Spacious Home To Renovate Near Retiro Park, With Garage And Storage Room

Discover this excellent opportunity in the sought-after Ibiza neighborhood, just 1 minute from Retiro Park. This is an interior home with 142 m² built area, located in a well-maintained building with elevator, on-site doorman, and a parking space and storage room included within the building.

The apartment, on the first floor with west-facing orientation, overlooks a large interior courtyard, providing good natural light and tranquility. The property offers great renovation potential thanks to its layout and spaciousness. It currently has 3 bedrooms and 2 bathrooms, ideal for creating a modern, functional home in one of Madrid’s most in-demand areas.

The property has central heating, a parking space and a storage room—an especially valuable feature in the area. The building is in very good condition and has a favorable ITE (Building Technical Inspection).

A perfect option both for those looking to design a custom home next to El Retiro and for investors seeking a prime location with high demand and strong potential for appreciation.

Located in the Retiro district, the Ibiza neighborhood stands out as a quiet, comfortable residential area with excellent transport links. Its prime location, next to the exclusive Salamanca neighborhood and just minutes from iconic places such as Goya Street, Felipe II Square, the Puerta de Alcalá, or the Prado Museum, makes it one of the most attractive areas to live in Madrid.

The neighborhood combines the elegance of its residential buildings with extensive green spaces. Just a few steps away is El Retiro Park, the city’s most emblematic green lung, ideal for those who enjoy outdoor sports, relaxing walks, or simply switching off from the urban pace.

Ibiza offers a complete service infrastructure: local shops, traditional bars, restaurants, cafés, supermarkets, educational centers, sports facilities, and health centers. In addition, the Gregorio Marañón University Hospital is located in the neighborhood, a leading institution that enhances the area’s appeal for residents and potential investors.

El Buen Retiro Park, a historic and natural symbol of Madrid, adds unique value. Its origins date back to the time of the Catholic Monarchs and, to this day, it remains one of the capital’s most representative and most visited places.

As for transport, Ibiza is perfectly connected via several metro stations —Ibiza, Sainz de Baranda, Goya, Retiro, and Príncipe de Vergara— as well as numerous bus lines and quick access to the M-30, making it easy to get anywhere in the city.

Appliances, Doorman