Frankly.
Property in the best part of Almagro
€2.485.000
4-bed penthouse with terrace in Almagro, Chamberí
4
bed
3
bath
188
At a glance:
Terrace · Lift · Parking · Needs renovation

In Almagro, one of Madrid's most distinguished neighbourhoods, this 188 m² apartment occupies the sixth floor of a building with lift access. The area is defined by its cultural institutions, diplomatic presence and carefully preserved architecture—home to embassies, galleries and hotels that have chosen this address for its quiet elegance and central location. The property requires renovation, offering an opportunity to shape the interior according to contemporary priorities. The floor plan accommodates four bedrooms and three bathrooms, with a terrace that brings light and air into the residence. The bones of the apartment are sound, and its position within the neighbourhood—minutes from both the city centre and airport—positions it within one of Madrid's most connected and sought addresses.

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Listings that informed this estimate · almagro
THE NEIGHBORHOOD

Almagro

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.

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Nearby
🚇 Alonso Martínez
4 min · Line 4, 5, 10
🚇 Rubén Darío
5 min · Line 5
🚇 Colón
7 min · Line 4
🏫 Brewster Madrid (Chamberí campus)
1 km · American / IB
🏫 Hastings School
3.5 km · British / IB
🏛️ Museo Sorolla