Building for sale in Recoletos, Madrid.

We present a unique investment opportunity in the Madrid real estate market. This is a prestigious and stately building that stands out for its architectural solidity and excellent appreciation potential. The property currently has a built area of 2,140 m², providing ample space for any large-scale development. However, its true appeal lies in its buildable area, with a potential of up to 3,600 m², allowing for maximizing usable space to meet the needs of a high-end project in the capital.

Regarding its layout and technical possibilities, the building currently comprises five floors above ground. The project allows for a significant transformation, with the option to add three more floors, as well as two underground levels for services or parking. Thanks to its mixed residential and hotel use, the property offers extraordinary versatility. It is the ideal canvas for transforming the structure into a luxury residential complex or developing a sophisticated 5-star boutique hotel, making the most of every square meter to create functional and modern spaces.

The property is located in Recoletos, one of the city’s most coveted and strategic locations. This area is characterized by its classic architecture, wide avenues, and proximity to Madrid’s main cultural, commercial, and gastronomic attractions. Positioning an asset of this caliber in this neighborhood guarantees unparalleled visibility and direct access to the cosmopolitan lifestyle sought by both local residents and discerning international tourists.

Acquiring this building secures an asset with high return potential, thanks to its flexible licensing and premium location. Whether for luxury apartment development or hotel operation, this purchase represents a smart strategic decision in an area of consistent demand. At Walter Haus, we are at your complete disposal to provide further technical information and assist you throughout the acquisition process for this magnificent property.