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Empty room with light wood floors, white walls, recessed ceiling lighting, and two glass doors leading to a balcony. [AI-generated text]
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Exclusive New-Build Home with Two Balconies in Historic Building

€720,000
  • 1 Room
  • 1 Bedroom
  • 1 Bathroom
  • ~69 m² Total surface
  • ~59 m² Living area
  • Construction year 1900

Description

Engel & Völkers presents this elegant 69 m² built apartment, in impeccable condition following a comprehensive modernization in 2026. Located in a distinguished classic building dating from 1900, this property achieves the perfect harmony between Madrid’s architectural character and the highest level of contemporary comfort.

Its interior invites you to enjoy a refined, warm and welcoming atmosphere. The living area features a spacious lounge flooded with natural light, thanks to its exterior position and two classic north-facing balconies. Subtly integrated into this space is a modern kitchen with clean lines, equipped with high-end appliances.

The current layout offers a spacious bedroom and a full bathroom with premium finishes, while the property also provides excellent flexibility, allowing the creation of a second exterior bedroom with direct access to one of the balconies. Elegant natural wood flooring and the advanced Airzone ducted climate-control system (heat pump) ensure maximum efficiency and comfort throughout the year.

An exceptional property, ideal for those seeking a sophisticated residence in the capital or a highly attractive investment, with the peace of mind that all technical and structural details have been resolved.

Main Details and Features

Area: 69 m² built

Layout: 1 bedroom (with a genuine and straightforward option to create a 2nd exterior bedroom) and 1 full bathroom.

Exterior Features: Exterior apartment with 2 classic wrought-iron balconies.

Kitchen: Semi-integrated, modern in design and fully equipped.

Climate Control: Airzone system (heating/cooling heat pump) for precise temperature control.

Building: Classic 1900 building. Favorable ITE technical inspection completed in 2023 (next due in 2030).

Elevator: Currently being installed (it will serve the apartment’s floor). Work began in September 2026, and the special assessment has already been paid in full by the current owner.

Accessibility: Temporary architectural barriers (only until the elevator is completed).

Storage: Includes a practical approximately 4 m² attic storage room.

Orientation: North-facing, ensuring constant, soft natural light.

Features
Air-conditioningBalconyElevator
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Engel & Völkers Madrid MMC

Your advisor: Pablo Sanchez

Property ID: W-04B9HI

Property details
  • Object type

    Flat

  • Rooms

    1

  • Bedrooms

    1

  • Bathrooms

    1

  • Floor

    2

  • Number of Floors

    4

  • Total surface

    ~69 m²

  • Living area

    ~59 m²

  • Flooring

    Wooden floor

  • Building restrictions

    Front of Building Monument

Energy efficiency information
  • Construction year

    1900

  • Energy efficiency class

    D

  • Energy certificate available

    Yes

  • Energy source

    Heat pump

Location: Centro, Madrid

In the heart of Malasaña, one of Madrid’s most sophisticated and vibrant districts, this location appeals to those who value historic architecture, urban culture, and cosmopolitan living. Its tree-lined streets combine select boutiques, galleries, bookshops, and an exceptional gastronomic offering.

Tribunal station is approximately a 5-minute walk away, with Metro connections to the rest of the capital; Gran Vía, about 8 minutes on foot, provides access to the main shopping areas. Puerta del Sol is around a 15-minute walk away, while Adolfo Suárez Madrid–Barajas Airport is approximately 25 minutes by car, depending on traffic.

Just a short distance away are the Madrid History Museum, San Ildefonso Market, and the lively Plaza del Dos de Mayo. The nearby historic center offers theaters, fine-dining restaurants, and a first-rate cultural calendar.

A prestigious address capturing Madrid’s most elegant, creative, and dynamic essence, ideal for those wishing to experience the city with distinction and complete comfort.

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