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Salamanca, Madrid
Elegant luxury apartment in Recoletos across from El Retiro
Price
€5,000,000
Engel & Völkers presents this superb south-facing exterior home with four balconies to the street. In the heart of the Recoletos area, you will find this real estate jewel, a wonderful property renovated with the highest qualities; with a built area of 241 m2. Renovation and interior design by the renowned architect Santiago Cuaik. Upon entering, there is a spacious living room that, thanks to its four street-facing balconies, is flooded with natural light throughout the day. The unobstructed views towards the emblematic Retiro Park add a touch of serenity and connection with nature. The high-quality finishes in all rooms reflect the attention to detail in the renovation. The wooden floors, classic moldings on the ceilings, and lighting have been carefully designed. The kitchen is equipped with state-of-the-art appliances and a functional design with high-end materials. This property features two bedrooms with en-suite bathrooms and a living area that could be converted into a bedroom, each designed to offer a tranquil retreat. The bathrooms, like the rest of the home, have been equipped with the best finishes, presenting a contemporary design. The combination of marble and design elements creates an elegant atmosphere that invites well-being. The building is classic with carved cornices and very well maintained, with a favorable ITE in 2020. It has concierge service during business hours.
Object type
Flat
Condition
Needs renovation
Rooms
3
Bedrooms
3
Bathrooms
3
Floor
1
Total surface
241 m²
Living area
241 m²
Usable surface
213 m²
Flooring
Parquet
Construction year
1900
Energy efficiency class
Energy certificate available
Yes
Energy certificate type
Consumption certificate
Type of heating
Radiator
Energy source
Central heating
The location is, without a doubt, one of the major attractions of this property. Situated in one of the most sought-after areas of Madrid. The Salamanca neighborhood is one of the most significant areas of Madrid both for its peculiar layout and for the residents who have traditionally inhabited its emblematic streets. Its construction dates back to the second half of the 19th century and corresponds to the urban expansion carried out during the reign of Isabel II. The precursor to whom it owes its name was José de Salamanca y Mayol, the Marquess of Salamanca from Málaga, who conceived a new site with carefully crafted buildings to house the aristocratic and bourgeois classes of Madrid. Of 19th-century style, it is characterized by its regular checkerboard layout with perpendicular streets. Its buildings are of special interest due to their architectural quality and the beauty of their facades. Traditionally, Salamanca was a residential area, especially inhabited by the political and economic elites of the country. In the last fifty years, this residential character coexists with other activities such as business, diplomatic, and especially commercial since it is one of the most important luxury fashion areas in the capital. The Buen Retiro Park is the true protagonist of this neighborhood of Madrid, which is bordered by Alcalá and O'Donnell Streets to the north, Doctor Esquerdo Street to the east, the Mediterranean Avenue and Reina Cristina Promenade to the south, and Alfonso XII Street to the west.
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Availability upon agreement. The offer is subject to change of price or withdrawal. The exposed information including the dimensions are illustrative. To confirm the dimensions, physical and legal circumstances of the sales and purchase deal the Agency recommends to consult an independent competent professional. The price does not include the taxes and costs. Corresponds to the purchaser the right to choose notary payment of the following taxes and costs: (i) in a first deliveries of buildings (new development) the Value-added Tax (IVA) and the Tax on Documented Legal Actions (AJD); (ii) in a second and subsequent deliveries of buildings the Property Transfer Tax (ITP); (iii) notary and registry tariff. For the rest of the information demanded by state and autonomous government regulations, please get in touch with the Agency.