Frankly.
Historic apartment with 8 balconies for renovation in Recoletos
€4.900.000
Classic 4-bed apartment with terrace in Recoletos, Salamanca
4
bed
4
bath
350
At a glance:
Terrace · Lift · Parking · Classic building · Needs renovation

In the heart of Recoletos, this apartment occupies a floor of a classic building, its original character preserved in the high ceilings and the sequence of eight balconies facing the street. The layout unfolds across a generous footprint, with rooms arranged around a central corridor that maintains the proportions and light of the period architecture. The current state invites a thoughtful restoration, allowing the next owner to define the interior language while respecting the building’s heritage details, from the moldings to the woodwork.

NEXT STEP
Want to visit · learn more

Or contact Spain Sotheby's International Realty.

Also listed at: The Sibarist, Lucas Fox.

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