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Penthouse with terrace and spectacular views in Acacias

€660,000
  • 2 Rooms
  • 2 Bedrooms
  • 1 Bathroom
  • ~84 m² Total surface
  • ~84 m² Living area
  • ~30 m² Terrace surface
  • Completion expected October 2026

Description

Engel & Völkers presents this property, which stands out for its excellent natural light, highly functional current layout, and significant potential for appreciation through a renovation focused on optimizing the space. Located in Acacias, the property features a spacious living-dining room with access to natural light, a separate kitchen, 2 bedrooms, and a full bathroom. Its distinguishing feature is a private terrace offering a wide range of possibilities, both for outdoor enjoyment and for a future extension of the habitable area.

Renovation potential: incorporating the terrace

Through the full or partial integration of the terrace, the habitable area could be increased, allowing for the addition of an extra bedroom and a second bathroom:

  • Creation of a new bedroom: By incorporating the terrace’s square footage into the property’s envelope, sufficient space would be obtained to design an additional bedroom (double or single), ideal as a primary bedroom, guest room, or workspace.
  • Addition of a second bathroom: Taking advantage of the proximity of the existing water connections and waste pipes, the project would allow for the installation of an additional full bathroom (either en suite with the new bedroom or with independent access), substantially improving everyday comfort and the property’s competitiveness on the market.

This potential for transformation makes the property an ideal option both for families seeking to adapt the space to their needs and for investors interested in maximizing their return on investment.

Features
Air-conditioningPatioSecurity systemTerraceElevatorOpen view
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Engel & Völkers Madrid MMC

Your advisor: Azucena Gonzalez

Property ID: W-04B1V9

Property details
  • Object type

    Penthouse

  • Rooms

    2

  • Bedrooms

    2

  • Bathrooms

    1

  • Floor

    7

  • Number of Floors

    7

  • Total surface

    ~84 m²

  • Living area

    ~84 m²

  • Terrace surface

    ~30 m²

  • Flooring

    Wooden floor

Energy efficiency information
  • Construction year

    1965

  • Energy certificate available

    In progress

  • Type of heating

    Radiator

  • Energy source

    Central heating, Gas heating

Location: Arganzuela, Madrid

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PRIVILEGED LOCATION AND SURROUNDINGS

Property located in one of Madrid’s most dynamic and sought-after areas, in the heart of the Arganzuela district (Acacias / Imperial), halfway between the historic charm of traditional central Madrid and the modernity of the Manzanares riverbanks.

  • Neighborhood life and leisure: Enjoy the essence of La Latina and the classic boulevards within walking distance, with an extensive range of restaurants, terraces, local shops, and supermarkets right outside your door.
  • Nature and sports: Just a few minutes’ walk from Madrid Río Park, a vast green lung ideal for walking, exercising outdoors, or enjoying its wellness and cultural areas.
  • Complete services: Established surroundings with healthcare centers, schools, sports facilities, and university campuses in the immediate vicinity.

UNBEATABLE COMMUNICATIONS AND TRANSPORT

A strategic location that allows you to travel throughout the capital quickly and easily, by both public transport and private vehicle:

  • Metro: Approximately 3–4 minutes on foot from Pirámides station (Line 5) and very close to Puerta de Toledo station (Line 5), providing a direct connection to Gran Vía, Callao, and the heart of the city in under 10 minutes.
  • Renfe Cercanías commuter rail: Pirámides station (Lines C-1 and C-10) is a short walk away, providing quick connections to Atocha, Méndez Álvaro, Chamartín, and Madrid-Barajas Airport.
  • EMT buses: Stops just steps away, with multiple regular daytime and nighttime lines (Lines 17, 18, 23, 35, 002, 60, N26, among others), providing direct connections to Plaza Mayor, Embajadores, and Atocha.
  • Road access: Almost immediate access to and from the M-30, facilitating connections by car to the main highways (A-42, A-5, A-4).

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