Penthouse Project For Renovation In Goya

This penthouse is sold completely stripped/demolished, with architectural projects already prepared and ready to start renovation, with estimated renovation costs starting from €150,000. The property offers approximately 100 sqm of interior space and stands out for its east-facing terrace, which enjoys morning sunlight and provides a rare private outdoor area in the neighborhood. Its classic layout and high ceilings allow for the creation of an exclusive and highly luminous residence tailored to the most demanding standards.
Community fees, which include water and heating, range between €150 and €250, contributing to efficient asset management.

Strong residential and short-term rental demand in the area, together with the district’s sustained growth, ensures excellent returns and solid mid- to long-term appreciation. This property represents a unique opportunity both for buyers wishing to create a bespoke home and for investors prioritizing security and capital growth in Madrid.

About the Location
Located on a quiet street in the prestigious Salamanca district, this prime property offers privacy and security in one of Madrid’s most exclusive and sought-after areas. Its consolidated residential setting ensures stability, while proximity to supermarkets, schools, medical centers, and public transport makes everyday life easy and provides excellent connections throughout the city. Close access to the Golden Mile, El Retiro Park, and a wide range of shopping and dining options further enhances its appeal.