Elegant Renovation In A Classic Building In The Heart Of Ibiza 4 Balconies To The Street

Unique Real Estate presents this magnificent property located on Doctor Castelo Street, in the section near Retiro Park, within one of the most established and sought-after residential areas of the Salamanca–Retiro district. Within a building with classic Madrid architecture, it features 4 balconies facing the street with a southern orientation, which fills the social area with warm natural light throughout the day. It is distributed in a social area that includes a large living-dining room, plus an independent kitchen. In the night area, it has 4 double bedrooms, two of which are en suite, while the other two share a third full bathroom, and additionally, there is a courtesy toilet. The immediate proximity to Retiro Park constitutes a structural value element, not a temporary one, as it is one of the main green spaces in the city and a determining factor in residential demand and the preservation of the price per square meter. The environment presents a balanced combination of residential use and services, local commerce, and first-level healthcare and education offerings. The area has sustained buying demand and a limited supply of comparable products, especially in locations near Retiro, which reinforces the positioning of the asset within the prime residential market.
Connectivity is high, with access to several metro and bus lines and a direct relationship with the main urban axes, while maintaining a stable residential character.
Overall, Doctor Castelo consolidates as a location with potential and appreciation capacity, supported by the scarcity of supply, proximity to Retiro, and the historical solidity of the environment.