Frankly.
Piso con reforma integral en calle Alcalá, Plaza de las Ventas.
€1.079.250
Renovated 2-bed apartment with terrace in Salamanca
2
bed
2
bath
118
At a glance:
Terrace · Lift · Parking

Set on Calle Alcalá near Plaza de las Ventas, this ground-floor apartment sits within one of Madrid's most distinctive neighbourhoods. The building offers lift access, anchoring the residence within the established character of Salamanca while remaining connected to the area's vibrant cultural and culinary landscape. The 118 m² apartment has undergone a complete renovation, balancing classical architectural proportions with contemporary finishes. The layout flows naturally from the living and dining areas through to a modern kitchen, with two en-suite bedrooms positioned to maximise privacy and natural light. A terrace extends the living space outward, offering a rare outdoor dimension at ground level within the neighbourhood.

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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