Unique Investment Opportunity | Luxury Building In Justicia, Madrid | €11m Or Turnkey For €15m

BARNES Madrid presents the opportunity to acquire an entire building with a gross floor area of 1,165.7 m² in the prestigious Justicia neighbourhood, right in the heart of Madrid: a luxury residential development created through the comprehensive refurbishment of a classic building dating from 1900, which retains its historic charm whilst incorporating the highest standards of quality and contemporary design.

Two purchase options:

- €11,000,000 + VAT (10%) — Building in its current condition, without refurbishment, ideal for investors or developers wishing to carry out a bespoke project.
- €15,000,000 + VAT (10%) — Building with full refurbishment completed, turnkey, with all flats finished, furnished and ready to move into.

The building comprises seven 2- and 3-bedroom flats, laid out as follows:

- Ground Floor A · 150 m² · 3 bedrooms
- 1st floor, left: B · 141 m² · 2 bedrooms
- 1st floor, right: A · 151 m² · 3 bedrooms
- 2nd floor, left: B · 141 m² · 2 bedrooms
- 2nd floor, right: A · 151 m² · 3 bedrooms
- 3rd floor, left: B · 141 m² · 2 bedrooms
- 3rd floor, right: A · 151 m² · 3 bedrooms

The refurbishment project (included in the €15M option) comprises:

- En-suite bathroom and fitted wardrobes in every flat
- Open-plan living-dining room with a fully equipped open-plan kitchen
- Aerothermal system with underfloor heating and cooling
- Advanced home automation for lighting, climate control and smart home features
- Exclusive communal areas: heated indoor swimming pool, sauna, gym and co-working space
- Lift, concierge service and designer communal areas
- Expected handover: late 2026

The refurbishment showcases the building’s original features — the façade and ornamental details — integrating them with light-filled interiors, functional layouts and high-quality materials. The communal areas have been designed as a true urban retreat where well-being and exclusivity take centre stage.

Situated in the Justicia neighbourhood, just a short walk from Salesas, Chueca and Alonso Martínez, the building enjoys a vibrant and sophisticated setting, with designer boutiques, art galleries, signature restaurants and excellent transport links. A location firmly established as a benchmark for urban luxury in Madrid.