In the heart of Madrid's historic Palacio neighbourhood, this ground-floor apartment sits within a distinguished building whose ashlar stone façade was comprehensively restored in 1989. The restoration respected the classical character of the surrounding historic district while introducing contemporary standards to the interior. The property unfolds across 164 m² with a clear spatial logic. The main living areas benefit from three exterior-facing balconies, allowing natural light to penetrate throughout the day. The apartment has been fully renovated and equipped to contemporary standards, creating a refined living environment that balances period architecture with modern comfort. The layout comprises three bedrooms and two bathrooms, with the configuration allowing for distinct private and social zones.
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Also listed at: Unica Inmobiliaria, Olisson Club, Glanz.
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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.