Engel & VölkersEngel & Völkers
Modern open-plan living room with beige sofa, wooden coffee table, dining area, and herringbone wood floors.

Brand-new penthouse with large terrace in Ibiza neighborhood

€1,450,000
  • 3 Rooms
  • 3 Bedrooms
  • 2 Bathrooms
  • ~120 m² Total surface
  • ~109 m² Living area
  • ~20 m² Terrace surface
  • Completion expected July 2026

Description

Penthouse of 120 m² located in the Ibiza neighborhood, fully renovated with contemporary design. The property is accessed through a refurbished entrance and features 3 bedrooms and 2 bathrooms, one en suite. The spacious, bright living room opens onto a private terrace of over 25 m², east-facing and fully equipped, with unobstructed views.

The kitchen is fully equipped and includes a quality wine fridge. The layout makes the most of every space with modern design criteria, offering bright rooms and functional circulation. The property is sold furnished, with no works required and no additional investment needed for immediate occupancy.

The property is just minutes from Retiro Park, in one of Madrid’s most sought-after areas, with access to a wide range of dining, shopping and services, as well as excellent transport connections.

Don’t miss this opportunity. Private viewings by appointment.

Features
TerraceElevatorAttic
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Engel & Völkers Madrid MMC

Your advisor: Kam Bennouna

Property ID: W-04AVJ0

Property details
  • Object type

    Penthouse

  • Rooms

    3

  • Bedrooms

    3

  • Bathrooms

    2

  • Floor

    8

  • Number of Floors

    8

  • Total surface

    ~120 m²

  • Living area

    ~109 m²

  • Terrace surface

    ~20 m²

Energy efficiency information
  • Construction year

    1,952

  • Energy efficiency class

    D

  • Energy certificate available

    Yes

  • Energy certificate type

    Consumption certificate

  • Type of heating

    Radiator

Location: Retiro, Madrid

The Ibiza neighborhood, located next to the iconic Retiro Park, stands out for its residential and elegant atmosphere, paired with a wide range of dining and leisure options. Its streets are full of local shops and charming cafés that create a welcoming, vibrant setting. The presence of leading healthcare centers provides convenience and high-quality services without diminishing the area’s exclusivity.

Safe, well connected, and with an unmistakable neighborhood spirit, Ibiza is one of Madrid’s most highly regarded areas for those seeking comfort, quality of life, and proximity to one of the city’s green lungs.

Transport links are unbeatable, with several metro stations such as Ibiza, Retiro, and Sainz de Baranda, as well as direct access to the M-30, ensuring excellent connections to any part of Madrid.

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