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Why live or invest in Malasaña?

Nestled between the streets Gran Vía, Fuencarral, Carranza and Argüelles, we find one of the most important neighbourhoods in the centre of Madrid, the Malasaña district, also known as the Maravillas neighbourhood. Manuela Malasaña was a young seamstress killed by Napoleon's troops in the uprising of May 2nd, 1808, when she fighting with the French to defend the city. To commemorate Manuela, this district in Madrid was named after. 

Malasaña has a rich architecture and is considered as an architectural heritage of the city. Strolling through the Malasaña neighbourhood allows us to enjoy a place where the past and present come together. 

If you have never lived in Malasaña, you will not know much about this neighbourhood. But Malasaña is a district where locals greet each other in the street and share many activities together. There are portals where you can even have your WhatsApp group to order the salt or pick up your last Amazon order if you're not at home (true story). 

Most of the district was built in the seventeenth and eighteenth centuries, so it is very likely that the houses you find there are more than 100 years old. This has many advantages, such as the good soundproofing of most old walls (you may hear little or no noise from the neighbours) and the charm of living in a place with history in any of its corners. 

In recent years, Malasaña has gone through a complete transformation that has triggered the interest of investors for properties. Many savers have seen flats in this symbolic district go up in value and they have been able to become the owners of these properties. 

The district also offers homes that are built in unique designs. As an attractive feature, we can highlight the exposed wooden beams and the high ceilings of these character properties, which make their interior design acquire a unique and attractive style. 

At the same time, we can find larger-size homes thanks to their open spaces, in which the living room and the kitchen are integrated. 

Let us not forget the "Balconies", which are undoubtedly one of the great features of this neighbourhood along with its orange buildings.

In this neighbourhood, it is easy to find a home for the whole family to enjoy since it offers many amenities, such as nurseries, schools, universities, medical centres, supermarkets and a wide range of cultural, gastronomic and leisure offers. Keep in mind that we are in an area that combines Madrid's most classic buildings with the new ones. 

Given the location of this district, we can enjoy a large public transport network and of course private services. 

Madrid - Malasaña.jpg

LIST OF STREETS TO VISIT ON THE WAY TO MALASAÑA DISTRICT: 


MANUELA MALASAÑA STREET

This is a very popular and famous street because it is home to some important establishments, such as the Maravillas Theatre and the Casa Maravillas brewery. 

CORREDERA DE SAN PABLO (LOWER AND HIGHER PARTS)

This is one of the longest roads in the neighbourhood. It is a great meeting point for the young and the perfect place to enjoy a drink. 

ESPIRITU SANTO

In the heart of Malasaña, this busy street is full of stylish cafes and shops for those with a sweet tooth. 

PEZ STREET

"Whoever shops in Pez Street, knows the fish very well," this is an advertising claim for the businesses in that street. It also has its own popular festivals. 


PLAZA DEL DOS DE MAYO

If in the Letras neighbourhood we find Santa Ana Plaza, then in Malasaña we can find Dos de Mayo, the heart of the area and the traditional meeting point for people of all ages. 


PLAZA DE LA LUNA

Known as Plaza de la Luna such by the locals, it is actually called Santa María Soledad Torres Acosta. The famous Luna cinema used to be here, but today, it has been replaced with the Gymage Lounge Resort Centre, with its popular rooftop terrace. The last refurbishment of this plaza has made it become very livable. 


PLAZA DE SAN ILDEFONSO

The Spanish painter, Leonardo Alenza studied here. On the one side, there is the church of San Ildefonso, more attractive on the inside than on the outside, and on the other the century-old Malasaña Pharmacy, known as Puerto Pharmacy. 

Malasaña was one of the main locations where the 70-80 Movida Madrileña revolutionary movement took place. Some of the pubs that stand out the most include: The Penta Bar and El Vía Láctea. 


    URBAN SCULPTURES 

    After Julia is the statue of a woman on Pez Street. Julia was a girl who disguised herself as a boy to study in the 1840s. 
    La Paseante, is the statue of a young girl with a long skirt and tank top who guards the entrance to the La Palma Art School. It is located on 46 Palma Street. 
    La Joven Caminando located in Plaza de San Ildefonso is the statue of an 18 year old, dressed in modern clothes carrying a folder under her arm. She's supposed to be on her way to Art School. 
    The Lecturas del Dos de Mayo statue, known as the Lectora Empedernida, is located in Plaza de Dos de Mayo. This young woman is an abstract figure reading the book that she is holding on her lap. 

As Luis Quiñones de Benavente would say in his book, Baile del invierno y del verano: "Because winter and summer,/in Madrid they are only good/from the crib to Madrid,/and from Madrid to the sky." 


Author: Concepción Galván, real estate consultant in Engel & Völkers Center area.


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