Engel & VölkersEngel & Völkers
Elegant living room with a crystal chandelier, grand piano, beige sofa, green coffee table, and parquet wood floors. [AI-generated text]

Exclusive exterior home for complete renovation steps from Retiro

€1,995,000
  • 5 Rooms
  • 5 Bedrooms
  • 3 Bathrooms
  • ~231 m² Total surface
  • ~192 m² Living area
  • Completion expected February 2026

Description

Located on one of the most sought-after streets in the Ibiza neighborhood, this spectacular 231 m² exterior home represents a unique opportunity to create a custom home in one of the most in-demand areas of Madrid. The property stands out for its large windows, which flood each room with natural light throughout the day, and for its pleasant side views of the Retiro Park, a privilege difficult to find in the area. Currently, the home is distributed into five bedrooms, three bathrooms, and has a balcony, offering an ideal base for a comprehensive renovation to optimize spaces and adapt the layout to the most demanding needs. Its generous size, brightness, and prime location make this property an exceptional option both as a high-level primary residence and as an investment with great potential for appreciation.
Features
Air-conditioningBalconyElevatorGuest toiletWheelchair accessible
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Engel & Völkers Madrid MMC

Your advisor: Moira Ruiz

Property ID: W-04ANJ7

Property details
  • Object type

    Flat

  • Rooms

    5

  • Bedrooms

    5

  • Bathrooms

    3

  • Floor

    5

  • Number of Floors

    6

  • Total surface

    ~231 m²

  • Living area

    ~192 m²

  • Flooring

    Parquet

Energy efficiency information
  • Construction year

    1,955

  • Energy certificate available

    In progress

  • Type of heating

    Radiator

  • Energy source

    Central heating

Location: Retiro, Madrid

Safe, elegant, and with a distinct residential character, the Ibiza neighborhood in the prestigious Retiro District is one of the most sought-after areas in Madrid. Its privileged location next to the Retiro Park, one of the city's major green lungs, offers a perfect balance between quality of life, tranquility, and urban living. The neighborhood stands out for its welcoming and dynamic atmosphere, with an excellent culinary scene, local shops, and charming cafes that enhance its authentic neighborhood spirit. All of this is perfectly connected and surrounded by top-tier services, including renowned healthcare centers and an excellent public transport network. Ibiza is, without a doubt, an ideal choice for those looking to live with comfort and exclusivity in one of the most demanded areas of the capital.

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