Frankly.
Luxury apartment in Salamanca - Castellana
€2.960.000
Classic 3-bed apartment with terrace in Castellana, Salamanca
4
bath
241
At a glance:
Terrace · Lift · Parking · Needs renovation

In the heart of Salamanca, near Castellana, this third-floor apartment sits within a stately 1920s building with a doorman service and lift access. The 241 m² property faces south on its principal facade, with north-facing private areas, offering dual orientations that shape the quality of light throughout the day. The apartment is presented as a shell, ready for renovation according to architectural plans. The proposed layout accommodates four bedrooms with dressing rooms, four en-suite bathrooms, a guest toilet, and an open living and dining area with integrated kitchen. An alternative configuration offers three bedrooms with a family room, allowing flexibility according to personal preference. The building maintains central heating with individual metering.

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Or contact Engel & Völkers.

Also listed at: Walter Haus, Otto Bayt, Savills Spain, Christie's Real Estate Madrid, Magna House, Mas Property Madrid.

Listings that informed this estimate · salamanca
THE NEIGHBORHOOD

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.

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Nearby
🚇 Velázquez
4 min · Line 4
🚇 Serrano
5 min · Line 4
🚇 Núñez de Balboa
6 min · Line 5, 9
🏫 British Council School (El Viso infant annex)
2 km · British
🏫 Hastings School
3.5 km · British / IB
🏛️ Mercado de la Paz