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Apartment & condo for sale in Madrid

USD 8,157,277

Apartment & Condo (For sale)

3 bd
3 ba
2,648 sqft
Reference: WUPO-T33074 / mad67162
Lucas Fox presents this penthouse apartment to renovate sale in one of the most exclusive locations in the Recoletos neighbourhood , in the centre of Madrid. The apartment boasts 220 m² of living space and a private terrace of 26 m², a rare feature in this area, allowing residents to enjoy an exterior living space. The property is notable for its 3.5-meter-high ceilings throughout most of the space, creating a feeling of spaciousness. In the turret area, a unique feature, the ceilings reach 4.5 meters, making it a distinctive architectural element, ideal as a large living room, study, or social area. The property is currently being offered to renovate, allowing the buyer to design a completely customized project. The floor plan presented here is a proposed renovation designed to optimize the spaces, improve the layout , and maximize natural light, as well as the connection between the interior areas and the terrace. Therefore, it is a particularly attractive option both for those seeking a high-end primary residence and for investors who appreciate its significant potential for appreciation. The property boasts an unbeatable location, surrounded by stately buildings, luxury boutiques, and iconic restaurants, and just minutes from Retiro Park, in one of the city's most prestigious areas . It has great potential to become a luxury property in Recoletos. In compliance with the information obligations provided for in Law 10/2025 on Customer Amenities and Transparency, it is stated that notary and registration expenses, as well as the property transfer tax (ITP) of the autonomous community where the property is located, are not included in the price. View more View less Lucas Fox presenta este ático a reformar en venta en una de las ubicaciones más exclusivas del barrio de Recoletos, en el centro de Madrid. El piso cuenta con una superficie de 220 m² y una terraza privada de 26 m², un valor añadido muy poco habitual en esta zona, que permite disfrutar de un espacio exterior. La vivienda destaca por sus techos de 3,5 metros de altura en la mayor parte de la superficie, lo que aporta una sensación de amplitud. En la zona del torreón, un espacio singular, la altura de los techos alcanza los 4,5 metros, por lo que se trata de un elemento arquitectónico diferencial, ideal como gran salón, estudio o zona social. Actualmente la vivienda se presenta a reformar, por lo que el comprador podrá diseñar un proyecto completamente a medida. El plano que se presenta corresponde a una propuesta de reforma pensada para optimizar los espacios, mejorar la distribución y potenciar al máximo la entrada de luz natural, así como la conexión entre las zonas interiores y la terraza. Por ello, se trata de una opción especialmente atractiva tanto para quienes buscan una residencia principal de alto nivel como para inversores que valoren su gran potencial de revalorización. La vivienda se encuentra en una ubicación inmejorable, rodeada de edificios señoriales, boutiques de lujo, restaurantes emblemáticos y a escasos minutos del parque del Retirom, en una de las zonas más prestigiosas de la ciudad. Se trata de una propiedad con un gran potencial para convertirse en una vivienda de lujo en Recoletos. En cumplimiento de las obligaciones de información previstas en la Ley 10/2025 de Servicios de Atención a la Clientela y Transparencia, se hace constar que los gastos de notaría y registro, así como el impuesto de transmisiones patrimoniales (ITP) de la comunidad autónoma donde se ubica el inmueble, no están incluidos en el precio. Lucas Fox presents this penthouse apartment to renovate sale in one of the most exclusive locations in the Recoletos neighbourhood , in the centre of Madrid. The apartment boasts 220 m² of living space and a private terrace of 26 m², a rare feature in this area, allowing residents to enjoy an exterior living space. The property is notable for its 3.5-meter-high ceilings throughout most of the space, creating a feeling of spaciousness. In the turret area, a unique feature, the ceilings reach 4.5 meters, making it a distinctive architectural element, ideal as a large living room, study, or social area. The property is currently being offered to renovate, allowing the buyer to design a completely customized project. The floor plan presented here is a proposed renovation designed to optimize the spaces, improve the layout , and maximize natural light, as well as the connection between the interior areas and the terrace. Therefore, it is a particularly attractive option both for those seeking a high-end primary residence and for investors who appreciate its significant potential for appreciation. The property boasts an unbeatable location, surrounded by stately buildings, luxury boutiques, and iconic restaurants, and just minutes from Retiro Park, in one of the city's most prestigious areas . It has great potential to become a luxury property in Recoletos. In compliance with the information obligations provided for in Law 10/2025 on Customer Amenities and Transparency, it is stated that notary and registration expenses, as well as the property transfer tax (ITP) of the autonomous community where the property is located, are not included in the price.
Reference: WUPO-T33074
Country: ES
Region: Madrid
City: Madrid
Postal code: 28001
Category: Residential
Listing type: For sale
Property type: Apartment & Condo
Property subtype: Penthouse
Property size: 2,648 sqft
Bedrooms: 3
Bathrooms: 3
Furnished: Yes
Equipped kitchen: Yes
Elevator: Yes
Caretaker: Yes
Air-conditioning: Yes
Fireplace: Yes
Terrace: Yes
High ceilings: Yes

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SALE PRICE PER SQFT IN MADRID

Average sale price per sqft
Oct 2023
3 months
1 year
House
-
-
-
Apartment
USD 729
+0.2%
+7.7%

AVERAGE HOME VALUES IN MADRID

REAL ESTATE PRICE PER SQFT IN NEARBY CITIES

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