description

Located in an elegant, representative building with a protected facade, in the heart of Castellana, this exceptional property of 176 m² built and 160 m² usable space represents a unique opportunity to create a truly singular residence in one of the most exclusive addresses in Madrid. Currently completely demolished, the property presents itself as a blank canvas, offering endless possibilities for design and layout. The current owners are offering the buyer a fully optional and customizable renovation project, designed to meet even the most demanding tastes and needs. The property retains the charm of classic Madrid architecture, distinguished by its impressive 3.30-meter-high ceilings, generous volumes, and a versatile layout that allows for complete freedom in reinterpreting the space. Its west-facing orientation ensures ample natural light throughout much of the day, enhancing the spaciousness and stately character of the building. Located in the prestigious Salamanca neighbourhood , in the sought-after Castellana area, this property combines exclusivity, elegance, and a prime location surrounded by luxury boutiques, renowned restaurants, galleries, and all the premium amenities that define the most sophisticated lifestyle in the capital. It also boasts excellent transport links and immediate access to the city's main thoroughfares. The secure, well-established, and highly sought-after environment guarantees solid asset stability and significant appreciation potential. The scarcity of properties with these characteristics in the area makes this property a superb opportunity, both for a high-end primary residence and for strategic investment in the Madrid real estate market. A unique property in one of the best locations in Madrid. Energy rating pending. Sale 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, and can be detailed upon request of the interested party.