Corner Property With 7 Balconies In Palacio

Engel & Völkers presents this magnificent corner property with seven balconies located in the heart of the Madrid of the Austrias. Situated in a well-preserved classical building from 1880 in the stately Palacio neighborhood, the property has been completely renovated, respecting its essence and history.

Crossing the threshold, the public area is organized around the kitchen which, although independent, is visually connected to the first of the two living rooms of the property to receive light from its two large balconies with privileged views. Fully equipped and furnished, it has a practical daily dining area. The daytime area is completed with a second living room, visually open to the first, which has two more balconies, in this case, on the corner.

The private area includes three bedrooms, all with balconies featuring divided panes and shutters, facing one of the quiet streets of the Madrid of the Austrias. Noteworthy are the dimensions of the master bedroom, which has a large walk-in closet with floor-to-ceiling storage capacity and a spacious en-suite bathroom, with a comfortable independent shower area and natural light. A second bathroom completes this area. The property features ducted air conditioning, underfloor heating, and a storage room on the roof.

A tremendously attractive property for both investors and those who wish to live in the historic center of Madrid, just a few minutes’ walk from some main points of interest in the capital, yet close to green and open areas.

The property is located just a few meters from Plaza de la Villa and close to Almudena Cathedral and the Royal Palace of Madrid, on one of the oldest streets in the city. In addition to being surrounded by stately buildings, the surrounding area has plenty of green spaces and areas with unobstructed views, which adds to its appeal.

Its excellent location has several bus lines, as well as numerous taxi ranks. The neighborhood has a wide range of shops, predominantly traditional establishments that still retain the essence of their past, and there are also a number of hotels, with luxury hotels coexisting alongside others for more modest budgets.

The gastronomic offer follows the same trend, with more traditional establishments alongside those offering a more international profile. A pleasant stroll will allow you to enjoy some of the city’s main cultural attractions, such as the aforementioned Almudena Cathedral and the Royal Palace, the museums of the Royal Collections Gallery, and the history of squares such as Plaza de la Villa, Plaza de Oriente, and Plaza de Ramales. In short, an unbeatable location for enjoying historic Madrid.

Built-in cupboards, Built-in kitchen, Seperate sanitary facilities, Appliances, Built-in wardrobe, Fixed furniture, Study, Ducted air-conditioned