In the heart of Salamanca's Goya neighbourhood, this 1950s building contains a versatile property configured as three independent units, each with its own kitchen and climate control. The largest flat spans 83 m² with two bedrooms and two bathrooms; a second interior unit of 63 m² overlooks the building's courtyard and also contains two bedrooms and two bathrooms; a compact studio of 32 m² completes the arrangement. All three are fully fitted and operational as rental units. Alternatively, the property presents an opportunity for comprehensive refurbishment into a single unified residence. The combined footprint would yield three en-suite bedrooms alongside a generous living and dining area, with potential to maximise natural light from multiple exposures. The building benefits from lift access and the third-floor position offers a terrace. The current configuration demonstrates strong rental yield; restructuring would create a coherent family home with considerable flexibility in material and spatial planning.
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Salamanca
Salamanca sets both Madrid's price ceiling and its social register. Developed in the 19th century by the Marqués de Salamanca as a deliberate enclave for the capital's aristocracy and new industrial wealth, the district still functions that way — embassies, private banks, the Spanish flagships of every European luxury house, and the quiet buildings where old-money families have lived for generations. The grid is rectilinear and deliberate: wide pavements, ten-meter cornice heights, yellow-flowering jacarandas lining the avenues in April. The built form is uneven up close — protected-façade classics on the main avenues, unremarkable 1960s–70s infill on the side streets, a growing share of gut-renovations marketed as "obra nueva" — but the address is the product, and buyers are paying for it.