Frankly.
Exclusive New-Build Home with Two Balconies in Historic Building
€720.000
2-bed apartment with terrace in Malasana, Centro
2
bed
1
bath
69
At a glance:
Terrace · Lift · Parking

In Malasaña, a district at the cultural pulse of Madrid, this residence occupies the second floor of a historic building with lift access. The exterior orientation ensures natural light fills the interior, where the sequence begins with an open living and dining area leading to a private terrace. Two balconies extend the living space outward, connecting the home to the energy of the street below. The kitchen integrates seamlessly, while the sleeping area includes two bedrooms served by a single bathroom. A property that balances original character with the practicalities of modern urban living.

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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.

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