Frankly.
Piso de lujo en el corazon de Madrid, barrio de  Malasaña
€1.390.000
2-bed apartment with terrace in Malasaña, Centro
2
bed
2
bath
150
At a glance:
Terrace · Lift · Parking · Classic building · Move-in ready

In the heart of Madrid's Centro neighbourhood, this ground-floor apartment sits within a period building where historic character and contemporary design converge. The residence spans 150 m² and opens directly onto a terrace—a rare amenity in this central location, offering both light and a connection to the street's vibrant rhythm. The apartment is organized around a fluid spatial sequence. The entrance introduces the home's refined aesthetic, leading into connected living and dining areas that benefit from the exterior orientation and natural light. The kitchen integrates seamlessly into this main living zone, while two bedrooms and two bathrooms provide private quarters. One bedroom may access the terrace directly, extending the interior outward.

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Also listed at: Walter Haus.

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.

All homes for sale in Centro →
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