Almagro, Madrid - Chamberí €2,650,000 · M1446
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Exclusive Penthouse with renovation potential in Almagro| Chamberí|Madrid

€2,650,000
  • 3Beds
  • 4Baths
  • 194 m²Total
  • 160 m²Interior

Exclusive penthouse in the prestigious neighborhood of Almagro, one of the most elegant and sought-after areas of Madrid. A rare opportunity to create a bespoke luxury residence * in a distinguished and highly desirable setting.

Located on the seventh floor of a classic building, the property retains its period architectural charm — including a stately façade and a traditional cage elevator — while offering modern conveniences such as a private parking space, storage room, and full-time concierge service.

With a south-facing orientation, the penthouse enjoys abundant natural light throughout the day, as well as open and private views. Inside, impressive 3-meter-high ceilings adorned with original moldings enhance the sense of grandeur, character, and elegance.

The current layout comprises three bedrooms, a separate dining room, a kitchen with pantry, three bathrooms, and two enclosed terraces with excellent potential to be restored and transformed into charming outdoor living spaces.

The property is in need of renovation, presenting a unique opportunity to tailor every detail to the highest standards of contemporary luxury living. Architectural projects have already been developed and are available to choose from, offering thoughtfully designed layout and interior proposals to streamline the transformation into an exceptional, fully customized residence.

Surrounded by stately buildings, a refined selection of boutiques and services, this penthouse represents an outstanding investment in one of Madrid’s most distinguished addresses. *Images shown are architectural renderings based on available design projects and are provided for illustrative purposes only.

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