description

Lucas Fox presents this penthouse apartment to renovate sale in one of the most exclusive locations in the Recoletos neighbourhood , in the centre of Madrid. The apartment boasts 220 m² of living space and a private terrace of 26 m², a rare feature in this area, allowing residents to enjoy an exterior living space. The property is notable for its 3.5-meter-high ceilings throughout most of the space, creating a feeling of spaciousness. In the turret area, a unique feature, the ceilings reach 4.5 meters, making it a distinctive architectural element, ideal as a large living room, study, or social area. The property is currently being offered to renovate, allowing the buyer to design a completely customized project. The floor plan presented here is a proposed renovation designed to optimize the spaces, improve the layout , and maximize natural light, as well as the connection between the interior areas and the terrace. Therefore, it is a particularly attractive option both for those seeking a high-end primary residence and for investors who appreciate its significant potential for appreciation. The property boasts an unbeatable location, surrounded by stately buildings, luxury boutiques, and iconic restaurants, and just minutes from Retiro Park, in one of the city's most prestigious areas . It has great potential to become a luxury property in Recoletos. In compliance with the information obligations provided for in Law 10/2025 on Customer Amenities and Transparency, it is stated that notary and registration expenses, as well as the property transfer tax (ITP) of the autonomous community where the property is located, are not included in the price.