Altium Properties
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Exterior3ª PlantaRenovated

Palacio - Centro

Eight balconies overlooking Madrid de los Austrias

1.790.000 €

Ref. 1435

Bedrooms3
Bathrooms3
Floor3ª
Area165 m²
Storage room1
ConciergeYes

Description

Madrid's architectural heritage provides the setting for this 165 sqm residence in Palacio, just moments from the Royal Theatre and the Royal Palace. Housed within a classical building dating from 1933, the apartment is undergoing a comprehensive renovation that will introduce contemporary interiors while respecting the character of its historic surroundings.

Occupying an exterior-facing third floor, the property has an exceptional feature: eight street-facing balconies. Its predominantly east-facing orientation welcomes the morning sunlight, bringing brightness to the rooms and highlighting the generous proportions of this central Madrid home.

The proposed layout centres around a spacious living and dining area with an integrated kitchen. Designed as an open, welcoming environment, it brings together everyday living and entertaining, while the balconies maintain a close connection with the architecture and atmosphere of the historic streets below.

The private accommodation comprises three double bedrooms and two full bathrooms, including one en suite, together with a guest powder room. Built-in wardrobes, a separate laundry room and a storage room provide practical solutions that support a well-organised home without compromising the clarity of its interior design.

The comprehensive renovation is currently underway, with the aim of bringing a contemporary sensibility to the apartment's classical setting. Carefully selected materials, modern finishes and a reconfigured layout will create a residence delivered fully renovated and ready for its first occupants.

The building retains distinctive original details, including decorative stained glass and a traditional lift with a wooden enclosure. An on-site porter further enhances the experience of living in a period property with a strong architectural identity.

Air conditioning and central heating provide comfort throughout the seasons.

Beyond the entrance, some of Madrid's most celebrated landmarks are within walking distance. The Royal Theatre, Plaza de Oriente, Royal Palace and Plaza Mayor sit among historic streets, elegant architecture, restaurants and a remarkable cultural offering.

Eight balconies, a distinguished period building and a carefully planned renovation offer an opportunity to experience the architectural and cultural richness of Madrid de los Austrias from a beautifully renewed home.

The images shown are digital renderings of the renovation project and are for illustrative purposes. The floor plan represents the proposed layout. The property is currently undergoing renovation and will be delivered fully refurbished and brand new.

Features

  • Exterior
  • Air conditioning
  • Elevator
  • Heating
  • Concierge
  • Storage room

Floor plan

Property floor plan
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Location

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