Frankly.
Renovated exterior apartment with terrace and storage room in Castellana, Madrid
€1.950.000
Renovated 4-bed apartment with terrace on Castellana, Salamanca
4
bed
3
bath
185
At a glance:
Terrace · Lift · Parking · Move-in ready

In the refined atmosphere of Salamanca, this apartment on Castellana occupies a prime position within one of Madrid’s most distinguished avenues. The building, equipped with a lift, frames a residence that embraces its exterior orientation, allowing natural light to define each space. The layout unfolds with clarity, beginning with a spacious living and dining area that sets the tone for the home. The kitchen integrates seamlessly, while the four bedrooms are distributed to balance privacy and connection. Three bathrooms serve the residence, and a terrace extends the living space outward. A storage room adds practicality, completing an apartment designed for contemporary life in a timeless setting.

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Listings that informed this estimate · salamanca
THE NEIGHBORHOOD

Salamanca

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.

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Nearby
🚇 Velázquez
4 min · Line 4
🚇 Serrano
5 min · Line 4
🚇 Núñez de Balboa
6 min · Line 5, 9
🏫 British Council School (El Viso infant annex)
2 km · British
🏫 Hastings School
3.5 km · British / IB
🏛️ Mercado de la Paz