Apartment To Renovate In Ibiza Next To Retiro

Exclusive property located on Ibiza street, in the heart of the Retiro district, one of the most sought-after areas of Madrid for its balance between urban life, tranquility, and proximity to Retiro Park, which can be reached on foot in just a few minutes. The property has 192 m², currently to be renovated, offering a magnificent opportunity to design a tailor-made home or develop a high value-added project. It features four bedrooms, four bathrooms, a parking space, and a physical doorman, characteristics highly valued in this location. The layout is spacious and versatile, with bright rooms and multiple possibilities for redistribution to create large social areas, en-suite bedrooms, or contemporary open spaces. The renovation will allow maximizing the potential of the property and adapting it to the demands of the premium market. Ibiza street stands out for its vibrant gastronomic offer, with iconic restaurants such as La Castela, Arzábal, Sa Brisa, or Florida Retiro, as well as cafes, markets, local shops, and excellent transport connections. Its proximity to hospitals, schools, and green areas enhances its residential appeal. Due to its location, size, and transformation potential, this property represents an excellent investment opportunity in one of the areas with the highest demand and projection in Madrid.