Frankly.
Exclusiva vivienda reformada y con vistas despejadas al Palacio Real
€1.690.000
3-bed apartment with terrace and Royal Palace views in Centro|Palacio, Centro
3
bed
2
bath
157
At a glance:
Terrace · Lift · Parking · Classic building

In the heart of Madrid's historic Austrias neighbourhood, this third-floor apartment occupies a position of rare distinction. Built in 1900, the property commands unobstructed views toward the Royal Palace and the Sabatini Gardens—a perspective that anchors the home within Madrid's most emblematic landscape. The apartment has been comprehensively renovated and is ready for immediate inhabitation. The layout unfolds across exterior-facing rooms bathed in natural light, with a terrace extending the living spaces outward. The sequence moves fluidly between social and private zones, encompassing three bedrooms and two bathrooms arranged with clear spatial hierarchy. Lift access and the classical proportions of the period building establish an architectural framework within which contemporary comfort and finish have been thoughtfully integrated.

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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