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Modern living room with two cream armchairs, a slatted room divider, and a dining area in a bright, minimalist space. [AI-generated text]

Unique penthouse in Almagro, ready for custom renovation, with a spectacular south-facing terrace

€4,700,000
  • 4 Rooms
  • 4 Bedrooms
  • 5 Bathrooms
  • ~322 m² Total surface
  • ~322 m² Living area
  • ~80 m² Terrace surface
  • Completion expected November 2026

Description

Engel & Völkers is delighted to present, on this occasion, a true gem of a property in the heart of the prestigious Almagro neighbourhood. This is an extraordinary duplex penthouse situated in an elegant, classic building dating from 1930, situated on the corner of the sought-after streets of Zurbarán and Monte Esquinza, just a few metres from the Paseo de la Castellana and Calle Génova.

The building, which stands out for its impressive period façade, offers all modern conveniences, including a lift and a concierge service.

The property, with an unbeatable south-facing aspect and corner location, guarantees exceptional natural light throughout the day. It has a built area of 237 m² (229 m² usable area as verified on the plans), spread over two levels which are currently connected by an internal staircase. Added to this spaciousness is the property’s greatest attraction: a magnificent 35 m² terrace on the top floor.

The property is being sold in a completely open-plan state (gutted), allowing the future buyer to design a luxury project tailored strictly to their requirements. Our team has devised optimal layout proposals suggesting that the living area be situated on the upper floor. This design would feature a spectacular living-dining room with an open-plan kitchen of approximately 50 m² and a study, all with direct access to the terrace, ensuring that the outdoor space flows seamlessly as a natural extension of the interior.

For its part, the lower floor is the ideal space for the sleeping area. The proposed layout includes three bedrooms, notably the master suite with bespoke fitted wardrobes, two additional full bathrooms and a guest toilet. Thanks to its size, the property offers the tremendous versatility of accommodating up to five bedrooms, five bathrooms and two toilets, should the client so require.

It is worth noting a major added advantage: the property comprises two separate registered plots, which offers the flexibility to purchase the entire duplex or, if preferred, to buy both floors separately.

Features
BalconyTerraceElevatorAtticOpen viewWheelchair accessible
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Engel & Völkers Madrid MMC

Your advisor: Pilar Perez

Property ID: W-04CJX7

Property details
  • Object type

    Penthouse

  • Rooms

    4

  • Bedrooms

    4

  • Bathrooms

    5

  • Floor

    5

  • Total surface

    ~322 m²

  • Living area

    ~322 m²

  • Terrace surface

    ~80 m²

  • Usable surface

    ~322 m²

  • Flooring

    Wooden floor

Energy efficiency information
  • Construction year

    1930

  • Energy certificate available

    No

  • Type of heating

    Radiator

  • Energy source

    Central heating

Location: Chamberí, Madrid

Nestled on the iconic Calle Zurbarán, in the most exclusive heart of the Almagro neighborhood, this property enjoys one of Madrid’s most coveted and prestigious locations. Widely regarded as the residential 'Golden Mile' of Chamberí, this tree-lined street stands out for its stately elegance, tranquility, and classic early 20th-century architecture, surrounded by embassies, historic mansions, and institutional headquarters.

Living on Zurbarán offers an unrivaled balance between privacy and cosmopolitan living:

Cultural and gastronomic surroundings: Just steps away from landmarks such as the Sorolla Museum and the Mapfre Foundation, alongside a curated selection of art galleries, designer boutiques, and fine-dining restaurants.

Privileged connectivity: Strategically located between Paseo de la Castellana and Calle Génova, offering easy walking access to the Justicia and Recoletos neighborhoods.

Infrastructure and amenities: Excellent public transport links (Alonso Martínez, Rubén Darío, and Colón metro stations are just meters away) and immediate access to the city's main arteries and the airport.

A one-of-a-kind enclave that combines the prestige of the capital’s noblest addresses with the dynamism and sophisticated lifestyle of central Madrid.

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