3 Bedroom Flat – Salamanca District

Barnes Spain is offering this property for sale on Calle Diego de León, in the heart of the Salamanca district, one of the most exclusive and sought-after areas of Madrid. It is a wide, quiet street where natural light floods in without neighbours opposite being able to see inside, and where parking is much more convenient than in the rest of the area.

The flat, situated on the fifth floor on the outer side of the building, has a floor area of 155 m² and has been refurbished three times over the last 20 years, most recently just three years ago, using high-quality materials and finishes: Melis pine flooring, lacquered paintwork, bespoke fitted wardrobes, wallpaper, reinforced doors and a security alarm system.

The premium-range kitchen, featuring new built-in appliances, and the three full bathrooms have been completely refurbished.

Currently, the property comprises 3 bedrooms and 3 bathrooms; the flat also offers the possibility of extending the second bedroom and the kitchen with minimal renovation, according to various layout options drawn up by an architect, designed for those who do not require a staff room.

Beyond the property itself, the building boasts distinctive features that are hard to find in the area: fully refurbished communal areas (façade, entrance hall and stairwells), a motion detector, security cameras at the entrance, a video intercom system and a resident caretaker living in the building itself. This is a block with just 14 residents (two per floor), with no internal flats, and with community regulations prohibiting offices, holiday rentals and premises used as bars.

Service charges are €300 per month, including central heating. There is also the option to purchase a residents’ parking space opposite the entrance, managed by the local council, for €18,000.

A unique opportunity to acquire a high-quality property, with potential for improvement, in one of the best-maintained and most exclusive buildings in the area.