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Penthouse with endless possibilities just steps from El Retiro Park
Description
Just a few steps from El Retiro Park, this 171 m² penthouse is located in a classic building dating from 1936. The property brings together some of the most sought-after features in central Madrid: a top-floor position, a private terrace, abundant natural light and open views across the city.
The interior is currently presented as an almost entirely open-plan space, ready for a complete renovation.
Ceiling heights of approximately three metres enhance the sense of space. The numerous windows throughout the property allow natural light to flow in during the day and offer the potential to create generous, continuous and well-connected living areas.
The private terrace is one of the property’s most outstanding features. Its elevated position and views over Madrid’s rooftops and main urban landmarks create an exceptional outdoor space with a wide range of possibilities.
A unique opportunity to undertake a bespoke renovation project and create a contemporary, light-filled penthouse with a terrace in one of Madrid’s most established locations.
Concierge service, storage room and access to residents’ parking.
Layout:
The proposed design embraces a serene and contemporary architectural approach. The three-metre-high ceilings are enhanced through architectural solutions that bring character to each room, while the lighting and integrated furniture help maintain a clean and uncluttered aesthetic.
The living area is conceived as a sequence of interconnected spaces. The living room, dining room and terrace flow seamlessly into one another, allowing natural light and views to become part of everyday life.
The terrace thus becomes a natural extension of the interior, designed as an outdoor space for relaxation and enjoyment.
At the heart of the property, the kitchen acts as the central element of the layout. Its position connects it to the social areas while allowing a degree of separation through glazed partitions. The central island defines the space and ensures comfortable use, both for everyday living and when entertaining guests.
The private area occupies the most secluded part of the penthouse and comprises three bedrooms, each with an en-suite bathroom.
Photos: the first images show the property in its current condition; the remaining images are CGI renderings.
For more detailed information, we invite you to visit our 5 Stars section, located further down on this page, below the images.
Details
- Reference THSSESMAD1155
- Price 2390000€
- Built area 171 sqm
- Bedrooms 3
- Bathrooms 4
- Location Retiro-Ibiza, Madrid
Attributes
- Ceiling heights of more than three metres
- Central heating
- Doorman
- Parking
- Storage room
- Terrace
- To reform
5 Stars
Located on the edge of the Ibiza neighbourhood, next to El Retiro Park, this property enjoys a privileged setting. It is surrounded by tree-lined avenues, landmark buildings and a full range of amenities, including schools, local shops, fine-dining restaurants and excellent transport connections. The area combines the classical elegance of Madrid’s historic expansion district with the vitality of one of the city’s most important green spaces, creating a prestigious residential enclave with significant long-term value.
The east-facing orientation allows the property to receive direct natural light during the early hours of the day, creating particularly bright and pleasant interiors from the morning onwards.
This penthouse is conceived as a blank canvas, offering the opportunity to create a completely bespoke project. A flexible home, capable of adapting to different ways of living. A penthouse with a private terrace, open views and three-metre-high ceilings, all within a classic building next to El Retiro Park. A combination of qualities rarely found in a single property, with exceptional potential for transformation.
The property has been fully stripped back and offers the future owner the opportunity to undertake a renovation entirely tailored to their preferences. This will allow for the creation of a fully bespoke project, with updated installations and finishes designed to meet the most demanding standards of today’s market.
The Ibiza-Retiro neighbourhood has long been considered a secure investment, supported by the strong demand for upper-floor properties close to El Retiro Park. Acquiring a home in this area represents a solid real estate asset, with greater resilience to the market fluctuations that may affect other locations.
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