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Description
Spectacular corner apartment in a stately estate located in the heart of the Almagro Prime neighbourhood, the residential area par excellence of the capital, which is home to some of the most sought-after streets. Ceilings of 3.5 metres, original mouldings and large balconies with unobstructed views, where you can still breathe the atmosphere of 1900, in a representative building, very well cared for and with an unbeatable location. The 400 m2 house is in need of renovation. It has a superb chassis and enormous possibilities to update facilities and adapt the distribution to today’s needs and its dual residential and office use increases its profitability options. Basement storage room of 20 m2 with two large balconies to the central courtyard which could be joined to the flat and a second storage room of 13 m2 in the attic. Doorman with a flat in the property.
Layout:
At present, the property has a large entrance hall and spacious reception area, in four adjoining rooms occupying the corner of three balconies plus three others, south facing with unobstructed views, and the daily dining room with the office plus a guest toilet. In the private area, with floor-to-ceiling balconies in all rooms overlooking a large central courtyard, we find the master bedroom with a dressing room with a beautiful protected original “art nouveau” stained glass window and en suite bathroom, plus two further bedrooms sharing a bathroom.
The kitchen is at the back of the house, which still retains the original layout, next to two bedrooms and a service bathroom with separate entrance. It could be moved to the social area without any problem.
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 THSSESMAD0392
- Price 3100000€
- Built area 399 sqm
- Bedrooms 4
- Bathrooms 3
- Location Chamberí-Almagro, Madrid
Attributes
- Central heating
- Doorman
- Storage room
5 Stars
The district of Almagro, one of the most residential and elegant in Madrid, especially the so-called “golden triangle”, where this house is located, is home to some of the most representative buildings, built between the end of the 19th century and the beginning of the 20th century. It is home to embassies, parks, museums and art galleries, and in recent years it has been the site of a number of art centres, such as the Film Academy and the Ibero-American Institute of Finland, which offer films, conferences and exhibitions. Almagro also has a wide range of shops and traditional neighbourhood shops.
The orientation from the façade is south-west with unobstructed views. Six south facing balconies and the chamfered main living room facing west. In the rear area the property enjoys east orientation with morning light.
The property occupies the mezzanine floor of a very representative building and retains the classic attributes of this type of dwelling. Ceilings of 3.5 metres and original mouldings. The six balconies provide this corner property with open views and remarkable spaciousness in the social area. All the bedrooms in the interior area have floor-to-ceiling balconies and overlook a large central courtyard that has been recently refurbished. This is an imposing property perfect for recreating a more contemporary space in an early 20th century atmosphere in a prime location.
The property has dual commercial and residential use, allowing the purchase to be approached with different business options as an institutional headquarters or as a residence.
The property needs an integral intervention to provide it with new installations and adapt the distribution to the particular needs of the buyer. It has a magnificent chassis and 400 metres with an important cubic capacity due to the height of the ceilings, a large central courtyard plus two others that provide luminosity and a storage room with two balconies to the large central courtyard.
The Almagro neighbourhood is always a safe investment, especially in iconic streets such as the one occupied by this property. Acquiring a representative property in this dual-use neighbourhood 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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