Renovated exterior apartment with 3 balconies on Barquillo Street

Engel & Völkers is marketing this property. In the Justicia neighborhood, the supply of classic 1925 properties renovated to this standard is virtually nonexistent. What you see in the images are not renders or future promises; they are the exact reality of the property, ready to move into today or begin generating returns tomorrow.

We are talking about 117 sq m as recorded in the Land Registry, with every centimeter maximized. Ceilings 3.10 meters high multiply the sense of space, and three street-facing balconies (two in the living room and one in the secondary bedroom) guarantee natural light in one of the capital’s densest and most sought-after areas.

The layout is straightforward, with no useless hallways:

Two bedrooms. The primary bedroom has a dressing room and en-suite bathroom.

Two full bathrooms.

Open-plan kitchen with a central island, equipped for immediate use and integrated into a living room designed for entertaining.

Ducted climate control and individual gas heating.

FINANCIAL INFORMATION AND PRIVACY CONSIDERATIONS:

Price: €1,800,000.

The fixed costs of this property are strictly controlled: annual property tax (IBI) is €970, and the community fee is a modest €150 per month.

Why is this fee so low? The building has no live-in doorman. This guarantees complete privacy when coming and going, without prying eyes or explanations.

Additionally, the elevator reaches the mezzanine level, requiring you to descend 8 steps to the apartment door. An architectural trade-off that acts as the perfect filter to keep building traffic away from your door, ensuring silence and tranquility in the heart of Madrid (4 minutes from the Convent of the Royal Salesas).

Next step: Get in touch if you understand the scarcity of an asset with these characteristics, renovated and ready for handover in the prime Justicia area.