
On Calle Conde de Peñalver, in the heart of Salamanca, this third-floor residence occupies a south-facing position within a classical period building. The apartment has undergone complete architectural transformation by ArcTempus, combining high-quality materials throughout with bespoke joinery and Porcelanosa bathroom fittings. The layout unfolds from a generous open living and dining area anchored by a substantial central kitchen island, with two street-facing balconies bringing light and connection to the avenue below. The principal bedroom opens onto its own balcony and features an expansive wardrobe zone alongside an en-suite bathroom. Two further double bedrooms and an additional full bathroom complete the sleeping quarters.
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Also listed at: Spain Sotheby's International Realty, Lucas Fox, Engel & Völkers, BHHS Spain, Walter Haus, Diza Consultores, Olisson Club, Housingo, Unica Inmobiliaria, Iconic Living, Veraltia, Christie's Real Estate Madrid.
Salamanca sets both Madrid's price ceiling and its social register. Developed in the 19th century by the Marqués de Salamanca as a deliberate enclave for the capital's aristocracy and new industrial wealth, the district still functions that way — embassies, private banks, the Spanish flagships of every European luxury house, and the quiet buildings where old-money families have lived for generations. The grid is rectilinear and deliberate: wide pavements, ten-meter cornice heights, yellow-flowering jacarandas lining the avenues in April. The built form is uneven up close — protected-façade classics on the main avenues, unremarkable 1960s–70s infill on the side streets, a growing share of gut-renovations marketed as "obra nueva" — but the address is the product, and buyers are paying for it.