Frankly.
EXCLUSIVE, BRAND-NEW, RENOVATED PROPERTY IN CONDE DE PEÑALVER – SALAMANCA NEIGHBOURHOOD
€1.250.000
Renovated 2-bed apartment with terrace on Conde de Peñalver in Conde de Peñalver, Salamanca
2
bed
3
bath
105
At a glance:
Terrace · Lift · Move-in ready

On Conde de Peñalver, in the heart of Salamanca, this newly renovated residence occupies a distinguished early 20th-century building with lift access. The apartment unfolds from a central hallway, leading into a living and dining area defined by clean lines and natural light, with a terrace offering an extension of the interior. The kitchen, finished with high-quality materials, integrates seamlessly into the open plan. Two bedrooms, each with its own bathroom, provide private retreat, while a third bathroom serves the main living space. The renovation preserves the building’s character while introducing contemporary precision in material and detail.

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Also listed at: Diza Consultores, Scala Properties, Walter Haus, Veraltia, Magna House, BHHS Spain, Engel & Völkers, AProperties, Domus Aurea Capital, Glanz, John Taylor Spain, Iconic Living.

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