
In Almagro, one of Madrid's most distinguished residential neighbourhoods, this newly built apartment offers a generous 306 m² of living space with an exceptional 306 m² terrace—a rare outdoor expanse within the city. The property sits within the neighbourhood's carefully preserved architectural landscape, where classical buildings and contemporary residences coexist within a sophisticated urban setting. The apartment unfolds across a considered sequence of spaces. Two bedrooms and five bathrooms allow for significant flexibility and comfort, with the terrace functioning as an extension of the interior living areas. Natural light and the scale of the outdoor space define the experience of the home, creating multiple zones for daily life and gathering.
Almagro is the quiet pocket tucked between Chamberí and the Castellana — a handful of blocks where old-money Spanish families, diplomats, and private-office founders have lived for generations. Streets like Calle Fortuny, Calle Zurbano, and Calle Almagro itself are lined with late-19th-century palacetes originally built as single-family residences, mostly subdivided into one or two full-floor apartments per building, with a few still in the hands of the founding families. The density of embassies and consulates per block is the highest in Madrid outside the formal diplomatic strip on Castellana. The housing stock is unusually homogeneous for central Madrid — stone-and-brick façades, 3–4m ceilings, original wrought-iron balustrades — and apartments run large, 180–400 m² being typical.