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A unique legacy in the heart of Recoletos
Description
Magnificent large-format property set within a historic building in Recoletos, on one of the most distinguished stretches of Paseo de la Castellana.
With nearly 300 sqm, high ceilings, generous proportions and three exterior balconies, the property combines elegance and natural light with a strong classical character adapted to contemporary living.
A residence of distinctive character, conceived for family life and intrinsically connected to the history of the building itself.
Layout:
The property is arranged around an elegant and generous entrance hall, which immediately conveys the scale of the interiors and leads to the main reception rooms.
The living room and dining room, clearly defined as separate spaces, open to the exterior through three balconies that bring in natural light, character and a pleasant connection with the surroundings.
The private area comprises three bedrooms, including a magnificent principal suite with dressing room and en-suite bathroom, as well as two additional full bathrooms and a guest toilet.
The layout is completed by an independent kitchen equipped with high-end appliances, an ironing and laundry area, a separate service entrance, and five balconies overlooking interior courtyards, providing natural light and ventilation to the secondary rooms.
The property also includes two parking spaces in Serrano Park.
For more detailed information, we invite you to visit our 5-Star section, which you will find further down on this page, after the images.
Details
- Reference THSSESMAD1183
- Price 4600000€
- Built area 297 sqm
- Bedrooms 3
- Bathrooms 4
- Location Salamanca-Recoletos, Madrid
Attributes
- Balconies
- Ceiling heights of more than three metres
- Central heating
- Concealed air conditioning
- Doorman
- Equipped kitchen
- Garage
- Original attributes
- Separate laundry room
5 Stars
Recoletos is one of the six neighbourhoods that make up Madrid’s Salamanca district. Located beside El Retiro Park, it is home to some of the city’s most significant landmarks, including the National Library of Spain, the National Archaeological Museum and the Church of San Manuel y San Benito. It is also one of Madrid’s leading luxury shopping destinations, centred around iconic streets such as Serrano and the surrounding avenues. Its stately architecture, proximity to El Retiro Park and exceptional retail offering make Recoletos one of the most sought-after neighbourhoods in Madrid.
The west-facing orientation of the main rooms allows for pleasant natural light throughout the afternoon, bringing warmth and depth to the interiors. The balconies also create a direct connection with the surrounding trees and urban life, resulting in a particularly appealing atmosphere during the later hours of the day.
Its greatest value lies in the combination of history, architecture and location. The building was originally constructed in 1904 and extended in 1919 by Antonio Palacios, and is protected under Level 2 structural heritage status. The three balconies overlooking Paseo de la Castellana, its generous proportions and the cultural legacy of the building make this property a particularly rare proposition within Madrid’s residential market.
The property has been fully renovated and is currently arranged as a family residence, combining the character of the original architecture with installations adapted to contemporary needs. It features ducted heating and air conditioning, as well as central heating. The documentation and plans relating to the renovation works have also been preserved.
Recoletos remains one of Madrid’s most established residential markets, with sustained demand for large-format properties set within distinguished classical buildings. Assets of this calibre tend to retain their appeal thanks to the scarcity of comparable properties, the prestige of the location and the enduring strength of demand in the area. A high-quality real estate asset with strong long-term value potential.
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