Frankly.
PISO A ESTRENAR EN TERCERA PLANTA EXTERIOR
            (ref.2384)
€1.600.000
Renovated 3-bed apartment with lift in Palacio, Centro
3
bed
3
bath
158
At a glance:
Lift · Parking · Move-in ready

In the heart of Madrid’s historic centre, this newly built residence occupies the third floor of a building with lift access. The exterior orientation ensures abundant natural light throughout the day, enhancing the sense of space within the home. The sequence begins with a generous entrance hall, leading to a living and dining area defined by clean lines and a neutral palette. Three bedrooms, each with its own bathroom, are arranged to balance privacy and openness. The kitchen integrates seamlessly, with finishes and fittings that prioritise both function and understated design.

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Also listed at: Walter Haus, Spain Sotheby's International Realty, Domus Aurea Capital, Veraltia.

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