Frankly.
Flat 3 Bedrooms Sale Madrid
€995.000
Sunlit 3-bed penthouse with terrace in Palacio, Centro
3
bed
3
bath
141
At a glance:
Terrace · Lift

In the heart of Madrid's centro district, this 141 m² apartment occupies a classical building with lift access. The residence is organised around a sequence of generous, naturally lit rooms that unfold with ease from the entrance onwards. The living and dining areas form the spatial core of the home, flowing into a kitchen finished with integrated appliances and clean cabinetry. Three bedrooms and three bathrooms distribute across the layout, each room receiving natural light from exterior orientations. The principal suite is configured with its own bathroom, while the secondary bedrooms share access to an additional bathroom, with a guest toilet also integrated into the scheme.

Sold
This listing was marked sold by the agency on 11 September 2026. The property is no longer on the market.
Listings that informed this estimate · centro
THE NEIGHBORHOOD

Centro

Centro is Madrid's medina — the historic core wrapped around the Royal Palace, Plaza Mayor, and the Austrias grid of narrow streets that have looked mostly the same since the 17th century. It's the most architecturally dense neighborhood in the city and the one most compromised by tourism pressure: the bulk of Madrid's short-term-let demand concentrates here, and Plan Especial de Hospedaje Ring 1 restrictions make new VUT licenses essentially unobtainable. The residential population that remains skews older, more local, and occupies buildings their families have held for generations. This is not a buyer's neighborhood in the Salamanca or Chamberí sense — it's a buyer's neighborhood for someone who values cultural density over space, light, and ease.

All homes for sale in Centro →
Nearby
🚇 Sol
3 min · Line 1, 2, 3
🚇 Ópera
5 min · Line 2, 5
🚇 La Latina
6 min · Line 5
🏫 Brewster Madrid (Chamberí campus)
2.5 km · American / IB
🏫 Hastings School
5 km · British / IB
🏛️ Plaza Mayor