
In the heart of Retiro, this ground-floor residence occupies a prime location between the park and the vibrant life of Ibiza street. The building, with its understated facade, conceals a home of generous scale, waiting to be reimagined. The current layout unfolds across a single level, with a natural flow from the entrance toward the rear terrace, a quiet extension of the interior space. Original details, such as high ceilings and large windows, remain intact, offering a foundation for a renovation that could restore the character of the past while introducing contemporary comfort. The property includes a lift, ensuring accessibility without compromising the integrity of the design.
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Retiro is the district defined by the park. Madrid's 125-hectare Parque del Retiro — with its formal gardens, Crystal Palace, boat pond, and over-100-year-old trees — forms the western anchor of the neighborhood, and the streets that ring it (Calle de Alfonso XII on the west, Calle de Menéndez Pelayo on the east) are among the most coveted addresses in Madrid for buyers who prioritize daily green space over retail proximity. The Prado, the Reina Sofía, and the Jardín Botánico all sit along or adjacent to the park's western edge. This is the calmest of the classical-Madrid districts — residential first, cultural second, commercial a distant third.