Madrid Apartment

In the Palacio area, right in the heart of Madrid Centro, we find this spacious exterior property of 129 m² built area, very bright, with four balconies facing the street, a circular layout, and multiple renovation possibilities.

The property retains the spaciousness and character of traditional central Madrid homes, featuring generous rooms and a layout that allows for comfortable movement throughout the house and easy adaptation to different lifestyles.

It currently offers three bedrooms, a living room, a sitting room, two large bathrooms, and a spacious independent kitchen. The sitting room currently functions as an independent space and offers, thanks to its size and location, various possibilities within a renovation project: it can be kept as a separate room, repurposed for another use, or integrated with the living room to expand the daytime living area.

The four street-facing balconies are one of the home’s greatest attractions. Along with its exterior position, they provide abundant natural light and lend the home a distinctive personality, as well as allowing one to take in the neighborhood atmosphere from inside.

The independent, generously sized kitchen has access to a utility/drying terrace, a highly practical space for everyday living. The property also features a small pantry, adding functionality to the layout.

The home requires renovation, offering the opportunity to leverage its 129 m² to create a modern, spacious residence fully tailored to the needs of its future resident.

Its circular layout, generous spaces, four balconies, and varied rooms allow for diverse design concepts to maximize the property’s value, whether by preserving parts of its current layout or opting for a more open and contemporary design.

The property is located in Palacio, one of central Madrid’s most characterful neighborhoods, surrounded by history, architecture, gastronomy, shops, and a rich cultural and leisure scene.

Just a few minutes’ walk away are the Royal Palace, Plaza de Oriente, Ópera, Madrid de los Austrias, and La Latina, offering the best of city-center living alongside excellent transport connections to the rest of Madrid.

129 m², four balconies, utility terrace, abundant light, and all the potential of a home ready to renovate and turn into a unique project in the heart of Madrid. What project would you create here?
 

Nº AICAT: 8446