3 Bedroom apartment for sale in Castellana, Madrid

Dils Lucas Fox presents this exceptional apartment to renovate, with 176 m² built and 160 m² usable space, in an elegant and representative building with a protected facade, in the heart of the Castellana neighbourhood , one of the most exclusive locations in Madrid.

The property is currently presented as a complete demolition, offering endless possibilities for design, layout , and customization. The current owners are providing the buyer with a fully optional renovation plan, which can be personalized to suit the new owner's tastes and needs.

The property boasts charming classic Madrid architecture, along with impressive 3.30-meter-high ceilings, generous spaces, and a versatile layout . Its west-facing orientation ensures abundant natural light throughout much of the day, enhancing the spaciousness and stately character of the building.

The property is located in the prestigious Salamanca district, in the sought-after Castellana area, in a prime location surrounded by luxury boutiques, renowned restaurants, galleries, and all the area's premium amenities . It also boasts excellent transport links and immediate access to the city's main thoroughfares.

This secure and well-established neighborhood is in high demand, making this property a prime investment opportunity with significant appreciation potential. The scarcity of properties of this type in the area makes this property an excellent opportunity for both a high-end primary residence and a strategic investment in the Madrid real estate market.

A unique property in one of the best locations in Madrid.

Energy rating pending.

Asking price: €3,530,000. Applicable taxes (ITP/AJD), as well as notary fees, registration fees, and other costs inherent to the sale, are not included in the price. The total acquisition cost may vary depending on the buyer's profile and the specific conditions of the transaction, which can be detailed upon request.

Property marketed by Dils Lucas Fox (Lucas Trading, SL with CIF B64125438), acting as a real estate intermediary.

The information provided is for informational purposes only, based on data provided by the property owner, and may be subject to change. It does not constitute a contractual offer.

• Representative building
• Protected facade
• West-facing
• Elevator
• Concierge
• To renovate
• Ceiling height: 3.30 meters
• Patios in good condition
• Miele Appliances
• Parking space (PAR)

• 3 bedrooms with en-suite bathrooms
• Spacious living-dining room
• Kitchen
• Laundry room
• Guest bathroom

Recoletos is located in the Salamanca district, in one of Madrid's most established residential areas . The neighbourhood is characterized by its wide, tree-lined avenues, its stately buildings from the late 19th and early 20th centuries, and its proximity to some of the city's main commercial and cultural hubs.

The area is located next to the Paseo de Recoletos and just a few minutes from Retiro Park, allowing residents to enjoy ample green spaces and areas for walking and sports. Nearby, you'll also find art galleries, museums, restaurants, cafes, and a wide selection of shops and boutiques.

Recoletos offers all the necessary amenities for daily life and boasts excellent connections via metro, bus, and commuter rail. Its location provides easy access to the centre of Madrid and allows you to walk to areas such as Plaza de Colón, Puerta de Alcalá, Serrano Street, and the Paseo del Prado.

The combination of its architecture, its range of amenities and its location makes Recoletos one of the most highly valued areas in the Salamanca district.