Stunning corner property with 10 balconies in Recoletos

€4,990,000

4 Rooms
4 Bedrooms
4 Bathrooms
~292 m² Total surface
~292 m² Living area

Description

Engel & Völkers presents this exceptional residence located just a few meters from Retiro Park, in the heart of the exclusive Recoletos neighborhood. Situated on the second floor of a representative building with a modernist and French-inspired style by José Espelius Anduaga (1907-1909), it stands out for its spectacular façade with bay windows, balconies, and balustrades, recognized as one of the most beautiful and emblematic in the area. The residence, in need of renovation, features 15 exterior openings and faces three facades, allowing access to the outside from almost every room. Its 3.30-meter high ceilings provide an unparalleled sense of spaciousness and elegance. The grand entrance reinforces the exclusive character, with few neighbors per floor. With a total area of 292 square meters, the residence is delivered demolished, offering a unique opportunity to carry out a personalized renovation that suits your needs and lifestyle. Its spacious layout allows for configuring between three and four bedrooms, as well as up to four bathrooms. Its corner location makes this property a true gem for those seeking exclusivity, history, and personalization in the heart of Madrid. It is possible to acquire the residence fully renovated thanks to various fully customizable architecture and interior design projects. Do not hesitate to contact us to arrange a visit to this impressive residence.

Features

Balcony

Engel & Völkers Madrid MMC

+34 91 277 4500

Your advisor: Nadege Martínez

Property ID: W-02YIC3

Location: Salamanca, Madrid

Recoletos is the prime area of the Salamanca neighborhood, the closest area to El Retiro, and specifically, this home is just steps away from the largest and most representative park in Madrid. The Salamanca neighborhood is one of the most significant areas of Madrid due to its unique layout and the residents who have traditionally lived on its iconic streets. Its construction dates back to the second half of the 19th century and corresponds to the urban expansion carried out during the reign of Isabel II. The precursor to whom it owes its name was the Malagueño José de Salamanca y Mayol, Marqués de Salamanca, who conceived a new site with a carefully planned development to house the aristocratic and bourgeois classes of Madrid. Of 19th-century style, it is characterized by its special regular grid layout with perpendicular streets. Its buildings are of particular interest thanks to their architectural quality and the beauty of their facades. Traditionally, Salamanca was a residential area, especially inhabited by the political and economic elites of the country. In the last fifty years, this residential character coexists with other activities such as business, diplomacy, and especially commerce, as it is one of the most important luxury fashion areas in the capital. The Buen Retiro Park is the true protagonist of this Madrid neighborhood, which is bordered by Alcalá and O'Donnell Streets to the north, Doctor Esquerdo Street to the east, Avenida del Mediterráneo and Paseo de Reina Cristina to the south, and Alfonso XII Street to the west.