Penthouse for sale to renovate in a representative classic building in Recoletos, Madrid.

Located on the fifth floor, this exterior property boasts 220 m² of living space and impressive 4.2-meter-high ceilings that create a spacious feel. The building is currently being demolished, offering a blank canvas for a complete renovation. This allows for complete freedom in configuring the spaces, adapting the layout to the future owner’s needs and making the most of the building’s original structure.

The potential design includes an entrance hall leading to an open-plan social area, illuminated by two balconies with pleasant green views. This space can accommodate three distinct areas: a large living room, a flexible sitting room that can also serve as a family room, and a dining room for eight with direct access to a 26 m² terrace offering unobstructed views. The semi-integrated kitchen provides space for built-in appliances and a breakfast bar. The sleeping area can be configured with three spacious en-suite bedrooms, each with floor-to-ceiling wardrobes. The master suite offers the possibility of adding a dressing room and a full bathroom.

The property is located in a classic building dating back to 1925, notable for its well-maintained entrance, turret, and retro-style elevator. It also features a doorman during business hours. Situated on a well-known street in the Salamanca-Recoletos district, it is just a five-minute walk from Retiro Park. The surrounding area offers a wide range of services, shops, and cafes, as well as excellent connections via metro, bus, and other public transport options.

This property represents an unparalleled family investment opportunity for those seeking to create a custom home in a prime location in Madrid. Living here means enjoying the tranquility of a classic building with all modern amenities at your fingertips. At Walter Haus, we are at your complete disposal to advise you and help you realize the lifestyle you deserve in this magnificent location.