Frankly.
An Exceptional Property in the Heart of Paseo de la Castellana.
€4.490.000
5-bed penthouse with terrace in Recoletos, Salamanca
5
bed
5
bath
320
At a glance:
Terrace · Lift · Parking

In the heart of Salamanca, steps from Paseo de la Castellana, this 320 m² residence sits within one of Madrid's most distinguished residential enclaves. The neighbourhood balances refined architecture with vibrant street life—luxury boutiques line nearby Serrano, while world-class restaurants and cultural institutions anchor the immediate surroundings. The location offers seamless connectivity across the city, with the metro and bus network at hand, yet everything of consequence is within walking distance. The apartment unfolds across the sixth floor of a well-maintained building with lift access. The layout accommodates five bedrooms and five bathrooms, allowing for flexibility between private quarters and guest accommodation. A terrace extends the living space outward, capturing light and offering a sense of openness within this central location. Throughout, the property benefits from good condition and thoughtful proportions—spaces that feel neither cramped nor oversized, but calibrated for everyday living at scale.

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Listings that informed this estimate · recoletos
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