Investment opportunity for exterior apartment in the exclusive district of Salamanca
€4,900,000
3Beds
3Baths
243 m²Total
212 m²Interior
Located in the exclusive Recoletos neighborhood, on the fourth floor of a distinguished building, this spacious 243 m² apartment offers a unique opportunity for those seeking to live in one of the most prestigious areas of Madrid. Currently undergoing a renovation, which will be completed in July 2025, the property is designed to provide an ideal layout with 3 bedrooms and 3 bathrooms, and benefits from an east-facing orientation that ensures excellent natural light throughout the day.
The property stands out not only for its size and elegance but also for its unbeatable location. Just a few steps from the Parque del Retiro, one of the city’s most iconic green spaces, perfect for outdoor activities such as walking, jogging, and relaxation. In addition, the proximity to some of Madrid’s most important museums, including the Prado Museum, the Thyssen-Bornemisza Museum, and the National Archaeological Museum, offers an immersive experience in the art and history of the city.
The Salamanca district, particularly the Recoletos area, is renowned for its sophisticated atmosphere and wide avenues, blending a luxury residential environment with a vibrant commercial and cultural life. Streets like Velázquez and Serrano are home to high-end boutiques, art galleries, embassies, and some of the finest restaurants in the city, including those awarded Michelin stars. This exclusive area also boasts a top-tier gastronomic scene, establishing Salamanca as a culinary reference.
Despite its dynamic atmosphere, the Salamanca district is known for its tranquility, especially in the areas surrounding Retiro Park and the small nearby parks, offering a peaceful retreat amidst the hustle and bustle of the city.
Madrid is preparing for one of the most ambitious urban transformations in Europe: Madrid Nuevo Norte. This is a comprehensive plan that will not only redefine the city's skyline but will also turn the northern area into a new hub for economic, cultural, and social development. What is Madrid Nuevo Norte? It is an urban…
On July 11th, WIRES (Women in Real Estate Spain) celebrated its tenth anniversary with an unforgettable gala at the Four Seasons Hotel in Madrid. A night to honor a decade of collective work, commitment to equality, and the promotion of female talent in the real estate sector. At Christie’s International Real Estate Madrid, we are…
In recent months, the conversation around property prices in Madrid has intensified. Some talk about a bubble just as easily as others spoke of opportunities before. However, it’s important to separate perception from reality. What Madrid is experiencing is not a bubble. It is the result of several structural factors coinciding at the same time,…
At Christie’s, excellence in art and lifestyle go hand in hand. From Christie’s International Real Estate Madrid, we are proud to celebrate a remarkable milestone from our colleagues at Christie’s auction house: the sale of “Venice, the Return of the Bucintoro on Ascension Day” by Canaletto for £31.9 million (approx. €37 million) at our London…
In the luxury real estate market, visibility isn’t always synonymous with value. Some of the most remarkable, discreet, and sought-after properties are never listed on portals, storefronts, or social media. These unique assets are part of what is known as the off-market or private sales circuit. What does it mean when a property is off-market?…
Over the past five years (2020–2025), the Community of Madrid has established itself as the leading hub for foreign investment in Spain’s real estate market. With an annual average of nearly €20 billion in gross Foreign Direct Investment (FDI) inflows, Madrid accounts for 64% of the national total. This figure reflects not only volume but…
