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A blank canvas in the heart of Almagro
Description
In one of Almagro’s most exclusive and traditional enclaves, this exterior-facing property presents itself as a true blank canvas for creating an exceptional bespoke home. Located on the fourth floor of an elegant period building, on one of the neighbourhood’s most representative streets, it combines the stately character of classic Madrid architecture with particularly generous proportions and an orientation that allows for excellent natural light.
Its high ceilings, two balconies and bay window enhance the sense of space and brightness throughout. The current layout offers the flexibility to create a contemporary three- or four-bedroom home, tailored to different lifestyles and with the potential to fully restore and enhance the qualities of a property of this calibre.
A project with endless possibilities in one of Madrid’s most established and sought-after locations.
Layout:
Details
- Reference THSSESMAD1172
- Price 3220000€
- Built area 223 sqm
- Bedrooms 3
- Bathrooms 4
- Location Chamberí-Almagro, Madrid
Attributes
- Ceiling heights of more than three metres
- Doorman
- Original attributes
- To reform
5 Stars
The Almagro neighbourhood is one of Madrid’s most elegant and prestigious residential areas, particularly the renowned “Golden Triangle”, home to some of the city’s most distinguished buildings, many dating from the late 19th and early 20th centuries. The area is home to embassies, parks, museums and art galleries, as well as a growing number of cultural institutions that have established themselves here in recent years, including the Spanish Film Academy and the Ibero-American Institute of Finland, which host film screenings, lectures and exhibitions. Almagro also offers an excellent selection of shops and services, combining sophisticated boutiques with the traditional neighbourhood stores that have long formed part of its distinctive character.
South-facing, allowing for an abundance of natural light throughout the day and bringing brightness and warmth to the interiors. This particularly desirable orientation enhances the sense of space and creates a bright, welcoming atmosphere.
An exceptional opportunity to acquire a property for refurbishment in one of Madrid’s most sought-after locations, combining an unbeatable setting, an elegant period building and all the finest characteristics of classic architecture. With ceilings over three metres high and outstanding potential for adaptation, the property offers the perfect foundation for creating a truly bespoke home.
The property offers an excellent architectural foundation, with well-proportioned rooms and abundant natural light. It requires a full refurbishment, allowing the layout to be completely reconfigured and tailored to the future owner’s preferences and lifestyle.
Acquiring a property of this calibre in Almagro represents a solid, sustainable and attractive long-term investment. One of Madrid’s quintessential residential neighbourhoods, it is particularly sought after by local families while also enjoying strong appeal among international buyers. Market demand remains consistently high, reinforcing the area’s enduring value and investment potential.
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