Elegant Classic Apartment for Renovation in Núñez de Balboa Steps from El Retiro

The Salamanca district is one of Madrid’s most prominent areas, both for its distinctive layout and for the residents who have traditionally inhabited its emblematic streets. Its construction dates back to the second half of the 19th century and formed part of the urban expansion undertaken during the reign of Isabella II. The pioneer after whom it was named was José de Salamanca y Mayol, Marquis of Salamanca, from Málaga, who conceived a new development with carefully designed buildings to house Madrid’s aristocratic and bourgeois classes. Built in the 19th-century style, it is characterized by a distinctive, regular checkerboard layout with perpendicular streets. Its buildings are of particular interest thanks to their architectural quality and beautiful façades. Traditionally, Salamanca was a residential area, inhabited especially by the country’s political and economic elites. Over the past fifty years, this residential character has coexisted with other activities, including business, diplomacy and, above all, retail, as it is one of the capital’s most important luxury shopping districts. El Retiro Park is the true centerpiece of this Madrid district, which is bordered by Alcalá and O'Donnell Streets to the north, Doctor Esquerdo Street to the east, Avenida del Mediterráneo and Paseo de Reina Cristina to the south, and Alfonso XII Street to the west.