Elegant Apartment On Velázquez Street Salamanca District.

Engel & Völkers presents this 177 m² property, located in an elegant classic 1927 building on Velázquez Street, one of the most sought-after addresses in the Salamanca district.

Situated on the fourth floor and facing the exterior, the property offers an excellent opportunity for renovation and adaptation to modern needs while preserving the building’s stately character. The daytime area features a spacious living room with two balconies overlooking Velázquez Street, as well as a pleasant separate space ideal as a home office or additional bedroom. Thanks to its east-facing orientation, the layout is both comfortable and exceptionally bright.

The sleeping area currently comprises two bedrooms and two full bathrooms. The main bedroom includes an en-suite bathroom and walk-in closet and overlooks a quiet, well-maintained interior courtyard, ensuring privacy and tranquility. The spacious and functional kitchen includes a breakfast area, pantry, separate laundry area, and service entrance.

Additional features include central heating, ducted air conditioning, built-in wardrobes, and a private parking space under a municipal concession valid until 2044.

Built in 1927, this classic and stately building stands out for its representative entrance hall, elevator, concierge service from Monday to Saturday, and a favorable ITE (Building Technical Inspection) report.

A property with outstanding renovation potential, located in one of Madrid’s most prestigious areas, surrounded by premium shopping, fine dining, and excellent transport connections.

This splendid property is located on the elegant Velázquez Street, in the heart of the Salamanca district, within the prestigious Castellana area — one of Madrid’s most sought-after residential and commercial neighborhoods.

The area is renowned for its stately façades and refined architecture, which make Madrid one of Europe’s leading capitals in both classical and contemporary design. The Salamanca district is undoubtedly one of the city’s most exclusive and prestigious residential enclaves, as well as one of the finest in Europe.

The property enjoys a strategic location just steps from Serrano Street and Paseo de la Castellana, offering excellent connections to the rest of the city by car, metro, bus, or on foot. It is also conveniently located near the U. S. Embassy and IE Business School.

The neighborhood offers an exceptional lifestyle, with a wide selection of renowned restaurants, many with charming terraces ideal for outdoor dining, relaxing, or enjoying a coffee. Along Velázquez and nearby Serrano Street, residents can also enjoy some of Madrid’s finest luxury boutiques and designer stores.

In addition, all everyday services — including pharmacies, supermarkets, health centers, and dry cleaners — are within walking distance, making daily life especially comfortable and convenient.

This is an ideal location for those who enjoy experiencing Madrid on foot and appreciate the privilege of living in one of the city’s quietest, most elegant, and best-connected areas.

Ducted air-conditioned