Paseo del Arte: art and real estate treasures

Madrid is fashionable and has become a magnet of attraction for large estates not only for its location, climate and privileged lifestyle, but also for its rich cultural and artistic background.

Some of the most beautiful palaces and buildings in Madrid are spread along the Paseo de Recoletos and Paseo del Prado, the final part of what is known as the Prado-Recoletos axis that, together with the Castellana, runs through Madrid from north to south. These buildings, dating from the second half of the 19th century, came to colonize the residential residential area known as the Salón del Prado, a beautiful urban reform undertaken at the end of the 18th century by the Count of Aranda, during the reign of Carlos II, to clean up the Prado de los Jerónimos, a green space that delimited the city on its eastern slope. Many of the trees, and almost all the fountains, benches and statues that we still enjoy today in its boulevards were born then. And although today these small palaces are used for public or institutional functions, on both sides of the Prado axis, residential life is still alive, with wonderful apartments, most of them about 200 square meters, the result of later segregations, as the original ones were around 1,000 square meters. These are highly valued properties, especially on the eastern side, in the Retiro and Jerónimos areas.

Large homes, stately façades, often with a French-style air in their balconies and mansards, with high ceilings and stately portals. Jerónimos also stands out in prices, with an average of almost 15,000 euros/m2 and properties with special views or features that remain at 18,000 euros/m2.

But if something makes this promenade special, it is not only its real estate gems, but especially its cultural ones. The incalculable value of the Prado and Thyssen Bornemisza Museums, which together with the Reina Sofia, in the adjacent Atocha street form the Paseo del Arte, also known as Landscape of Light, declared a UNESCO World Heritage Site in July 2021, make these neighborhoods the cultural epicenter of all Spain. It is to live in History and next to the green lungs of the center of Madrid, the Retiro Park and the Botanical Garden.

The luxury of the first plants

Today we especially value the upper floors of a building, with the penthouses at the top as the jewels of any development. But during the nineteenth and early twentieth centuries, urban growth meant that the upper bourgeoisie (in many cases they owned the entire building) reserved the first two floors for living, and rented the rest. The elevator did not become massively popular until the second half of the twentieth century, and with it the demand for high floors.

This property The kitchen has always been a neuralgic point of the house, but now it is no longer hidden, as in this house where this space articulates the living room and the passage to four bedrooms en suite. of 239 m2 located precisely on the second floor of a 1925 building is, precisely, a great example of how these first heights were cared for, inside and out. And although the house has undergone a complete renovation to adapt it to today’s needs and comfort, its high ceilings, its four beautiful French balconies and its wonderful staircase and entrance door still connect us with that moment in history.

The kitchen has always been a neuralgic point of the house, but now it is no longer hidden, as in this house where this space articulates the living room and the passage to four bedrooms en suite.

The charm of the attic

Precisely the change we mentioned about the arrival of the elevator to the vertical construction has made that nowadays the top floors are the most sought after, whether they are enjoyed in an attic with terrace, as if it is done, as in this property, in attic form and with all the brightness of a sixth floor. Its size of 86 m2 makes it the perfect pied à terre in the Spanish capital.

The house has a main area consisting of living room, integrated kitchen, master bedroom with en suite bathroom and dressing room plus a second bedroom and guest bathroom. The cozy charm of an attic is further enhanced by beautiful wooden beams in different parts of the house.

The special light of the Paseo de la Luz

The name with which UNESCO has baptized this axis of the Paseo del Prado, part of Atocha and Retiro undoubtedly alludes to that special light of Madrid that many people are captivated by and that is especially appreciated in places like these great boulevards or the Retiro Park itself. Or in homes as privileged as this sixth floor we have for sale in one of the most stately buildings in the neighborhood of Los Jerónimos.

The house has a built-in terrace extending the luminous effect. It has a large reception area with guest toilet, three bedrooms and three bathrooms. The large living room, with integrated kitchen in the background and a diaphanous effect has a beautiful stone and brick fireplace.

In addition, it is renovated with the first qualities of the market and with a careful use of wood throughout all the spaces that gives it a special warmth. It has storage room, doorman and parking space in the adjoining PAR, three things highly valued in this area.

Enjoy the best groves of Madrid in a signature penthouse

As we have explained, this entire axis was designed for the enjoyment and recreation of the inhabitants of Madrid, with lots of green spaces and groves of trees that we continue to enjoy today. But some do it in a special way, as will the lucky owners who acquire this original 125 m2 penthouse surrounded by a perimeter balcony with spectacular views of the Landscape of Light and the gates of the Cortes neighborhood.

The house has an organized social area, plus two bedrooms, plus a third flexible room. The kitchen serves as the entrance of the house, without detracting from it, as it is exquisite with a separate island and the best design and qualities.

In addition, on the rooftop, there is a studio that can be used as a workspace or play area, with access to a wonderful chill out area with a garden for communal use.

Madrid’s green lung (and premium)

Although the Retiro Park is called the ‘green lung’ of the city, it is true that it is not the only one, but it is the most privileged, because it is in addition to some streets and houses so valued. This is the case of this property of 256 m2 with frontal views to the Park. In addition, it is delivered turnkey renovated with the best qualities, has been distributed in three bedrooms en suite, and living room with integrated kitchen to enjoy the views without architectural barriers and the 3.20 meters high that has the entire property.

The social and restoration epicenter of the district

The park of El Retiro, with its two 118 hectares belongs administratively to the Retiro district, but articulates very different neighborhoods on each side of its perimeter. On the northeast side is the neighborhood of Ibiza, which was and has returned to do it again with force one of the hotspots of gastronomy and social life of Madrid, while retaining the neighborhood life so valued, with its stores and local population. This last property that we present to you, is a bright property recently renovated and located on the third floor of one of the most popular streets of this neighborhood.

It has two bedrooms and a large social area, the most demanded format in a magnificent location. As we have also seen in other properties, the kitchen area is not hidden, but its quality is such that it is integrated into the hall area.

The artistic, historical and real estate value of the entire Paseo del Prado axis is precisely such that it dazzles both national and high net worth owners. Because good taste and quality of life know no borders.