$1,499,403

Luxurious Apartment On Paseo De La Castellana With High Profitability

  • 3 Beds
  • 2 Baths
  • 1,723 Sqft
  • 8

About the Property

This luxurious exterior apartment on Paseo de la Castellana is a newly renovated seventh-floor unit, elegantly furnished in a privileged area of Madrid.
  Upon entering, you find a large, bright living room with several areas and access to two terraces with views of Paseo de la Castellana, the Cinco Torres, and the Sierra de Madrid.
The living room includes a pool table, armchair
This luxurious exterior apartment on Paseo de la Castellana is a newly renovated seventh-floor unit, elegantly furnished in a privileged area of Madrid.
  Upon entering, you find a large, bright living room with several areas and access to two terraces with views of Paseo de la Castellana, the Cinco Torres, and the Sierra de Madrid.
The living room includes a pool table, armchairs, a Le Corbusier sofa, a glass dining table, and a reading area with a Charles Eames chair.  The apartment has 3 bedrooms: two with double beds and one with two single beds, all with wardrobes. There is a full bathroom with a hydromassage shower and a guest bathroom. The office kitchen is fully equipped with Siemens appliances and connects to a bright, enclosed gallery that includes a clothesline, gym, and seasonal wardrobes.  The property features central heating with individual control, air conditioning, and designer ceiling fans in all three bedrooms with a summer/winter system. Double-glazed windows provide optimal thermal and acoustic insulation. The floor is made of pine wood parquet, and the main door is high security. The apartment is delivered fully equipped.  Located on Madrid’s most iconic avenue, Paseo de la Castellana runs through the city from north to south, hosting various events such as the October 12 military parade, the Vuelta Ciclista a España, and the Madrid Marathon, among many others. Within a few meters, there are supermarkets, pharmacies, cafes, and restaurants.  The new Santiago Bernabéu stadium is just 2 km away, set to host more than 370 major events annually after its remodeling in 2023. The AZCA area is nearby, and Madrid Barajas Airport is only 10 minutes away by Taxi/Uber.  There is the possibility of renting parking spaces in the surrounding area, although street parking is easy with always available spots. Carsharing vehicles are usually available just a few meters from the building. Nearby, there are two metro stations (Plaza Castilla and Begoña), as well as the central bus station of Plaza Castilla.  The area is in constant revaluation thanks to the expansions and investments being made. Demand for both short-term rentals and permanent residences will continue to rise due to the growing interest of foreigners in the area.  Note: The property is rented seasonally. It is recommended to check availability and schedule visits in advance.
  • Property type

    Apartment

  • Year built

    1800

  • Price/sqft

    $870

Features

  • Pool
  • Terrace
  • Fitness Center / Gym
  • Game Room
  • City View
  • Renovated
  • Office
  • Air Conditioning
  • Parking
Features

Lot

  • City View
  • Renovated

Indoor

  • Office
  • Air Conditioning
  • Game Room
  • Fitness Center / Gym

Outdoor

  • Terrace
  • Balcony
  • Parking
  • Pool

Explore the Area

Paseo de la Castellana, Castellana, Madrid, 28046, Spain View on Google Maps
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Olga Prishchepa

Joined 4 years ago
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Olga Prishchepa
Madrid, Spain
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19
Listings
2023
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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
November 4, 2025
First listed
May 21, 2024
Listing reference
6DHXHT
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