Magnificent property to renovate.

Engel & Völkers presents an exceptional investment opportunity in the heart of Recoletos, Madrid’s most exclusive and sought-after area. This 220 m² property is located in a solid 1946 building with concierge service, noted for its understated elegance. Thanks to its privileged west-facing orientation, the home enjoys extraordinary natural light, making it an ideal space for a high-end renovation project in an unbeatable location. The property offers a versatile layout with spacious rooms and high ceilings. The main living room currently includes an enclosed terrace, with the option to integrate it to maximize the social area or restore it as an exterior balcony. It has 4 bedrooms, 3 bathrooms, and an independent service entrance. As unique added values in the area, the property includes a large 20 m² storage room, and there is the possibility of parking nearby, making day-to-day life easier in the city center. It is the perfect canvas to create a sophisticated, tailor-made residence in a truly one-of-a-kind location.