Frankly.
Oportunidad de inversión en Almagro con Terraza en Nuda Propiedad
€1.690.000
5-bed apartment with terrace in Almagro, Chamberí
5
bed
3
bath
168
At a glance:
Terrace · Lift · Parking · Classic building

In the heart of Almagro, one of Madrid's most established residential neighbourhoods, this 1965 building holds the quiet dignity of mid-century Madrid architecture. Ground-floor access via lift opens directly into a spacious exterior apartment, where generous proportions and cross-ventilation define the living experience. The layout unfolds across five bedrooms and three bathrooms, arranged to accommodate both family living and flexibility—a rare configuration within the neighbourhood's period buildings. Natural light enters from multiple exposures, animated by the presence of an exterior terrace that extends the interior outward. The apartment's ground-floor placement grants direct access to this private outdoor space, a significant amenity in central Madrid. Original architectural character combines with functional, well-proportioned rooms that speak to the building's 1960s construction standards, when ceiling heights and room volumes were considered fundamental to quality living.

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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