Frankly.
Apartamento exterior con reforma de diseño en Palacio
€825.000
Bright 3-bed apartment in classic building in Palacio, Centro
3
bed
2
bath
71
At a glance:
Classic building · Move-in ready

In the historic heart of Madrid, this residence occupies the fourth floor of an 1880 palace, its original character preserved in the building’s noble proportions. The apartment has been renovated with a contemporary approach, respecting the structure while introducing a refined material palette. Natural light fills the space, drawn in through large windows that frame the city’s skyline. The layout unfolds in a linear sequence, with the living area at the core, flanked by three bedrooms and two bathrooms. Wooden floors and clean, minimal finishes create a sense of continuity, while the exterior orientation ensures a quiet, airy atmosphere throughout.

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Listings that informed this estimate · centro
THE NEIGHBORHOOD

Centro

Centro is Madrid's medina — the historic core wrapped around the Royal Palace, Plaza Mayor, and the Austrias grid of narrow streets that have looked mostly the same since the 17th century. It's the most architecturally dense neighborhood in the city and the one most compromised by tourism pressure: the bulk of Madrid's short-term-let demand concentrates here, and Plan Especial de Hospedaje Ring 1 restrictions make new VUT licenses essentially unobtainable. The residential population that remains skews older, more local, and occupies buildings their families have held for generations. This is not a buyer's neighborhood in the Salamanca or Chamberí sense — it's a buyer's neighborhood for someone who values cultural density over space, light, and ease.

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Nearby
🚇 Sol
3 min · Line 1, 2, 3
🚇 Ópera
5 min · Line 2, 5
🚇 La Latina
6 min · Line 5
🏫 Brewster Madrid (Chamberí campus)
2.5 km · American / IB
🏫 Hastings School
5 km · British / IB
🏛️ Plaza Mayor