Exclusive Property with Terrace and Great Potential in Conde Duque / Argüelles

Engel & Völkers presents this magnificent investment and design opportunity in one of Madrid’s most established and sought-after areas. Located in a distinctive 1965 building, this property is a testament to the elegant architecture of Madrid’s Modern Movement. Its unmistakable exposed-brick façade, combined with the stone plinth and the streamlined lines of its curved balconies, gives the building a stately, timeless character.

This is a blank canvas with extraordinary potential, ideal for clients seeking to create a bespoke residence with a high-end architectural design.

Property Details

Located on the building’s second floor, the residence stands out for its brightness and connection with the outdoors. To help visualize this property’s limitless possibilities, we have included AI-generated renderings in this exposé, based on the floor plan and actual photographs, showing how a contemporary update could transform this space into a masterpiece of modern interior design.

• Current Layout: 4 spacious bedrooms and 3 full bathrooms. A perfect configuration to be redesigned—for example, creating a majestic master suite with a dressing room and en-suite bathroom, together with a completely open-plan living area.
• Orientation: South-facing. The best possible orientation in Madrid, ensuring excellent natural light throughout every season.
• Exterior: Exterior-facing property, featuring a wonderful curved terrace that adds dynamism to the living room and allows residents to enjoy the city’s enviable climate.
• Condition: In need of renovation.
• RENOVATION POTENTIAL For those seeking a spacious and distinguished urban retreat, the renovation can focus on maximizing visual spaciousness and comfort by reducing the current number of rooms:

a. Majestic Living Area: By removing partition walls, the living-dining room could be expanded to occupy the entire southern façade. The distinctive curved terrace would become a natural extension of the living room, flooding the space with light. The kitchen could be integrated with a central island or subtly separated by glass enclosures—as suggested in our rendering—while preserving visual continuity.

b. Dream Master Suite: The interior area of the residence—the quietest section, facing the courtyards—is perfect for designing a vast master suite including a boutique-style dressing room and a spa-style bathroom.

c. Study or Guest Room: The remaining floor area allows for a second spacious room, ideal for working from home or hosting guests with complete privacy, supported by a second full bathroom. If the goal is to preserve family capacity, the square footage allows for intelligent optimization without sacrificing luxury:

d. Intelligent Layout: A 3- or 4-bedroom configuration could be maintained, assigning the area closest to the main façade to the living spaces—the living room, dining room and kitchen—so the family can enjoy the south-facing orientation during the day.

e. Protected Sleeping Area: The children’s bedrooms and the master suite would be located in the rear section of the floor plan. The aerial view and cadastral plan show recesses and light wells that ensure these rear rooms enjoy absolute quiet, essential for rest, as well as overhead natural light.

f. Three Optimized Bathrooms: The current layout already includes 3 bathrooms, a significant structural advantage—the waste pipes are already in place—making it easier to create en-suite bathrooms and a guest powder room.