New

Renovated property in a classic building, ideal for investment.

€1,590,000
  • 2 Rooms
  • 2 Bedrooms
  • 2 Bathrooms
  • ~106 m² Total surface
  • ~106 m² Living area

Description

In the very heart of the Salamanca district, in the prestigious Recoletos neighborhood, Engel & Völkers presents this exceptional, fully refurbished, brand-new property, located in an elegant classic 1920 building with concierge service. A unique home that combines the charm of Madrid’s stately architecture with contemporary design and high-end finishes. The property has 106 m² built area and stands out for a particularly functional layout, ideal for investment. The spacious main living room, connected to a sophisticated, fully equipped open-plan kitchen, creates a great sense of space and light, becoming the true social hub of the home. The entire property is delivered fully furnished, ready to move into or to begin immediate rental operation. One of the most valued aspects of the property is its smart floor plan. The two bedrooms are completely separated from each other, providing privacy and independence—an especially sought-after feature both for long-term residential rentals and high-end temporary stays. Both bedrooms enjoy excellent natural light: one faces a large interior courtyard and the other a generous lightwell, ensuring peace and brightness throughout the day. The renovation has been carried out with special attention to detail, incorporating premium materials, quality joinery, carefully designed lighting, and an elegant, timeless aesthetic. Each space has been designed to offer maximum comfort, functionality, and a sophisticated residential experience in one of Madrid’s most in-demand areas. In addition, the property has two independent cadastral references, an added value of particular interest from an asset and investment standpoint. This singularity provides greater versatility to the asset and enhances its appeal for buyers seeking profitability and security in a prime location. Located on one of the most coveted streets in Recoletos, surrounded by luxury boutiques, gastronomy, green areas, and excellent connections, this home represents an exceptional opportunity for national and international investors wishing to acquire an exclusive asset with strong profitability potential and high demand in Madrid’s premium market.
Features
Air-conditioningBuilt-in kitchenElevatorBuilt in wardrobeGuest toiletFurnishedSenior orientedWheelchair accessible
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Engel & Völkers Madrid MMC

Your advisor: Luz Tobón

Property ID: W-049X9D

Property details
  • Object type

    Flat

  • Rooms

    2

  • Bedrooms

    2

  • Bathrooms

    2

  • Floor

    3

  • Total surface

    ~106 m²

  • Living area

    ~106 m²

  • Usable surface

    ~93 m²

  • Building restrictions

    None

Energy efficiency information
  • Construction year

    1920

  • Energy efficiency class

    G

  • Energy certificate available

    Yes

  • Energy certificate type

    Consumption certificate

  • Type of heating

    Radiator

  • Energy source

    Central heating

Location: Salamanca, Madrid

The Salamanca district is undoubtedly one of the most elegant and prestigious residential areas in Madrid and in Europe. This apartment is located in the Recoletos neighborhood, the most exclusive area of the Salamanca district. It is one of Madrid’s most in-demand neighborhoods. It is a residential area surrounded by mansions, embassies, and the best restaurants in Madrid. It is next to the premier luxury-restaurant area on Jorge Juan Street, reached with just a few minutes’ walk, and also very close to the luxury shopping area on Serrano Street. This district owes its name to Don José de Salamanca y Mayol, Marquis of Salamanca. This distinguished architect was the one who planned the spaces, conceiving the Salamanca district as a network of beautiful parallel and perpendicular streets where the bourgeoisie of the time settled. Today, it is a residential area in high demand among political and financial elites and executives of national and international companies.

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