The Sibarist

A hidden refuge in the heights

Description

Located in the heart of Recoletos, on one of the most emblematic streets of the Salamanca district, this penthouse for renovation represents a unique opportunity to experience Madrid’s most classic side through a contemporary lens.

One of its standout features is its spectacular 48 sqm terrace—an authentic privilege in the neighborhood—which seamlessly integrates indoor and outdoor living, ideal for creating an exclusive open-air lounge in the very center of Madrid.

Set within a stately building of representative character, the property preserves the timeless elegance of Madrid’s architecture, with a distinguished entrance hall that anticipates its historical and patrimonial value.

The property includes an ambitious renovation project, available for purchase separately, in one of the city’s most sought-after locations. Its interior spaces allow for a versatile layout, with the possibility of configuring up to three bedrooms in the more private area of the home, adapting to a modern and sophisticated lifestyle.

The property is completed with a storage room and a full-time doorman.

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Layout:

The renovation project proposes a fluid and balanced layout, designed to experience the home with natural ease and sophistication. From the entrance, the foyer subtly introduces the main living room, allowing an immediate reading of the space and the light that flows through it.

The living area is conceived as a spacious and welcoming environment that extends naturally onto the terrace, transformed into a true extension of the interior. This outdoor space is envisioned as an exclusive open-air lounge, featuring a discreetly integrated barbecue.

The kitchen, conceived together with the dining area as a single space, is designed as the heart of the home: a vibrant and functional setting for everyday living, where family mornings, shared meals, and daily life unfold effortlessly.

The private area is arranged independently, ensuring calm and privacy.

The project includes three bedrooms, all en suite, located in the quietest part of the home and conceived as personal retreats that combine comfort, intimacy, and elegance.

A renovation proposal that reinterprets the property through a contemporary lens, enhancing the relationship between spaces, light, and the experience of living in Madrid with character and distinction.

Photos: renders.

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 THSSESMAD1034
  • Price 3490000
  • Built area 218 sqm
  • Bedrooms 3
  • Bathrooms 3
  • Location Salamanca-Recoletos, Madrid

Attributes

  • Ceiling heights of more than three metres
  • Concealed air conditioning
  • Doorman
  • Equipped kitchen
  • Storage room
  • Terrace
  • To reform

The Salamanca–Recoletos neighborhood is characterized by its wide avenues and elegant buildings. Its stately façades further distinguish it, making Madrid one of Europe’s leading capitals in both classical and avant-garde architecture. The Salamanca district is undoubtedly one of the most refined and prestigious residential areas on the European continent. Created in the mid-19th century by the Marquis who gave it his name, it has, over the years, become home to some of the most illustrious personalities and the most prestigious boutiques in the city, including international designers and Spanish haute couture houses. Within just one square kilometer of the renowned Golden Mile, you will find the world’s most important fashion, décor, and jewelry brands. An exclusive commercial area often compared to New York’s Fifth Avenue or Paris’s Faubourg Saint-Honoré, it is also home to some of the capital’s most important museums, including the one located directly opposite the property, whose gardens can be enjoyed from the main façade. The proximity to El Retiro Park further enhances the value of this area of Recoletos within the Salamanca district.

West-facing, it offers exceptional natural light and dreamlike sunsets.

The terrace is the most distinctive feature of the property: a space conceived as a true outdoor room that extends the living area and redefines the experience of inhabiting the home. It becomes an open-air lounge where light, spaciousness, and privacy engage in natural dialogue, providing a distinctive character and an exceptional way of living the city.

The building is in impeccable condition, with a favorable ITE inspection. The renovation proposes a high-end project that respects original elements such as ceiling height and balconies, while introducing a functional and open layout.

The Recoletos neighborhood is always a secure investment, given the high demand for this type of classic property in representative buildings and on upper floors. Acquiring an apartment in this area means securing a real estate asset that is less affected by the general market fluctuations that may impact other zones.

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The Sibarist
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