In Almagro, one of Madrid's most distinguished residential neighbourhoods, this newly completed penthouse offers a rare combination of scale and outdoor space. The area, defined by elegant palacetes and classical architecture, provides an urbane setting where historic character and contemporary living coexist. The apartment unfolds across its footprint with clear spatial logic. The living and dining areas connect fluidly, opening onto a generous terrace—an expansive 100 m² outdoor room that becomes an extension of the interior. This generous proportion of external space transforms the home, offering multiple possibilities for daily living and gathering. The kitchen is integrated thoughtfully into the overall layout, maintaining the openness of the social spaces.
Almagro
Almagro is the quiet pocket tucked between Chamberí and the Castellana — a handful of blocks where old-money Spanish families, diplomats, and private-office founders have lived for generations. Streets like Calle Fortuny, Calle Zurbano, and Calle Almagro itself are lined with late-19th-century palacetes originally built as single-family residences, mostly subdivided into one or two full-floor apartments per building, with a few still in the hands of the founding families. The density of embassies and consulates per block is the highest in Madrid outside the formal diplomatic strip on Castellana. The housing stock is unusually homogeneous for central Madrid — stone-and-brick façades, 3–4m ceilings, original wrought-iron balustrades — and apartments run large, 180–400 m² being typical.