
On Calle Núñez de Balboa, in the refined Recoletos district, this ground-floor residence offers a rare connection to the street while maintaining privacy. The entrance leads into a spacious living and dining area, where high ceilings and large windows fill the space with natural light. From here, the layout flows toward a covered terrace, extending the interior outward and creating a seamless transition between indoor and outdoor living.
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Based on 12 2-bed rentals in Recoletos.
Recoletos sets the price ceiling for residential Madrid. The strip between Retiro park on the east and the Paseo de la Castellana on the west — running from Puerta de Alcalá up to Colón — is where old money, private banking, and international luxury retail have compounded for over a century. Park views on one side, embassy row on the other, a ten-minute walk to the Prado. What you pay for is the address: access to a civic and cultural geography that no other part of Madrid replicates, in classical buildings that cannot be built again.
Ayuntamiento de Madrid, datos.madrid.es — CC BY 4.0





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