Apartment for sale in Almagro, Madrid city, Madrid

This magnificent duplex penthouse in need of renovation is located in the exclusive Almagro neighborhood, one of Madrid's most elegant residential areas. Located on Calle de Zurbarán, one of the capital's most distinguished addresses, it occupies the fifth and sixth floors of a beautifully preserved classic 1930s building. Its 320 m² built area (including the terrace), south-facing orientation, and privileged top-floor elevation offer an exceptional opportunity to create a bespoke home of tremendous character in a truly prime location.

The property is currently gutted and completely open-plan, allowing for a comprehensive renovation free from the constraints of a pre-existing layout. Its footprint offers the potential to design up to five en-suite bedrooms, two generous indoor social areas, and a third outdoor gathering space on its inviting terrace. Twelve exterior windows ensure abundant natural light throughout the day, while high ceilings and the absence of load-bearing walls allow you to conceive expansive, open spaces brimming with potential. Furthermore, the two floors constitute two separate registered properties (fincas registrales) with independent entrances, meaning they can also be acquired separately.

The building occupies an attractive corner in the heart of Almagro and preserves the stately character of classic 1930s architecture. It features an elevator and concierge service. The surrounding neighborhood stands out for its palatial buildings, tree-lined avenues, and residential atmosphere, just minutes from the Salamanca and Justicia districts. A setting that combines the elegance of historic architecture with an exceptional range of services, restaurants, boutiques, schools, museums, and cultural venues, alongside superb transit connections.

An exceptional property for those looking to bring a unique residential project to life or seeking an investment with extraordinary potential at one of Chamberí's most sought-after addresses. The volume, brightness, and design freedom afforded by its two floors make this duplex penthouse a rare find on the market.

Can you imagine living here?