Frankly.
Renovated flat with 3 bedrooms in Malasaña neighborhood, Madrid
€1.900.000
Renovated 3-bed apartment with terrace in Malasaña, Centro
3
bed
4
bath
162
At a glance:
Terrace · Lift · Parking · Classic building · Move-in ready

In the heart of Malasaña, a neighbourhood alive with culture and history, this apartment occupies a classic period building. The residence has been fully renovated, blending contemporary design with the original structure’s character. A lift provides access, and a private terrace of 180 m² extends the living space outward. The interior unfolds across a linear sequence, with natural light filling the rooms. The living and dining areas flow into a modern kitchen, while the sleeping quarters include three bedrooms and four bathrooms. The terrace, a rare feature in the centre of Madrid, offers a private outdoor retreat within the city.

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Listings that informed this estimate · centro
THE NEIGHBORHOOD

Centro

Centro is Madrid's medina — the historic core wrapped around the Royal Palace, Plaza Mayor, and the Austrias grid of narrow streets that have looked mostly the same since the 17th century. It's the most architecturally dense neighborhood in the city and the one most compromised by tourism pressure: the bulk of Madrid's short-term-let demand concentrates here, and Plan Especial de Hospedaje Ring 1 restrictions make new VUT licenses essentially unobtainable. The residential population that remains skews older, more local, and occupies buildings their families have held for generations. This is not a buyer's neighborhood in the Salamanca or Chamberí sense — it's a buyer's neighborhood for someone who values cultural density over space, light, and ease.

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Nearby
🚇 Sol
3 min · Line 1, 2, 3
🚇 Ópera
5 min · Line 2, 5
🚇 La Latina
6 min · Line 5
🏫 Brewster Madrid (Chamberí campus)
2.5 km · American / IB
🏫 Hastings School
5 km · British / IB
🏛️ Plaza Mayor