Seven balconies overlooking the skyline of the most effervescent city centre

With a magnificent location, the Malasaña- Conde Duque area is being completely redefined, with boutique hotels and fashionable restaurants, as part of the capital’s new commitment to reconvert the whole area into a purely residential area, with the best shopping, dining and cultural offer, on a par with the main European capitals. This neighbourhood is bordered by the streets of Princesa, Gran Vía, Fuencarral, Carranza and Alberto Aguilera. Widely known for being one of the trendiest neighbourhoods in Madrid, it is famous for its bars, vintage shops, bookshops, restaurants of the most diverse origins, street markets and history, which define the Malasaña neighbourhood, which has a lot to offer and which was nothing more and nothing less than the icon of the mythical Spanish movida in the 70s and 80s, where bars like the Penta and Vía Láctea keep a great part of the contemporary history of the beautiful Malasaña. Historically, it represents Madrid’s resistance to the French occupation with characters such as Manuela Malasaña (after whom the neighbourhood is named), Daoiz y Velarde and emblematic locations such as the Plaza del Dos de Mayo. The property is located in the vicinity of the Gran Vía and Plaza de España, which is being redefined and is set to become one of Madrid’s most attractive hubs, with luxury hotels, cultural offerings, in a landscaped setting and with some of Madrid’s most representative buildings.

The orientation of the property is south and east, with two corner facades and spectacular views over the rooftops of Malasaña. Maximum luminosity as it is on the top floor.

This property is located in a privileged setting, for history lovers who are attracted by the most popular streets of Madrid, the buildings of the late nineteenth and early twentieth century, in the most authentic Madrid, between one of the last real estate challenges and reconversion of the capital, the Plaza de España and the effervescent neighbourhood of Justicia. A space with a lot of charm, where the sensation of spaciousness due to its high ceilings and unobstructed views and the good vibes are in every corner. Seven balconies and an attractive and highly profitable project.

The property is in need of a complete refurbishment that can be undertaken on a personalised basis or with the turnkey project at the indicated price, which includes a complete redistribution to provide the property with two good bedrooms with their bathrooms and a magnificent social area with designer kitchen, all facing the exterior through its seven balconies with spectacular views from two façades. New installations, thermal and acoustic insulation, concealed air conditioning, individual heating and kitchen equipped with top of the range appliances.

The Malasaña neighbourhood is always a safe value, due to its high demand and the investment that has been made in recent times in the refurbishment and renovation of façades, streets and squares. This is a great opportunity to acquire a very unique, avant-garde and practical property in a historic setting.