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Description
Spectacular stately home of large format, located in one of the most representative buildings of the most desirable street of Recoletos, exempt of IBI. Enormous possibilities of transformation, with easy updating, with the project proposed by the property, price apart, which can be personalised or individually. Ceilings of 3.7 metres high, mouldings and original carpentry and ironwork, melis pine floors and very large cubic space with south orientation and maximum luminosity. A real luxury in an unbeatable location.
Storeroom and porter’s lodge.
The property, inspired by the Farnese Palace in Rome, is an unprecedented stately monument that enjoys maximum protection and is exempt from property tax. Doorman and storeroom.
Layout:
Very spacious reception area in four rooms, with three huge balconies that look out through a stone balustrade onto one of the most sought-after streets in the capital. The property currently has three en-suite bedrooms and a large kitchen with several adjoining rooms.
The property proposes a redistribution of spaces to bring the kitchen closer to the social area, plus three or four bedrooms, respecting and enhancing the classic attributes of this magnificent home.
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 THSSESMAD0500
- Price 4500000€
- Built area 324 sqm
- Bedrooms 4
- Bathrooms 4
- Location Salamanca-Recoletos, Madrid
Attributes
- Central heating
- Doorman
- Height of more than three metres
- Storage room
5 Stars
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.
This property enjoys south orientation and enjoys important luminosity in the façade and through its ample patios.
The property is located in the best part of Recoletos, specifically in one of the capital’s iconic streets, very close to El Retiro Park and Puerta de Alcalá, in a representative building inspired by the Farnese Palace in Rome, designed in 1930 by the renowned architect Luis Sainz de los Terreros. The estate has a commemorative plaque awarded by Mayor Ana Botella in 2014, in honour of his legacy in Madrid’s architecture.
The building is in good condition and houses two flats per floor on three levels. The property has enormous potential with easy updating. The project of the property contemplates a redistribution that could be adapted to the buyer’s needs, with three or four large en-suite bedrooms and very good reception in several rooms, with designer kitchen, new installations and double access.
The Recoletos neighbourhood is always a safe investment, due to the high demand for this type of representative property, especially when we are talking about one of the most sought-after streets in the best quadrant. Acquiring a flat in this neighbourhood, in a representative building, exempt from IBI, means having a secure real estate asset that does not suffer the general market fluctuations that can affect other areas and that today has no ceiling.
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