The Sibarist

A classic Madrid home with three balconies in the heart of Las Cortes

Description

On one of the most representative streets in the Las Cortes district stands this property, located in a classic building of stately character that preserves the essence of traditional Madrid architecture.

Set within a 1911 building, with a lift and only two neighbours per floor, the property offers a calm and private scale that is unusual in the centre of Madrid.

With 260 m² built, this property to renovate provides an exceptional foundation for developing a contemporary project within a classical structure.

Its strategic position, just a few steps from some of the city’s main cultural landmarks, defines a setting where history, architecture, and urban life coexist naturally.

The presence of three balconies facing the street brings in natural light and a direct connection to the outdoors, reinforcing the representative character of the main rooms.

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Layout:

Currently in need of renovation, this property represents an opportunity to create a bespoke living space where classical architecture and contemporary design can coexist in balance.

The current layout, together with the presence of two independent entrances, offers great flexibility for envisioning different configurations, from a more domestic arrangement to solutions incorporating service areas or independent spaces.

Toward the interior, the property opens onto generously proportioned and bright courtyards, unusual in buildings of this type, allowing all rooms to enjoy excellent natural light throughout the day.

Photos: the first shows the apartment in its current condition; the remaining images show the surrounding area.

For more detailed information, we invite you to visit our 5-star section, which you will find further down this page, after the images.

Details

  • Reference THSSESMAD0969
  • Price 1890000
  • Built area 260 sqm
  • Bedrooms 4
  • Bathrooms 2
  • Location Las Cortes, Madrid

Attributes

  • Balconies
  • Ceiling heights of more than three metres
  • To reform

This property is located at the gateway to the Las Cortes district, right on the Prado-Recoletos axis, between the city’s most important museums, the Botanical Garden, and Congress, and close to Plaza de Canalejas, currently the capital’s most significant real estate development thanks to the creation of luxury residences and a five-star hotel within the classical setting of Madrid’s historic centre. It represents the largest investment made in the real estate sector in recent years and has transformed the area’s market, both in terms of supply and demand. As this was the neighbourhood of several writers from Spain’s Golden Age, it is also known as the Literary Quarter. It even has a third name, Huertas, which comes from one of the district’s most famous streets. The Prime Cortes area, where this property is located, is more exclusive in character due to the stately architecture of its buildings, and lies next to the Landscape of Light, recently declared a UNESCO World Heritage Site.

This property enjoys a south-facing orientation and stands out for its excellent natural light throughout much of the day. Its large windows and balconies bring in a very pleasant brightness and enhance the outward-looking character of the living spaces.

A magnificent opportunity to acquire a true blank canvas in the heart of the Landscape of Light, within a stately 1911 building and in one of the most sought-after locations in Las Cortes. Its 260 m², three street-facing balconies, the spaciousness of its interior courtyards, and the presence of two independent entrances create an exceptional foundation, full of light, character, and possibilities—ideal for developing a unique project where historic elegance and contemporary design coexist in perfect harmony.

The building is well maintained, with carefully preserved common areas and a solid structure that allows for a renovation respectful of the original architecture. Its current condition makes it possible to undertake a full refurbishment tailored to the future owner’s needs.

Las Cortes is always a safe and enduring value, thanks to its undeniable historical importance and the investment made in recent years in the improvement and renovation of façades, streets, and squares. The Canalejas–Landscape of Light connection has benefited from the major investment that has transformed the entire area and is considered the driving force of the capital’s real estate market. A secure and profitable asset with significant upside potential.

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The Sibarist
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