The pleasure of living in a penthouse with a private terrace where you can create a lush oasis

Almagro, one of Madrid’s most elegant and residential neighbourhoods, especially the well-known “golden triangle” where this property is located, is home to some of the city’s most emblematic buildings, constructed between the late 19th and early 20th centuries. It also hosts embassies, parks, museums, and art galleries, and in recent years several cultural institutions have settled here, such as the Spanish Film Academy and the Ibero-American Institute of Finland, offering film screenings, lectures, and exhibitions. Almagro also features a wide commercial offering, alongside traditional local shops that have served the neighbourhood for generations.

The south-west orientation fills the home with a particularly gentle, warm, and ever-changing light throughout the day. An essential attribute that enhances the interior atmosphere and strengthens its connection with the terrace.

A unique opportunity to create a bespoke home in one of Madrid’s most sophisticated areas. This penthouse retains the character and proportions of its original architecture, with երեք-metre ceilings, generous spaces, and a constant natural brightness that defines every room. Its elevated position turns it into a true vantage point over Madrid’s most classical skyline, where the architectural elegance of the neighbourhood coexists with the city’s contemporary energy.

The property is presented for renovation, a condition that greatly expands its possibilities and allows it to be completely reimagined. Its current state offers the opportunity to update the layout, installations, and interior language, while making the most of its height, orientation, terrace, and the character of the building. An excellent foundation for creating a highly personal, light-filled, and thoroughly contemporary home.

Almagro is always a safe investment. Acquiring a distinctive property with five balconies in this neighbourhood means securing a solid real estate asset, one that is far less exposed to the market fluctuations that may affect other areas.