Frankly.
Flat in Recoletos for Renovation
€2.900.000
4-bed apartment with terrace in Recoletos, Salamanca
4
bed
2
bath
211
At a glance:
Terrace · Lift · Parking · Classic building · Needs renovation

On one of Madrid’s most refined avenues, this apartment occupies a classic building from 1925 in Recoletos. The residence preserves the original character of its period architecture, with a layout that invites transformation. A lift provides access to the home, which includes a terrace offering a rare outdoor space in the city centre.

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Listings that informed this estimate · recoletos
THE NEIGHBORHOOD

Recoletos

Recoletos sets the price ceiling for residential Madrid. The strip between Retiro park on the east and the Paseo de la Castellana on the west — running from Puerta de Alcalá up to Colón — is where old money, private banking, and international luxury retail have compounded for over a century. Park views on one side, embassy row on the other, a ten-minute walk to the Prado. What you pay for is the address: access to a civic and cultural geography that no other part of Madrid replicates, in classical buildings that cannot be built again.

All homes for sale in Recoletos →
Nearby
🚇 Retiro
5 min · Line 2
🚇 Colón
6 min · Line 4
🚇 Serrano
7 min · Line 4
🏫 British Council School (El Viso infant annex)
2.5 km · British
🏫 Hastings School
4 km · British / IB
🏛️ Puerta de Alcalá