New

Majestic residence on Velazquez Street in a historic building.

€10,500,000
  • 4 Rooms
  • 4 Bedrooms
  • 4 Bathrooms
  • ~467 m² Total surface
  • ~467 m² Living area
  • Completion expected September 2026

Description

Engel & Völkers, Madrid’s luxury real estate agency, presents this extraordinary 467-square-metre residence, located in one of the most exclusive and prestigious settings in the Recoletos district, on Calle Velázquez and just a few metres from El Retiro Park.

The residence occupies the fifth floor of one of Recoletos’ most iconic and representative historic buildings, constructed in 1914 and protected as a heritage property. It is one of the area’s finest examples of grand historic architecture.

The apartment stands out for its superb proportions, excellent layout, and spacious rooms. It comprises four reception areas, a dining room, a separate kitchen, three bedrooms—two en suite—and a staff area with a staff bedroom. Additionally, on the sixth floor, there is a storage room with pleasant views that could be converted into a gym or an extra guest bedroom. Wooden floors, solid timber carpentry with period fittings, ceiling mouldings, and four fireplaces are just some of the features that make it unique.

The residence enjoys exceptional natural light and open views towards Calle Velázquez, while the rear overlooks a spectacular interior courtyard, providing an enhanced sense of privacy and tranquillity in the heart of Madrid.

Located in the heart of Recoletos, it is just steps from El Retiro Park and Calle Jorge Juan. Some of Madrid’s most renowned restaurants are nearby, as is Calle Serrano, home to leading luxury fashion houses. The property also benefits from a privileged location close to some of the capital’s most emblematic landmarks, including the Puerta de Alcalá, Plaza de Cibeles, the Prado Museum, and the Royal Botanical Garden.

The building’s prestigious character and historic protection, combined with its magnificent spatial proportions and highly exclusive location, make this an exceptional opportunity to acquire one of Madrid’s grand historic residences.

Features
Air-conditioningBalconySecurity systemElevatorFireplaceBuilt in wardrobeGuest toiletOpen viewWheelchair accessible
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Engel & Völkers Madrid MMC

Your advisor: Alejandro Berdud

Property ID: W-04BMHG

Property details
  • Object type

    Flat

  • Rooms

    4

  • Bedrooms

    4

  • Bathrooms

    4

  • Floor

    5

  • Number of Floors

    6

  • Total surface

    ~467 m²

  • Living area

    ~467 m²

  • Usable surface

    ~373 m²

  • Flooring

    Wooden floor

  • Building restrictions

    Front of Building Monument

Energy efficiency information
  • Construction year

    1914

  • Energy efficiency class

    B

  • Energy certificate available

    Yes

  • Energy certificate type

    Consumption certificate

  • Type of heating

    Radiator

  • Energy source

    Decentral heating

Location: Salamanca, Madrid

Recoletos is the prime area of the Salamanca district, the closest area to El Retiro, and specifically, this residence is just steps away from the largest and most representative park in Madrid. The Salamanca district is one of the most important areas of Madrid, both for its unique layout and for the residents who have traditionally lived on its iconic streets. Its construction dates back to the second half of the 19th century and corresponds to the urban expansion carried out during the reign of Isabel II. The precursor to whom it owes its name was the Malagueño José de Salamanca y Mayol, Marquess of Salamanca, who conceived a new location with carefully planned buildings to house the aristocratic and bourgeois classes of Madrid. Of 19th-century style, it is characterized by its distinctive regular grid layout with perpendicular streets. Its buildings are of particular interest due to their architectural quality and the beauty of their facades. Traditionally, Salamanca was a residential area, especially inhabited by the country's political and economic elites. In the last fifty years, this residential character coexists with other activities such as business, diplomatic, and especially commercial activities, as it is one of the most important luxury fashion areas in the capital. The Buen Retiro Park is the true protagonist of this Madrid neighborhood, which is bordered by the Calles de Alcalá and O'Donnell to the north, Calle Doctor Esquerdo to the east, Avenida del Mediterráneo and Paseo de Reina Cristina to the south, and Calle Alfonso XII to the west.

Floor plan

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