New

Elegant apartment to renovate with four terraces on Castelló Street.

€3,850,000
  • 5 Rooms
  • 5 Bedrooms
  • 4 Bathrooms
  • ~433 m² Total surface
  • ~433 m² Living area
  • ~20 m² Terrace surface
  • Construction year 1962

Description

In the heart of the prestigious Salamanca district, Engel & Völkers, Madrid’s premier luxury real estate agency, presents this magnificent 433 m² apartment offering an extraordinary renovation opportunity. Set in a classic 1962 building partially updated in 2010, this bright corner residence stands out for its grand proportions, open views, and abundant natural light.

The property features an elegant, stately layout that provides an ideal blank canvas to design a bespoke home. The reception area showcases interconnecting living rooms and an independent dining room, where original hardwood floors, wood-panelled walls, and a fireplace create an air of timeless sophistication. This social area connects to three generous terraces (exceeding 20 m² combined) facing east and north, while a fourth terrace overlooks the quiet interior courtyard.

The private quarters comprise four spacious bedrooms—two with en-suite bathrooms—supported by a fifth bedroom for staff, bringing the total to five bedrooms and four bathrooms. The generously sized kitchen is complemented by an informal dining/breakfast area and a dedicated utility and service entrance.

The building offers step-free accessibility and first-class amenities, including a concierge, central heating, a main lift, and a dedicated service lift. A distinguished residence with exceptional potential, ideal for buyers looking to craft an exclusive urban sanctuary in one of Madrid’s most coveted enclaves.

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

Your advisor: Alejandro Berdud

Property ID: W-047RRZ

Property details
  • Object type

    Flat

  • Rooms

    5

  • Bedrooms

    5

  • Bathrooms

    4

  • Floor

    2

  • Number of Floors

    7

  • Total surface

    ~433 m²

  • Living area

    ~433 m²

  • Terrace surface

    ~20 m²

  • Usable surface

    ~303 m²

  • Flooring

    Wooden floor

Energy efficiency information
  • Construction year

    1962

  • Energy efficiency class

    C

  • Energy certificate available

    Yes

  • Energy certificate type

    Consumption certificate

  • Type of heating

    Radiator

  • Energy source

    Central heating

Location: Salamanca, Madrid

This exceptional residence is situated in the heart of the Salamanca district, within the prestigious Castellana enclave—a distinguished neighborhood renowned for its grand classical façades and stately architectural heritage.

The location is truly prime: just moments from both Calle Serrano and Paseo de la Castellana. This strategic position offers seamless connectivity across Madrid via public transit or private vehicle, while placing major institutions such as the U.S. Embassy and IE Business School within easy reach.

Right on the doorstep, the area seamlessly blends high-end retail and fine dining—boasting an array of acclaimed terrace restaurants and cafés—with essential everyday conveniences, including organic markets, pharmacies, and specialty shops.

Designed for those who value an effortless pedestrian lifestyle, this address offers the rare privilege of having the city’s finest shopping, culture, and dining just a short stroll away, all within a tranquil, sophisticated residential setting.

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