Exclusive home with great potential on García Paredes, Almagro

€1,650,000
  • 4 Rooms
  • 4 Bedrooms
  • 2 Bathrooms
  • ~189 m² Total surface
  • ~170 m² Living area

Description

Engel & Völkers presents a property on one of the most iconic and peaceful streets in the Almagro neighbourhood. Located at the coveted address of 49 García Paredes Street, this unique property is exclusively available, situated on the fifth floor of a classic 1920s building that embodies the architectural charm characteristic of the area. This is an exterior-facing flat, very bright and with a generous layout that offers numerous possibilities for modernisation, allowing you to create a sophisticated and contemporary home without compromising the building’s classic essence. The living area features a spacious exterior-facing living-dining room, bathed in natural light throughout the day thanks to its large windows, creating a sense of spaciousness and well-being that is hard to find. The property features four good-sized bedrooms, all with a layout that ensures comfort and functionality. Furthermore, both the bedrooms and the kitchen benefit from natural light from spacious, well-maintained internal courtyards, providing cross-ventilation and brightness throughout the home. It has two bathrooms and a very balanced layout, offering an ideal base for a comprehensive refurbishment, transforming it into a high-end property in one of Madrid’s most sought-after areas. This is an exceptional opportunity for those seeking a home with character, high ceilings, light and a prime location in Almagro, with the potential to become a unique property on the market.
Features
Air-conditioningBalconyElevator
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Engel & Völkers Madrid MMC

Your advisor: Lina Mejia

Property ID: W-049BCL

Property details
  • Object type

    Flat

  • Rooms

    4

  • Bedrooms

    4

  • Bathrooms

    2

  • Floor

    5

  • Number of Floors

    6

  • Total surface

    ~189 m²

  • Living area

    ~170 m²

  • Building Restrictions

    None

Energy efficiency information
  • Construction year

    1920

  • Energy certificate available

    In progress

Location: Chamberí, Madrid

The home is located on one of the most emblematic streets in the Almagro neighborhood, in the Chamberí district, one of Madrid’s most elegant and well-established residential areas. Living here means enjoying true neighborhood life at the highest level, where everything is just a few steps away and the quality of services coexists with the calm of tree-lined streets and stately buildings. A short distance away is the iconic Chamberí Market, a gastronomic and social space that has preserved the neighborhood’s essence, combining quality produce, dining, and a local atmosphere. In the immediate surroundings are also key landmarks such as the Church of Santa María de la Concepción (García Paredes), which adds character and tradition to the area, as well as leading medical centers and the Fundación Jiménez Díaz University Hospital, one of Madrid’s most important hospitals. All of this makes the location an exceptional enclave that combines residential tranquility, top-tier services, and a carefully curated cultural and gastronomic offering, enabling a comfortable, sophisticated, and perfectly connected lifestyle without giving up the neighborhood’s essence.

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Engel & Völkers Madrid MMC

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EV MMC SPAIN, S.L.U.

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