Prices from €1,650,000 New development

GMC19 - An exclusive new luxury development in Almagro, Madrid

GMC19 - A new development of 27 exclusive apartments and penthouses for sale in Almagro, Madrid.

  • Units available 27
  • Bedrooms 2, 3 & 4
  • Sizes from 197m²
  • Rental yield up to 4.73%

GMC19 - A new development of 27 luxury apartments and penthouses for sale in a historical building at the heart of the coveted Almagro neighbourhood with pool, gym, spa, terraces and parking.

Exclusive new development in a prime location within the Almagro neighbourhood of Madrid, mere steps away from Paseo de la Castellana and the luxury shops on Calle Serrano.

The development is located in an elegant early twentieth century building with a lovely classic façade with elaborate decorative details. The building will be fully refurbished and will provide 27 luxury apartments and penthouses with outstanding communal services such as a fully equipped gym and spa with a dressing room, an indoor pool and a rooftop infinity pool, indoor pool on the ground floor, parking facilities and storage rooms.

The elegant residences within this development have been designed with a focus on light, space and clean lines. Properties range in size from 199 m² to 457 m² and have spacious modern living areas, bright, high spec kitchens and bathrooms and 2-4 bedrooms. The 3 duplex penthouses boast their own private terrace leading off of the living area and an additional rooftop terrace.​

A wonderful opportunity to acquire a brand new luxury home in the city's most sought after location.


  • Prime location in Almagro
  • 2-4 bedroom apartments and penthouses to choose from
  • Premium communal facilities
  • Elegant interior design
  • Private garage parking and storage rooms
  • Excellent connection to the entire city, surrounding areas and airport
  • Exceptionally high-quality finishes
  • Rooftop with a swimming pool, terraces, spa and gym

Units in this development

Type Status Floor Distribution Size Rental yield
Apartment €1,650,000 Floor 1 3 Bedrooms 4 Bathrooms 219m² 4.51%
Apartment €1,700,000 Floor 2 3 Bedrooms 3 Bathrooms 222m² 4.73%
Apartment €1,850,000 Floor 2 3 Bedrooms 4 Bathrooms 220m², Terrace 2m² 4.61%
Apartment €2,000,000 Floor 4 3 Bedrooms 4 Bathrooms 220m², Terrace 1m² 4.56%
Apartment €2,200,000 Floor 6 3 Bedrooms 4 Bathrooms 220m², Terrace 1m² 4.36%
Apartment €2,300,000 Floor 1 3 Bedrooms 3 Bathrooms 396m² 4.17%
Apartment €2,650,000 Floor 5 4 Bedrooms 4 Bathrooms 277m², Terrace 1m² 3.85%


This new development is ideally located on a wide tree-lined avenue in front of low rise historical buildings in the Almagro neighbourhood. Surrounded by many services, shops and supermarkets, as well as landmarks such as the Sorolla Museum.

Almagro forms part of the Chamberí district of Madrid and is widely considered the most desirable area to live in the centre thanks to its attractive leafy streets and historical buildings and the proximity to Paseo de la Castellana and Calle Serrano, the city's best shopping area.

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Next steps

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