3 Bedroom penthouse with 17m² terrace for sale in Almagro, Madrid

Lucas Fox presents this extraordinary penthouse on the seventh floor of an elegant classic building with stately architecture from the 1920s in Chamberí, in the Almagro neighbourhood .

The property is being sold as a complete demolition, ready to be designed and customized to the new owners' specifications. The current owners are offering an optional, fully customizable renovation plan, with the possibility of creating three bedrooms and four bathroom, allowing the property to meet even the most demanding needs.

Thanks to its southerly aspect and 3-meter high ceilings, it receives abundant natural light throughout the day, with unobstructed views and exceptional privacy.

The property boasts a surface area of 211 m² and a modern layout that includes three bedrooms with en-private bathroom, a separate dining room , a kitchen with a pantry, three bathrooms, and two covered terraces that can be converted into additional living spaces or created pleasant outdoor areas . It retains original details such as classic moldings that add character and elegance.

The building has a concierge , cage elevator, storage room and parking space (PAR), amenities highly valued in the area that reinforce the residential and heritage appeal of the property.

The property is located in the prestigious Almagro neighbourhood , one of Madrid's most exclusive and sought-after areas, surrounded by stately buildings, embassies, and a carefully curated cultural attractions, gastronomic, and leisure activities. Furthermore, it offers a high quality of life and quick access to the city centre and other key areas, thanks to its proximity to premium amenities , select shops, and prestigious educational institutions, along with excellent connections via metro, buses, and commuter rail.

High rental demand from professionals and families makes this property an excellent investment opportunity with great potential for profitability and appreciation. Contact us for more information.

• 7th floor
• Classic building
• 2 terraces
• Concierge
• Storage room
• PAR Parking
• Elevator
• Exterior
• 3-meter ceilings
• Air-conditioning
• Service staircase
• Southerly aspect

• 3 bedrooms
• 4 bathrooms
• Living room
• Dining room
• Kitchen

Almagro, located in the Chamberí district, is one of Madrid's most prestigious and sought-after neighborhoods. It's renowned for its stately architecture and established residential character, with mansions, classic early 20th-century buildings, embassies, and high-end residences lining its streets. It offers a peaceful atmosphere with excellent transport links and all amenities.

The neighbourhood boasts a wide cultural attractions, gastronomic, and leisure activities. Here you'll find art galleries, theaters, museums, fine dining restaurants, and iconic cafes, making Almagro a very attractive place for both residents and visitors. The area is especially valued by professionals, families, and expats, thanks to its safety, quality of life, and sophisticated atmosphere.

Almagro also stands out for its excellent amenities and amenities: prestigious schools and educational centers, exclusive shops, gourmet supermarkets, health centers and high-level gyms.

In terms of mobility and connectivity, the neighbourhood offers quick and easy access to the entire city. It has several metro stations, bus lines, and commuter rail services that allow you to reach the historic centre , the financial district, and other key points in Madrid in just a few minutes, making Almagro a strategic location.

Almagro offers the tranquility of a residential neighbourhood without sacrificing proximity to Madrid's finest cultural attractions . For investors, it's a location with high property appreciation potential due to its established character, consistent demand for high-end rentals, and planned urban modernization.