Frankly.
Renovated property in a classic building, ideal for investment.
€1.590.000
Sunlit 2-bed apartment with terrace in Recoletos, Salamanca
2
bed
2
bath
106
At a glance:
Terrace · Lift · Parking

In Recoletos, one of Madrid's most established neighbourhoods, this 106 m² apartment sits within a classic building with lift access. The property has been renovated to a high standard, creating a contemporary home that respects the architectural language of its period setting. The layout centres on a luminous living and dining area, where natural light defines the spatial experience. The kitchen has been integrated thoughtfully into the plan, finished with quality materials and integrated appliances. Two bedrooms, each with en-suite bathrooms, occupy the private quarters, allowing for flexibility in use—whether as a primary residence or investment. A terrace extends the living space outward, a rare addition on this floor level.

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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