Frankly.
Classic property in need of renovation on Lagasca Street.
€3.500.000
Elegant 4-bed apartment with terrace on Lagasca Street in Recoletos, Salamanca
4
bed
3
bath
246
At a glance:
Terrace · Lift · Parking

In the heart of Recoletos, one of Madrid's most established residential neighbourhoods, this 246 m² apartment occupies the fifth floor of a classic building with lift access. The property retains the architectural character of its era, with good bones and the potential to be shaped by contemporary vision. The floor plan accommodates four bedrooms and three bathrooms across a generous layout. Natural light enters from multiple exposures, and a terrace extends the living space outward—a valuable amenity on this sought-after street. The current condition invites selective intervention: an opportunity to introduce refined materials, considered finishes and modern comforts while preserving the apartment's inherent sense of proportion and 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