Spectacular blank canvas in the iconic street of Recoletos

The Salamanca – Recoletos neighbourhood is characterised by its wide streets and elegant buildings. It also stands out for its stately facades, which make Madrid one of the most European capitals in terms of classical and avant-garde architecture. The Salamanca neighbourhood is undoubtedly one of the most elegant and prestigious residential areas on the European continent. Created in the mid-19th century by the marquis after whom it is named, over the years it has been home to the most illustrious personalities and the most prestigious shops in the city, both international designers and Spanish haute couture boutiques. Just by walking one square kilometre of the so-called Golden Mile, you have the biggest and most important fashion, decoration and jewellery firms within your reach. An exclusive shopping area that can be identified with the Fifth Avenue in New York or the Faubourg Saint-Honoré in Paris and some of the most important museums in the capital, such as the one located in front of the property, whose gardens can be enjoyed from the main façade. The proximity of the Retiro Park gives this area of Recoletos an added value compared to the Salamanca neighbourhood.

The orientation of the property is south and it receives sunlight all day long.

Unique property, ready to refurbish in an excellent location just a stone’s throw from Puerta de Alcalá and El Retiro Park, with magnificent views from the fourth floor, in a classic building. It can be purchased in its current state before refurbishment or with a separate ambitious project (renderings in the report).

The property is in need of a complete refurbishment. The property’s proposal would include a total redistribution of spaces to eliminate architectural barriers and enlarge spaces, thus achieving a fluid circulation and maximum luminosity. First class installations, with concealed air conditioning, thermal and acoustic insulation and top of the range electrical appliances in the kitchen, with independent laundry.

El barrio de Recoletos es siempre una inversión segura, por la elevada demanda de este tipo de inmueble que además está ubicado en una de las calles más emblemáticas de la capital. Adquirir una propiedad en este barrio supone disponer de un activo inmobiliario con un valor asegurado en el tiempo, libre de las fluctuaciones del mercado que puedan afectar a otras zonas.