Frankly.
Renovated exterior flat in Malasaña, Madrid
€1.675.000
Renovated 3-bed penthouse with terrace on Universidad in Malasaña, Centro
3
bed
3
bath
176
At a glance:
Terrace · Lift · Move-in ready

On a quiet street in Malasaña, this residence occupies the second floor of a restored building, its exterior orientation filling the home with natural light. The entrance opens into a spacious living and dining area where high ceilings and large windows create a sense of openness. The kitchen, finished with natural wood cabinetry and stone countertops, sits adjacent, its layout designed for both function and flow.

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Also listed at: Housingo, Domus Aurea Capital, Olisson Club, Lucas Fox, John Taylor Spain, Diza Consultores, BHHS Spain, Unica Inmobiliaria, Otto Bayt, Iconic Living, Veraltia.

Listings that informed this estimate · centro
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