERTY IS OFFERED is €55,000. This price does not include the following costs and taxes associated with the purchase, which, as a general rule, are payable by the buyer: (I) TAXES: Property Transfer Tax (ITP). The tax rate currently in force in the Community of Madrid will apply. It is currently 6%, without prejudice to any applicable reductions or tax allowances. For more detailed information on this matter, please contact us or consult the official website of the Tax Agency of the Community of Madrid. (II) COSTS: The purchase is subject to notary and Land Registry fees, which are regulated by official tariffs, as well as any contracted administrative or management fees. (III) Real estate agency fees: We do not charge the buyer any commission. Should professional fees payable by the buyer be agreed upon, the corresponding document will be signed.