Exclusive designer home with soaring ceilings and historic heritage, in a palace exempt from property tax.

Engel & Volkers is marketing this property, located in a building showcasing the distinctive charm of classic Madrid architecture. It stands out for an unusual feature: although situated on the ground floor, it is at the plaza’s highest point relative to the street, effectively equivalent to a first floor, and enjoys exceptional natural light thanks to its excellent orientation and spacious rooms.

Its impressive ceilings, nearly 3.5 metres high, create an exceptional sense of space and enhance the property’s character, combining elegance, comfort and design potential.

The current layout offers great versatility and numerous adaptation options. Its generous dimensions allow the spaces to be reconfigured according to the future owner’s needs, making it possible to create a second bedroom, an independent work area or a spectacular open-plan space without sacrificing spaciousness or functionality.

This property represents an excellent opportunity both for those seeking a distinctive home in one of Madrid’s most emblematic areas and for investors who value uniqueness, location and the potential appreciation of a truly exceptional property. Another particularly noteworthy and unique feature is that it forms part of Madrid’s cultural artistic heritage and is therefore exempt from Property Tax (IBI).

An exclusive home in the heart of historic Madrid, where the capital’s history, architecture and most authentic lifestyle come together.