Unique penthouse in Almagro, ready for custom renovation, with a spectacular south-facing terrace

Engel & Völkers is delighted to present, on this occasion, a true gem of a property in the heart of the prestigious Almagro neighbourhood. This is an extraordinary duplex penthouse situated in an elegant, classic building dating from 1930, situated on the corner of the sought-after streets of Zurbarán and Monte Esquinza, just a few metres from the Paseo de la Castellana and Calle Génova.

The building, which stands out for its impressive period façade, offers all modern conveniences, including a lift and a concierge service.

The property, with an unbeatable south-facing aspect and corner location, guarantees exceptional natural light throughout the day. It has a built area of 237 m² (229 m² usable area as verified on the plans), spread over two levels which are currently connected by an internal staircase. Added to this spaciousness is the property’s greatest attraction: a magnificent 35 m² terrace on the top floor.

The property is being sold in a completely open-plan state (gutted), allowing the future buyer to design a luxury project tailored strictly to their requirements. Our team has devised optimal layout proposals suggesting that the living area be situated on the upper floor. This design would feature a spectacular living-dining room with an open-plan kitchen of approximately 50 m² and a study, all with direct access to the terrace, ensuring that the outdoor space flows seamlessly as a natural extension of the interior.

For its part, the lower floor is the ideal space for the sleeping area. The proposed layout includes three bedrooms, notably the master suite with bespoke fitted wardrobes, two additional full bathrooms and a guest toilet. Thanks to its size, the property offers the tremendous versatility of accommodating up to five bedrooms, five bathrooms and two toilets, should the client so require.

It is worth noting a major added advantage: the property comprises two separate registered plots, which offers the flexibility to purchase the entire duplex or, if preferred, to buy both floors separately.