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Exclusive property with terrace near Plaza de Rubén Darío
Description
Magnificent 623 m² property located in a distinguished 1940 building, on one of Madrid’s main thoroughfares and in the immediate vicinity of Plaza de Rubén Darío.
Arranged across the fourth and fifth floors, it preserves the stately character of the period’s architecture, with ceilings up to four metres high, eight balconies, a large social area with several living spaces, and an impressive sense of volume that brings spaciousness, light and prestige.
The property comprises a fourth floor — currently physically divided, although registered as a single land registry unit — and a fifth floor. Its spaces offer enormous potential for customisation, as well as the opportunity to restore and enhance its original features.
Thanks to its layout and dimensions, there is also the possibility of dividing it into three independent residences: one on the fourth floor and two on the fifth, multiplying its versatility and future potential, both for residential use and as a long-term asset.
The building has a concierge, and there is the possibility of purchasing or renting a parking space in the area.
The property is currently subject to a lease agreement in force until 31 December 2027.
For more detailed information, we invite you to visit our 5-star section, which you will find further down this same page, after the images.
Details
- Reference THSSESMAD0812
- Price Ask us
- Built area 623 sqm
- Location Chamberí-Almagro, Madrid
Attributes
- Ceiling heights of more than three metres
- Central heating
- Doorman
- Original attributes
- Terrace
5 Stars
Almagro, one of Madrid’s most residential and elegant neighbourhoods — particularly the renowned “Golden Triangle”, where this property is located — is home to some of the city’s most distinguished buildings, constructed between the late 19th and early 20th centuries. The area hosts embassies, parks, museums and art galleries, and in recent years has welcomed several cultural institutions, such as the Spanish Film Academy and the Ibero-American Institute of Finland, which offer cinema, lectures and exhibitions. Almagro also offers a wide range of shops and long-established neighbourhood stores.
The residences face west on the main frontage and benefit from dual-aspect natural light throughout the day.
Magnificent opportunity: one of the few large-format properties currently for sale in two registered units and with several terraces, in an unbeatable location, within a distinguished building and with all the finest attributes of the most representative classic constructions. With an impressive reception area, generous volumes with ceilings over three metres high, and enormous potential for adaptation.
The residences feature an excellent structural framework, spacious rooms and superb natural light, as well as central heating and terraces on both floors. A renovation would be required to update the installations and adapt the layout to the buyer’s preferences.
Almagro is always a secure investment, particularly on iconic streets such as the one where this property is located. Acquiring a distinguished XL property with a terrace in this neighbourhood means owning a safe real estate asset, one that is not subject to the market fluctuations that may affect other areas.
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