1.001 Quadratfuß Große, Nach Süden Ausgerichtete Residenz Zur Renovierung In Almagro Mit 9,8 Fuß Hohen Decken Und Einem Designprojekt

On Calle García de Paredes, in the heart of the Almagro neighborhood, stands a 1950 building with an elevator and a concierge. On its sixth floor is this 1,001 sq ft (93 m²) residence (926 sq ft / 86 m² of living space), facing south onto a large interior courtyard, which brings in direct sunlight for much of the day and a sense of calm that is hard to find in central Madrid, away from street noise.

The home is delivered as an open shell, ready to be transformed. Its 9.8 ft (3 m) ceilings, the row of windows and the absence of partition walls allow a fully customized layout tailored to your lifestyle.

As a starting point, the property comes with a customizable transformation project, which includes the renderings accompanying this listing. The proposal creates a continuous living area with a living room, dining room and open kitchen with an island, in warm tones of wood and light stone; a primary bedroom with an en-suite bathroom and double basins; two further double bedrooms, each with built-in wardrobes; a second full bathroom; and a separate laundry area. The renovation is estimated at between €170,000 and €301,000 plus VAT, depending on the level of finishes chosen.

Almagro is one of Madrid’s most elegant and stately neighborhoods. A few minutes’ walk away are the Sorolla Museum, the Paseo de la Castellana and the Paseo del General Martínez Campos, as well as the restaurants and shops of Calle Zurbano, Fortuny and Almagro. The Gregorio Marañón (lines 7 and 10), Rubén Darío (line 5) and Iglesia (line 1) metro stations are very close, and the airport is about 20 minutes by car.

A bright, quiet home with the freedom to turn it into exactly the home you are looking for, in one of Madrid’s finest areas. Contact us to arrange a private viewing and learn about the project in detail.

The interior design images are illustrative renderings of the proposed transformation project; the current condition of the property is shown in the photographs.

Energy certificate: in process.

Legal information (Art. 20.1 of the Spanish Consumer Protection Act, TRLDCU): The property price will be increased by the following amounts payable by the buyer:

• Taxes: Property Transfer Tax (ITP) of 6% on the higher of the sale price or the official cadastral reference value.

• Notary and Land Registry fees: estimated cost of €1,300 – €2,000 for the notary and €1,100 – €1,700 for the Land Registry (minimum legal information, not a binding quote).

• Financing: if bank financing is required, any additional costs must be agreed with the lender.

• Note: to calculate the final price, please contact us and we will issue a personalized offer based on your circumstances.