Corner Flat With Eight Balconies, In Need Of Renovation, In Recoletos

Situated in one of Madrid’s most exclusive areas, right in the heart of Recoletos, this magnificent corner flat presents an exceptional opportunity to create a completely bespoke home in one of the capital’s most sought-after locations.

Situated on the fifth floor, the property stands out for its extraordinary light and spaciousness, enhanced by its eight corner balconies, which offer a privileged connection with the surroundings and unobstructed views over the neighbourhood. Its 3.05-metre-high ceilings lend a distinct sense of space and elegance, in perfect harmony with the stately character of the area’s classic buildings.

The flat is just a short walk from one of Madrid’s most iconic markets and a carefully curated selection of restaurants, boutiques, art galleries and shops that define the sophistication of the renowned Golden Mile. Just a few minutes’ walk away is the Retiro Park, one of the city’s largest green spaces.

Currently comprising four en-suite bedrooms, plus a staff bedroom, the property is offered in need of refurbishment, offering the opportunity to create a fully bespoke interior design project tailored to the needs and lifestyle of its future owner.

The combination of an upper-floor layout, a corner orientation, eight balconies, high ceilings and a prime location makes this property a magnificent canvas on which to create a unique home in the heart of Madrid.

There is the option to purchase a parking space in nearby buildings, with indicative prices ranging from €60,000 to €100,000. The parking space is not included in the price.