The Sibarist

Magnificent property for refurbishment in Recoletos Prime

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Description

Exclusive property located in one of the most desirable streets in Madrid, in the best quadrant of Recoletos, a stone’s throw from the Retiro, the Puerta de Alcalá and the best shopping and dining options in the capital.

A representative building dating back to 1900, in very good condition, with the stately character of this type of property intact.

The property is ready to be refurbished with endless possibilities to recreate an avant-garde space in the most classic surroundings, with two beautiful French balconies, a large veranda and 309 m2 built.

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Distribution:

The property is sold in its current state, pending refurbishment, or with turnkey project, which proposes three en-suite bedrooms plus service area, large designer kitchen close to the social area and separate laundry room, with important social area. With first class qualities to give back to the property the category of these 1900’s buildings with the technology and materials of today.Individual hot water.

Inspirational cover photo. Source: AD magazine

Details

  • Reference THSSESMAD0351
  • Price 3300000
  • Built area 309 sqm
  • Bedrooms 3
  • Bathrooms 3
  • Location Recoletos, Madrid

Attributes

  • Doorman
  • Individual heating

Recoletos is one of the six neighbourhoods into which the Salamanca district of Madrid is divided. Located next to El Retiro Park, this neighbourhood is home to important buildings such as the National Library, the National Archaeological Museum and the Church of San Manuel and San Benito. It is also an important shopping area for luxury goods, with iconic streets such as Serrano and its surrounding streets, where this flat is located. Its stately buildings, such as the one that houses this property, its proximity to the Retiro Park, and its commercial offer make this neighbourhood one of the most sought after in Madrid.

The property enjoys a north facing façade. It has a very nice light and good interior courtyards. The location on the fourth floor favours luminosity.

Magnificent opportunity to recreate a space in a personalised way or to acquire a turnkey project of top quality, in 309 m2 built in a representative building from 1900, with an unbeatable location.

The surface area has enormous possibilities for refurbishment, more than 300 m2 that give a lot of scope to achieve a distribution that meets today’s needs, spacious and communicated spaces and high ceilings. The optional refurbishment project includes first class qualities, new installations and state-of-the-art technology.

The Recoletos neighbourhood is always a safe investment, due to the high demand for this type of property, classics in representative buildings, especially when we are talking about a property on the fourth floor, in a representative building and located in one of the iconic streets. Buying a property in this quadrant means having a secure real estate asset that does not suffer from the general market fluctuations that can affect other areas.

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