Classic corner in Salustiano Olozaga 8 with bay windows and great potential in the heart of Recoletos.

Engel & Völkers presents this unique residence located at Salustiano Olozaga , one of the most elegant and coveted addresses in the Recoletos neighborhood, just a few meters from the Puerta de Alcalá and the Retiro Park. Situated in a classic representative building, this property stands out as a true corner unit, giving it exceptional brightness and a unique architectural presence. With 179 m² according to the Land Registry, the residence features two bay windows, three balconies, and two windows on the facade, providing its own identity and a charm difficult to find nowadays. Its current configuration requires renovation but offers the possibility to design a luxury layout with three spacious bedrooms, several en suite, in addition to a large corner social area, open to the bay windows and balconies, which will enhance the natural light and stately character of the property. The high ceilings, spacious exterior rooms, and the classic character of the building make this residence a very special piece, perfect for those looking to create a unique home or develop a high-level investment project in the heart of Madrid. Its location is privileged: a quiet, elegant, tree-lined street in Recoletos, surrounded by iconic buildings and steps away from the best restaurants, boutiques, museums, and green areas of the capital. An exceptional opportunity to design a dream residence in one of the most exclusive and representative corners of Recoletos.