The Sibarist

Spectacular corner property with five balconies in the heart of Salamanca

Description

Exclusive property to renovate, located in a distinguished classic corner building in the heart of the Salamanca district, one of Madrid’s most sought-after areas.

Its privileged position and five street-facing balconies make the home exceptionally bright, with natural light flowing throughout the day and enhancing the beauty of its proportions.

This residence preserves all the character of traditional Madrid architecture, featuring generous ceiling heights, elegant exterior openings, and a layout that invites reinterpretation.

The uniqueness of its corner setting and the spaciousness of its rooms allow for the creation of a home where spaces flow harmoniously, naturally connecting social and private areas.

With ample volume and multiple possibilities for reconfiguration, this property is presented as an ideal canvas for developing a contemporary project in dialogue with the building’s classical essence—an environment where modern living can be adapted without sacrificing style, light, and Madrid’s timeless elegance.

Layout:

The property requires a full renovation and a complete reconfiguration of its spaces, conceived to enhance every corner of this exclusive residence. The proposed design envisions a spacious open-plan reception area, created to maximize natural light, a sense of openness, and the seamless connection between different living spaces.

The social area is arranged around an elegant open space that integrates the living room, dining area, and kitchen. It also includes a separate laundry area and a guest powder room.

In the private area, the plan features three en-suite bedrooms, each with its own walk-in closet, as well as a family room that can also function as a guest bedroom.

The property also benefits from a service entrance, adding an extra level of functionality to a layout designed to suit a contemporary lifestyle.

For more detailed information, we invite you to visit our 5-Star section located further down on this page, just below the images.

Details

Reference THSSESMAD1079
Price 4500000€
Built area 266 sqm
Bedrooms 4
Bathrooms 5
Location Salamanca-Recoletos, Madrid

Attributes

Balconies
Ceiling heights of more than three metres
Doorman
Original attributes
To reform

5 Stars

The Salamanca–Recoletos district is characterized by its wide avenues and elegant buildings. It is also renowned for its stately façades, which make Madrid one of Europe’s foremost capitals in terms of both classical and avant-garde architecture. The Salamanca district is undoubtedly one of the most elegant and prestigious residential areas on the European continent.Created in the mid-19th century by the Marquis who gave it its name, it has, over the years, become home to some of the most distinguished figures as well as the city’s most prestigious shops, from international designers to Spanish haute couture boutiques. Within just one square kilometer—known as the “Golden Mile”—you will find the most prominent names in fashion, décor, and jewelry. This exclusive shopping area can easily be compared to Fifth Avenue in New York or Faubourg Saint-Honoré in Paris. It is also home to some of the capital’s most important museums, including the one located directly opposite the property, whose gardens can be enjoyed from the main façade. The proximity to El Retiro Park adds further value to this area of Recoletos within the Salamanca district.

Its southwest orientation provides cross-lighting and maximum brightness thanks to its privileged layout.

A rare opportunity to acquire an XL asset in a prestigious building in an unbeatable location, in the most sought-after heart of the iconic Golden Mile. A magnificent structure with enormous renovation potential. A true luxury with the option to customize either independently or in collaboration with the developer, at an additional cost.

The property offers endless renovation possibilities as it has no load-bearing walls. Its generous volume and ceiling height allow for multiple options to enhance natural light and optimize circulation and layout. The project envisions an open-plan social area, three en-suite bedrooms plus a flexible additional room, as well as a service area (available at an additional cost). It features new installations, thermal and acoustic insulation, concealed air conditioning, and a fully equipped kitchen with high-end appliances. Noble materials are used throughout the property, including oak wood flooring.

The Recoletos neighborhood within the Salamanca district is always considered a safe investment, due to the strong demand for this type of classic property in representative buildings. Acquiring an XL asset on an upper floor in this area means securing a real estate investment that is safe, unique, and highly distinctive—one that is less exposed to market fluctuations that may affect other areas.

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