$4,996,581

Extraordinary Investment Opportunity In The Heart Of Recoletos

  • 5 Beds
  • 2 Baths
  • 2,476 Sqft

About the Property

Extraordinary investment and customization opportunity in the heart of Recoletos.

This exclusive five-bedroom home located in the heart of Recoletos is situated on the fifth and top floor of an elegant classic building from 1891. It retains all the essence of the stately Madrid architecture and offers enormous potential to develop a high-level residential project, tailored to the most dem
Extraordinary investment and customization opportunity in the heart of Recoletos.

This exclusive five-bedroom home located in the heart of Recoletos is situated on the fifth and top floor of an elegant classic building from 1891. It retains all the essence of the stately Madrid architecture and offers enormous potential to develop a high-level residential project, tailored to the most demanding standards of comfort, design, and sophistication.

The property enjoys a magnificent southern orientation, with two pleasant balconies that flood the main rooms with natural light and offer unobstructed views—a rare privilege in the city center. Its current layout features five bedrooms and two bathrooms. The current layout allows for the creation of a new project that could accommodate 3-4 bedrooms with en-suite bathrooms.

The rooms facing three quiet inner patios receive an astonishing amount of light thanks to the height of the property and the numerous windows. As an additional value, the home includes a spacious storage room of approximately 19 m² located in the building’s attic.

Living in Recoletos means enjoying one of Madrid’s most prestigious and desired residential enclaves. Nestled in the exclusive Salamanca district, this area perfectly combines the elegance of its classic architecture with exceptional quality of life. Its quiet, tree-lined streets host some of the city’s most representative stately estates and are surrounded by international boutiques, art galleries, gourmet restaurants, and exclusive leisure spaces. Proximity to Retiro Park, Puerta de Alcalá, Plaza de la Independencia, and Paseo de Recoletos makes this location a privileged spot where nature, culture, shopping, and gastronomy coexist in perfect harmony.

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  • Property type

    Apartment

  • Year built

    1981

  • Price/sqft

    $2,018

Features

  • Fireplace
  • Elevator
  • Investment Property
  • Gas Stovetop
  • Air Conditioning
  • Balcony

Explore the Area

Recoletos, Madrid, 28001, Spain View on Google Maps
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Nancy Elizabeth Meléndez Casterot

Joined 4 years ago
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Nancy Elizabeth Meléndez Casterot
Madrid, Spain
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12
Listings
2025
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Spain Sotheby's International Realty
Spain Sotheby's International Realty
Calle Lagasca 28, 28001, Madrid, Madrid, Spain
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Offering high-end properties in the city, villas and equestrian farms on the
outskirts of the city. Madrid, the
Offering high-end properties in the city, villas and equestrian farms on the
outskirts of the city. Madrid, the capital of Spain, is located in the centre of
the Iberian Peninsula. It is a very active city, with a lively nightlife and
scores of daytime allures. It is home to famous museums such as El Prado,
Thyssen-Bornemisza and Reina Sofia, great historic architecture, shopping
boulevards and excellent cuisine. It has a great diversity of districts that
merit visiting. 
Last updated
August 18
First listed
Jul 28
Listing reference
DVWN2X
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