MAD49975 €3,200,000 Apartment sold

3 Bedroom apartment for sale in Recoletos, Madrid

  • Bedrooms 3
  • Bathrooms 4
  • Floor plan 231m²

Magnificent apartment to renovate with balconies facing the street for sale next to El Retiro park, in the heart of Recoletos, Madrid.

Important features of this apartment

  • Concierge service
  • Lift
  • Period features
  • Period Building
  • Natural light
  • High ceilings
  • Wheelchair access
  • To renovate
  • Storage room
  • Service lift
  • Service entrance
  • Heating
  • Exterior
  • Balcony
  • Floor plan 231m²
  • Constructed area 231m²
  • Liveable area 208m²
  • Common Area 231m²

Everything you need to know about this apartment sold

Lucas Fox presents this 229 m² property to renovate in a representative building , a classic protected building from 1930, with high ceilings of 3.30 meters and four balconies facing the street: three with a continuous balustrade and a viewing point.

Located on the emblematic Alcalá street, within the Salamanca district, this prime property in Recoletos represents an unparalleled investment opportunity. Its strategic position ensures high demand and potential for revaluation, thanks to its proximity to points of interest such as Retiro Park and luxury commercial areas. La Finca , exempt from IBI and spill-free, together with its impressive views and accessibility, make it an attractive option for both investors and residents.

The property stands out for its height on the third floor, offering diagonal views of the Retiro Park from its numerous balconies and windows, allowing exceptional natural lighting and enviable views. The quality of life that this area offers, combined with the exclusivity of a classic building , guarantees an ideal property to live in or to put into profitability with a high rental occupancy. This property is not only a safe investment, but also a promise of growth in value and prestige in one of the most sought-after neighborhoods in Madrid.

This is a property with extensive renovation possibilities to customize to your liking.

The architecture and interior design project for the property reflects an exquisite fusion of modern classic style with a focus on timelessness and sophistication. The property, once acquired, will be transformed into a space that enhances spaciousness thanks to its high ceilings and large floor-to-ceiling windows, allowing an abundance of natural light and offering optimal cross ventilation. The kitchen, with a semi-integrated design, adapts to modern needs while maintaining an elegant and functional aesthetic. The bedrooms are spacious, each with its own en-suite bathroom , highlighting the main bedroom that includes a large integrated dressing room and a reading area, perfect for moments of privacy and relaxation.

This project places special emphasis on details and the use of natural materials, creating an environment that is not only luxurious but also deeply human and welcoming. The communal areas are designed to be permeable, with flexibility in circulation, facilitating a fluid and pleasant living experience. Indirect lighting adds a final touch of warmth, allowing the creation of diverse environments that reflect the sophistication and soul of craftsmanship, making this property a truly proud place to live.

Get in touch for more information.

Apartment sold


  • 3rd floor.
  • Representative building from 1930.
  • 4 balconies facing the street (3 with continuous balustrade + 1 viewpoint).
  • 3.30 meter ceilings.
  • Porter who lives on the building.
  • Bright.
  • Southerly aspect.

Distribution of this apartment

  • 3 rooms.
  • 3 bathrooms.
  • 1 toilet.
  • Living room.
  • Dining room.
  • Kitchen.
  • Entrance hall.

Recoletos, Madrid: Location and surroundings of this property

In the Recoletos neighbourhood , there are buildings of great importance, such as the National Library, the National Archaeological Museum or the church of San Manuel and San Benito. It is worth highlighting its proximity to El Retiro Park and it is also an important commercial area for luxury goods, also having some of the best restaurants in the city of Madrid.

The neighbourhood has metro line 4, which serves the Goya street axis with the Colón, Serrano and Velázquez stops, as well as line 2, with stops at Príncipe de Vergara and Retiro.

The Cercanías Madrid station that serves the neighbourhood is the Recoletos station, with connection to several lines, which is located under the Recoletos promenade, on the western edge of the neighbourhood.

Energy certificate for this property

Energy certificate for this property E

MAD49975 €3,200,000 Apartment sold

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