Magnificent stately property from 1880 in Salesas

The Justicia neighbourhood takes its name from the High Court of Justice, which is located next to other emblematic buildings such as the church of Santa Bárbara, the Salesas Convent, the Pachá hall, one of the few rationalist buildings in Madrid, the Palacio de Longoria (Sociedad de Autores), an icon of modernist architecture, the Palacio de Villagonzalo, opposite which this building is located, and many more. The avant-garde commercial offer with fashion shops, restaurants and boutique hotels is combined with the intense cultural activity of its theatres and art galleries. Strolling along streets that have already become a must, such as Barquillo, Conde de Xiquena, Almirante, Orellana or Fernando Sexto, is a real delight. The well-kept façades are reminiscent of a Parisian neighbourhood. This is Madrid’s trendiest neighbourhood par excellence and one of the most revitalised in recent years. Specifically, this property is located in the most sought-after area, in one of the most iconic streets of the capital.

The property enjoys a north-south orientation between the façade and the courtyards.

Rare opportunity to acquire a main floor in a stately building dating from 1900, in very good condition, with garage and storage room, in the heart of the Salesas district. Possibility to recreate a personalised space or to contract, at a separate price, the ambitious project of the property.

The property needs to be reformed to adapt the distribution to today’s needs. It has an imposing chassis and is sold in its current state or with a project that postpones communicating spaces to achieve a fluid circulation, with large entrance hall and kitchen communicated in independent space, separate laundry room, guest toilet and three or four bedrooms en suite. New installations, concealed air conditioning and individual heating, thermal and acoustic insulation and first class materials. Parking space and storage room.

Investment in the Justicia neighbourhood is highly recommended given its very high demand and scarce supply, especially when it comes to exclusive properties, in a representative estate, in one of the most sought-after streets. It is one of the most revalued areas, in which an important effort is being made to turn around its streets, pavements, façades and squares. An exquisite environment, very well cared for and attractive for investment. A safe and sustainable value in the most Parisian neighbourhood in the capital.