Engel & VölkersEngel & Völkers
Empty room with light yellow walls, wood floor, and glass doors to a balcony with a black metal railing. [AI-generated text]

Magnificent exterior property to renovate on the third floor of a classic building.

€1,070,000
  • 3 Rooms
  • 3 Bedrooms
  • 1 Bathroom
  • ~100 m² Total surface
  • ~100 m² Living area
  • Completion expected May 2026

Description

Engel & Völkers presents, on the third floor of a classic, stately 1930s building on the iconic Alcalá Street, very close to its junction with Goya Street, this 100 m² home— a unique opportunity for those seeking to create a fully personalized residence in one of Madrid’s most representative areas.

The property, in need of renovation, offers a perfect blank canvas to design each space according to the future owner’s needs and lifestyle. Its height and south-facing orientation provide exceptional natural light, while the balcony overlooking Goya Street lets you enjoy the city’s urban charm.

The building stands out for its architectural elegance and a stately entrance hall, recently adapted to remove architectural barriers, ensuring comfort and accessibility. In addition, it has a concierge service, an added value that provides security and daily assistance.

A home with character, an exceptional location, and enormous potential to become a bespoke residence in the very heart of Madrid.

Features
Air-conditioningBalconyElevatorWheelchair accessible
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Engel & Völkers Madrid MMC

Your advisor: Inmaculada Cerezo

Property ID: W-049R99

Property details
  • Object type

    Flat

  • Rooms

    3

  • Bedrooms

    3

  • Bathrooms

    1

  • Floor

    3

  • Number of Floors

    9

  • Parking spaces

    1

  • Total surface

    ~100 m²

  • Living area

    ~100 m²

  • Flooring

    Parquet

Energy efficiency information
  • Construction year

    1,930

  • Energy certificate available

    In progress

  • Type of heating

    Radiator

  • Energy source

    Central heating

Location: Salamanca, Madrid

The Salamanca neighborhood is one of Madrid’s most important areas, both for the regular layout of its buildings and their architecture, and for the residents who live on its iconic streets. Specifically, in the Goya district, we find mid-rise buildings, making it a fairly densely populated area with large, stately homes. This area has an extensive public transport network (metro, city buses, taxi ranks) and very close access to the M-30. Along its various streets you can find a wide range of services: shops, pharmacies, schools, nurseries, churches, good bars and restaurants. It is very close to the WiZink Center, the Royal Mint, the Las Ventas Bullring, and Retiro Park. On the other hand, just a few minutes’ walk away is Calle de Goya, home to the finest luxury retailers. This is a neighborhood that offers absolutely everything needed for the highest quality of life.

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