Flat for sale in Sol, Madrid city, Madrid

A Great Opportunity on Calle Jacometrezo!

This real estate gem is located in the heart of Madrid, on the sought-after Calle Jacometrezo. An exceptional opportunity to acquire a bright, 130 m² exterior apartment on the second floor, with one of the capital’s most iconic cityscapes and the potential to subdivide it—making it a highly valuable asset for both residential use and investment.

From its 4 exterior balconies, the property offers privileged, unobstructed views of Gran Vía, Plaza de Santo Domingo, and the iconic Edificio Carrión (famous for its Schweppes sign).

The property retains its original floors in excellent condition, lending it classic elegance and unique grandeur. It is currently in need of renovation and can be subdivided, opening up a wealth of possibilities for reconfiguration: from creating a bespoke luxury residence to dividing it into two independent units with strong rental potential.

In addition, there is the option to purchase a double parking space—a true privilege and a rare find in the capital’s historic center.

Building note: The property currently has no elevator, but installation has already been approved by the owners’ association and is awaiting implementation, which will directly and imminently increase the property’s value.

Current layout and potential of the property:

Floor area: 130 m² of built space, with generous proportions and high ceilings.

Subdivision: The property is eligible for legal and technical subdivision, making it ideal for investors seeking to maximize returns or families looking for two independent units.

Living area: Spacious exterior living-dining room with direct access to the balconies, and a separate kitchen.

Sleeping area: 3 bedrooms and 2 full bathrooms.

Outdoor features: 4 balconies overlooking Calle Jacometrezo, with direct, unobstructed views of Gran Vía and Santo Domingo.

Parking: Double parking space available as an optional extra (not included in the asking price).

Architectural features: Well-maintained original floors, excellent natural light, and a highly versatile layout.

Location and surroundings: The vibrant cultural heart of Madrid