The Sibarist

Unique property with lots of charm in Malasaña

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Description

The Sibarist, is exclusively selling a unique classic property in a representative 1900’s building, which has already obtained the licence to install a lift and is due to be installed during the third quarter of 2024.

The property maintains some of its attributes intact, such as the ceiling height of more than three metres, French balconies, melis pine floors and original woodwork. Located in a classic building in the popular neighbourhood of Malasaña, very close to Gran Vía and Plaza de España, an enclave that is being completely redefined as part of the capital’s new commitment to reconvert this area into a purely residential area, with the best commercial, restaurant and cultural offer, on a par with the main European capitals.

Spacious social area in several rooms and three bedrooms, ready to be upgraded at the buyer’s discretion.

The attic area is being fitted out to be used as storage rooms.

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Distribution:

The house, with ceilings of more than three metres, has a very good reception room in two rooms plus a separate dining room with two original fireplaces and three bedrooms, two of which are used as flexible spaces, with a comfortable master bedroom with its own bathroom.

The kitchen occupies the original space of the house.

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 THSSESMAD0588
  • Price 1150000
  • Built area 203 sqm
  • Bedrooms 3
  • Bathrooms 1
  • Location Malasaña, Madrid

Attributes

  • Height of more than three metres
  • Individual gas boiler

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 neighbourhood of Malasaña, 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 large 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 property enjoys a west facing façade and very good luminosity.

 

Opportunity to acquire a classic home with a lot of charm, located in a privileged setting, for history lovers who are attracted by the most popular streets of Madrid and the buildings from the beginning of the 20th century, in the most authentic and effervescent Madrid, next to one of the latest real estate and conversion challenges of the capital, the Plaza de España. It has the attributes of classic homes and very good possibilities for adaptation, in one of the most desirable areas, where history and the most avant-garde commercial offer go hand in hand, the most effervescent centre.

The property is in good condition, pending updating at the buyer’s discretion. It retains some of the most sought after attributes of this type of property, such as high ceilings, melis pine flooring and original woodwork enhanced by stylish decoration. The building has passed the ITE favourably in 2023. The installation of the lift is already approved and with all licenses in order, about to be executed.

The Malasaña neighbourhood is always a safe bet, 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 property surrounded by history and with the investment potential of the new real estate investment in Plaza de España, one of the driving forces of the capital, which will increase the value of the whole area.

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