Apartment for sale in Palos de Moguer, Madrid city, Madrid

This is the kind of property you buy for the potential it offers. It is a classic, family-sized apartment located on the first floor, facing the exterior. It features high ceilings and a generous layout, though it requires a full-scale renovation to tailor it to the lifestyle of its next owner.

The Property
You enter into a spacious foyer that leads to the service area, which includes a large kitchen with an adjoining toilet, a covered laundry/drying area, and a bedroom. Beyond this lies the living-dining room, which faces the main street—the wide, tree-lined Calle Ferrocarril—and features a private terrace where you can step out for some fresh air amidst the treetops. The high ceilings make every room feel expansive, offering great flexibility when planning a renovation.

The apartment has four bedrooms. Two are exterior-facing, overlooking the same street as the living room; one of these even has its own private terrace. The other two are interior-facing and quiet—ideal for use as children’s rooms, a home office, or a guest room.

The main bathroom is a full, spacious suite. The kitchen is separate and includes space for a casual dining area, as well as a toilet that could easily be converted into a second full bathroom. The footprint of the kitchen and service area also allows for the creation of a dedicated laundry room and additional storage—a practical feature that makes daily life much more convenient in a family home. The apartment has parquet flooring and central heating with radiators.

The Building
The building has a full-time concierge and offers a rotating parking space within the premises. In this part of Madrid, being able to park without having to leave the building makes a significant difference in your day-to-day life.

The Neighborhood
The apartment is located in the Palos de la Frontera neighborhood (in the Arganzuela district), between Atocha and Legazpi. It is an area that has undergone a major transformation in recent years, all while retaining its authentic, local neighborhood character. Within a few minutes' walk, you will find Madrid Río, Matadero Madrid, the Railway Museum, and Tierno Galván Park—home to the Planetarium. Transport links are excellent: the Delicias and Palos de la Frontera metro stations (Line 3) and Legazpi (Lines 3 and 6) are nearby, as are the Atocha and Méndez Álvaro hubs for commuter (Cercanías) and high-speed rail services. Several bus lines also provide direct access to the city center. The surrounding area offers schools, markets, local shops, and a full range of amenities.

Who is this for?
It is ideal for a family looking to design their home from scratch in a central, well-connected neighborhood—featuring outdoor space and high ceilings, both of which are becoming increasingly rare. It is also an excellent opportunity for investors: the renovation potential allows for an increase in property value, and the Arganzuela district enjoys consistent rental demand due to its proximity to Atocha, the city center, and the new office hubs located south of the M-30 motorway.

Can you imagine living here?