New
Bright, empty office space with white walls, light wood-look flooring, recessed ceiling lights, and a glass-walled room. [AI-generated text]

Ground-floor apartment to renovate, with great potential, next to Retiro Park

€690,000
  • 3 Rooms
  • 3 Bedrooms
  • 2 Bathrooms
  • ~172 m² Total surface
  • ~129 m² Living area

Description

A rare property on the market that combines architectural spaciousness, immediate functionality, and strong appreciation potential. It is currently fitted out as an open-plan workspace, allowing for a seamless transition to a bespoke residential project with up to four bedrooms, or its use as a professional studio or hybrid live-work space.

Its current layout makes it easy to remove or install partitions without the complications of a traditionally compartmentalized home, providing the perfect foundation for creating an open-plan residence with avant-garde design.

Features
Air-conditioningElevator
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Engel & Völkers Madrid MMC

Your advisor: Marisa Almonacid

Property ID: W-04BSQ3

Property details
  • Object type

    Flat

  • Rooms

    3

  • Bedrooms

    3

  • Bathrooms

    2

  • Total surface

    ~172 m²

  • Living area

    ~129 m²

Energy efficiency information
  • Energy certificate available

    In progress

  • Type of heating

    Radiator

  • Energy source

    Central heating

Location: Retiro, Madrid

Located in the distinguished Ibiza neighborhood, in the heart of Madrid, this residence offers an exceptional lifestyle for those who value urban elegance, culture, and maximum comfort. The surroundings combine tree-lined streets, stately architecture, and a select range of dining and shopping options.

Just steps away lies El Retiro Park, with its gardens, pond, and Crystal Palace, ideal for walks and outdoor activities. The Prado Museum and the historic center are approximately 15 minutes away by bicycle or 20 minutes by public transportation. Atocha Station can be reached in about 10 minutes by taxi, while Adolfo Suárez Madrid–Barajas Airport is approximately 20 minutes away by car.

The area enjoys excellent connections by metro and bus, as well as medical services, schools, boutiques, and prestigious restaurants. Living here means enjoying the most refined essence of Madrid: a privileged enclave where tranquility, culture, and sophistication converge.

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