11 Exterior Balconies – 5 Bedrooms – Partially Renovated – Centro – Palacio

BARNES presents this unique property, located in an elegant classical building in historic Madrid. Its most extraordinary feature: eleven balconies facing the street, something exceptionally rare even for this type of property, providing not only architectural character but also an abundance of natural light throughout the day.

Situated on a high floor, the apartment benefits from outstanding brightness and open views over one of the city’s most emblematic areas. The sense of space is enhanced by high ceilings, generous proportions, and a layout that reflects timeless elegance.

The main living area is arranged around a spacious corner reception room, with multiple balconies and different orientations, naturally creating distinct yet connected environments: living room, reception area, and dining room, each with its own identity. Original features such as wooden floors and period details blend seamlessly with upgrades already made in key areas.

The property offers five bedrooms, several with en-suite bathrooms, providing excellent functionality for both family living and more flexible uses. The kitchen and some bathrooms have been renovated, allowing immediate occupancy or further customization according to personal taste.

From a strategic perspective, this is a particularly attractive asset:
the possibility of subdivision and the ease of reconfiguring spaces—thanks to its layout and number of balconies—open the door to multiple scenarios, from a grand private residence to a high-yield investment opportunity.

Almost the entire property is exterior, with very few interior rooms, all of which benefit from natural light and ventilation—something uncommon in this type of building.

Overall, this is a property that combines everything highly sought after—location, light, classical architecture, volume, and versatility—enhanced by a truly rare feature: eleven balconies that make it a unique jewel in the Madrid market.