Premium renovation property in Recoletos on Calle Núñez de Balboa.

Engel & Voelkers presents a wonderful property located in the Recoletos neighborhood on the iconic Núñez de Balboa street, on the corner of Ayala. This property represents a unique investment opportunity in one of the most sought-after areas of Madrid. Located just a few meters from the Golden Mile, the Mercado de la Paz market, and the Retiro Park. Its location combines the residential atmosphere of the neighborhood with the commercial and cultural dynamism of the Salamanca district. Currently undergoing renovation, with completion scheduled for November 2025, the property is being transformed into a space with a sophisticated and functional design, featuring fine materials, decorative lighting, and a warm color palette that brings elegance and harmony to all spaces. The heart of the home is a spacious living-dining room with an open kitchen in veined marble and dark wood furniture. The bedrooms combine soft textures, upholstered headboards, and wallpaper with indirect lighting, creating serene and welcoming environments. In the bathrooms, marble takes center stage, enhanced by backlit mirrors and metallic details that reinforce the premium character of the whole.