Penthouse for sale in Almagro, Madrid city, Madrid

This extraordinary penthouse on the seventh floor of an elegant classic building with stately architecture from the 1920s in Chamberí, in the Almagro neighbourhood.

The property is being sold as a complete demolition, ready to be designed and customized to the new owners' specifications. The current owners are offering an optional, fully customizable renovation plan, with the possibility of creating three bedrooms and four bathrooms, allowing the property to meet even the most demanding needs.

Thanks to its southerly aspect and 3-meter high ceilings, it receives abundant natural light throughout the day, with unobstructed views and exceptional privacy.

The property boasts a surface area of 205 m² and a modern layout that includes three bedrooms with en-private bathroom, a separate dining room, a kitchen with a pantry, three bathrooms, and two covered terraces that can be converted into additional living spaces or created pleasant outdoor areas. It retains original details such as classic moldings that add character and elegance.

The building has a concierge, cage elevator, storage room and parking space, amenities highly valued in the area that reinforce the residential and heritage appeal of the property.

The property is located in the prestigious Almagro neighbourhood, one of Madrid's most exclusive and sought-after areas, surrounded by stately buildings, embassies, and a carefully curated cultural attractions, gastronomic, and leisure activities. Furthermore, it offers a high quality of life and quick access to the city centre and other key areas, thanks to its proximity to premium amenities, select shops, and prestigious educational institutions, along with excellent connections via metro, buses, and commuter rail.

High rental demand from professionals and families makes this property an excellent investment opportunity with great potential for profitability and appreciation.