Los Jerónimos can be considered the most cultural neighbourhood in the city. With the green lung of the Retiro Park and historic buildings such as the church of Los Jerónimos, which gives its name to the neighbourhood, the Prado Museum, the Marina and the Botanical Gardens among others, it is the most expensive and elegant residential area of Madrid, with some of the most representative buildings, built in the early 20th century.
It is the most expensive and elegant residential area of Madrid, with some of the most representative buildings, built at the beginning of the 20th century. Created in 1865 on land belonging to the now non-existent Real Sitio del Buen Retiro, it is bounded by Calle de Alcalá to the north, Avenida Menéndez Pelayo to the east, Paseo del Prado to the west and Paseo Reina Cristina to the south.
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The orientation of the property is northwest and it enjoys great luminosity as it is on the sixth floor.
Living in the neighbourhood of Los Jerónimos is a privilege, immersed in history, art and architecture and surrounded by the green lung of the Retiro Park, the Prado Museum and some of the most representative buildings in Madrid.
The enormous possibilities for refurbishment in a magnificent contemporary property, the location on the sixth floor and the views make this property very unique.
The state of the property requires a comprehensive intervention, to renovate facilities and adapt the layout to today’s needs. The contemporary construction of the building, which lacks load-bearing walls, helps. With a favourable ITE of 2020, it is in a perfect state of conservation.
The Jerónimos neighbourhood is always a safe investment, due to the high demand for this type of property and the scarce supply. Acquiring a property in a high-rise flat in this neighbourhood means having a secure real estate asset that does not suffer from the general market fluctuations that can affect other areas. The enormous possibilities for refurbishment give it a measurable added value.