Property in a Classic Building with 3 Balconies in Palacio

Engel & Völkers presents this magnificent property featuring three balconies in the heart of Habsburg Madrid. Set in a beautifully preserved classic 1880 building in the stately Palacio neighborhood, the property offers a layout that will allow the future owner to tailor it to their own taste and needs.

Upon entering, the main living area is divided into two distinct spaces: the first, currently used as a dining room, seamlessly connects to a spacious living room. Here, two large, southeast-facing balconies flood the space with natural light and warmth. The sense of volume is further enhanced by soaring ceilings of over 3 meters.

The private quarters currently feature two bedrooms. The exterior bedroom, sharing the same orientation as the living room, includes an en-suite bathroom. The second bedroom, similar in size, is located in the quietest area of the home and is served by a second full bathroom. Adjacent to the dining room is the independent kitchen. The property retains unique original architectural feature, such as Melis pine flooring in select rooms, a beautiful fireplace in the living room, and decorative ceiling molding, complemented by split air conditioning and floor-to-ceiling built-in wardrobes in both bedrooms.

In short, this is a tremendously attractive property for both investors and end-users looking to live in Madrid’s historic center, just a short walk from the capital's main attractions while remaining close to green, open spaces.