1,894 Sq Ft Residence To Renovate At Serrano 84 With Terrace, Parking And A Design Project

At number 84 Calle Serrano, on the corner of Padilla, stands a stately building with a protected facade, a concierge and an elevator, at one of the most recognizable addresses in the Castellana neighborhood. On its fifth floor is this 1,894 sq ft (176 m²) west-facing residence with street views (1,722 sq ft / 160 m² of living space), featuring ceilings over 10.8 ft (3.30 m) high, a bay window, balconies and a terrace running along the Serrano facade with open views.

The home is delivered as an open shell, ready to be transformed. It is a rare opportunity to design a home from scratch on the Serrano axis and tailor it entirely to your lifestyle: the large windows, the ceiling height and the absence of partition walls allow a layout free from the constraints of a conventional renovation.

As a starting point, the property comes with a customizable transformation project, which includes the renderings accompanying this listing. The proposal creates a spacious living and dining room open to the Serrano facade and the terrace, with wood paneling and molded ceilings with indirect lighting; a separate kitchen with a laundry room and pantry area; a welcoming entrance hall; and three en-suite bedrooms. The primary bedroom features a large bathroom and a dressing area, the second bedroom has its own full bathroom and the third, with its own vestibule, also has a bathroom. The proposed finishes combine natural wood, green-veined stone, sand-toned porcelain and carefully designed lighting in every room. The renovation is estimated at between €298,000 and €374,000 plus VAT, depending on the level of finishes chosen.

The property also includes a parking space and a storage room in the building.

Castellana is one of the most exclusive neighborhoods in the Salamanca district. Within walking distance are the luxury boutiques of the Golden Mile on Serrano and Ortega y Gasset, the ABC Serrano shopping center, the Lázaro Galdiano Museum and the Paseo de la Castellana, with some of Madrid’s finest restaurants and hotels just minutes away. The Núñez de Balboa (lines 5 and 9), Rubén Darío (line 5) and Serrano (line 4) metro stations are very close, and the airport is about 20 minutes by car.

A home at a first-class address, with the freedom to turn it into exactly the home you are looking for. 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 €1,700 – €2,800 for the notary and €1,400 – €2,200 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.