Frankly.
Oportunidad en la mejor zona de Almagro
€960.000
3-bed apartment with terrace in Almagro, Chamberí
3
bed
2
bath
93
At a glance:
Terrace · Lift · Parking · Classic building · Needs renovation

In the heart of Almagro, one of Madrid's most established residential neighbourhoods, this 1950s building offers a residence with distinctive period character. The three-bedroom apartment presents an opportunity for complete architectural personalisation, allowing for a renovation that responds entirely to individual requirements and vision. The property benefits from external orientation and a terrace, bringing light and air into the interior spaces. Lift access and the building's solid construction provide the practical foundation for a thoughtful renovation. The existing layout can be reconsidered entirely, offering the possibility to define the spatial sequence, material palette and spatial hierarchy according to contemporary living preferences while preserving the building's architectural integrity.

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Also listed at: Glanz.

Listings that informed this estimate · almagro
THE NEIGHBORHOOD

Almagro

Almagro is the quiet pocket tucked between Chamberí and the Castellana — a handful of blocks where old-money Spanish families, diplomats, and private-office founders have lived for generations. Streets like Calle Fortuny, Calle Zurbano, and Calle Almagro itself are lined with late-19th-century palacetes originally built as single-family residences, mostly subdivided into one or two full-floor apartments per building, with a few still in the hands of the founding families. The density of embassies and consulates per block is the highest in Madrid outside the formal diplomatic strip on Castellana. The housing stock is unusually homogeneous for central Madrid — stone-and-brick façades, 3–4m ceilings, original wrought-iron balustrades — and apartments run large, 180–400 m² being typical.

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Nearby
🚇 Alonso Martínez
4 min · Line 4, 5, 10
🚇 Rubén Darío
5 min · Line 5
🚇 Colón
7 min · Line 4
🏫 Brewster Madrid (Chamberí campus)
1 km · American / IB
🏫 Hastings School
3.5 km · British / IB
🏛️ Museo Sorolla