The Sibarist

A renovation-ready retreat with spacious terraces in Recoletos

Description

On one of Recoletos’ most emblematic streets, just steps from El Retiro Park, sits this exclusive 457 m² property—a unique opportunity for a full renovation with extraordinary potential.

Currently configured as two separate units, the property offers unusual versatility: the possibility to merge them into a large, spacious family residence or to maintain one unit as an independent space.

Particular highlights include its expansive terraces, which serve as true extensions of the interior, and excellent natural light thanks to its three orientations. The current structure allows for an ambitious, fully customized reconfiguration, adapting the entire property to a high-end residential project.

An exceptional opportunity to create a one-of-a-kind home in one of Madrid’s most coveted locations.

Resident doorman, two parking spaces, and storage room included.

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Layout:

The property is currently organized as two independent units, a configuration that greatly enhances its versatility and strategic appeal.

The first unit, approximately 118 m², offers a balanced layout with two bedrooms, a living room, kitchen, and two bathrooms. Both the living room and one of the bedrooms have direct access to a pleasant 11 m² terrace, providing natural light and a seamless connection to the outdoors.

The second unit is arranged around a spacious entrance hall leading to a large living room with access to a spectacular 66 m² terrace—the property’s true differentiating feature and an exceptional space for creating a large outdoor living area. The unit also includes a separate kitchen, a staff bedroom with bathroom, a guest powder room, and a sleeping area comprising two bedrooms sharing a bathroom.

This dual configuration opens the door to an ambitious renovation project. Flexibility, scale, and large terraces in one of the city’s most coveted locations.

Photos: inspirational cover, rest of area.

We love designer homes, so for properties to be renovated that do not have an architectural or interior design project committed, we always recommend architectural and design studios that inspire us and that have created similar homes, which could be asked to carry out the renovation project. Sometimes we choose established figures and other times new talent, both national and international. Our dreams have no limits. Our recommendation is impartial and the client is free to decide who to work with on their project. To carry out this project, we were inspired by this one published in HOUZZ magazine. Do you like this style?

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 THSSESMAD1046
  • Price 4800000
  • Built area 457 sqm
  • Bedrooms 5
  • Bathrooms 4
  • Location Salamanca-Recoletos, Madrid

Attributes

  • Doorman
  • Garage
  • Storage room
  • Terrace
  • To reform

The Salamanca – Recoletos neighborhood is characterized by its wide streets and elegant buildings. It is also renowned for its stately façades, which make Madrid one of the most European capitals in terms of classical and avant-garde architecture. Salamanca is undoubtedly one of the most prestigious and elegant residential areas in Europe. Created in the mid-19th century by the marquis from whom it takes its name, over the years it has welcomed some of the city’s most distinguished personalities as well as its most prestigious shops, from international designers to high-end Spanish couture boutiques. Within just one square kilometer of the so-called Golden Mile, you have access to the most important fashion, design, and jewelry brands. This exclusive commercial area can be compared to New York’s Fifth Avenue or Paris’ Faubourg Saint-Honoré. The neighborhood is also home to some of Madrid’s most important museums, including one located opposite the property, whose gardens can be enjoyed from the main façade. The proximity to El Retiro Park adds further value to this area of Recoletos compared to the rest of Salamanca.

The property benefits from south, east, and west orientations, ensuring abundant natural light throughout the day—from sunrise to late afternoon.

A unique opportunity to design a bespoke residence in one of Madrid’s most prestigious addresses. Its generous size, large terraces, potential for subdivision or unification, and included garage make this property a truly exceptional asset, ideal for both residential use and investment.

The property requires a full renovation, allowing the buyer to fully customize the spaces and finishes, tailored to the highest standards of luxury living.

The Recoletos neighborhood is always a safe investment due to the high demand for these types of classic, prestigious, high-rise properties. Acquiring an apartment in this area means owning a secure real estate asset that is largely insulated from the market fluctuations that can affect other locations.

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