Apartment for sale in Ibiza, Madrid city, Madrid

In one of Madrid’s most sought-after locations, this exceptional house with an exterior façade presents itself directly next to Retiro Park. It offers enormous potential for transformation and is ideal for developing a high-quality residential project.

The property impresses with its five windows facing the street, which provide exceptionally abundant natural light and allow for the design of a house with generous outdoor spaces—an important competitive advantage in today’s market. The approximately three-meter-high ceilings enhance the sense of space and further increase the value of the future project.

The space is currently divided into a living room, four bedrooms, a bathroom, and a toilet. However, it offers a wide range of conversion options to create a modern home with open, functional rooms that meets even the highest standards.

It has central heating, parquet and tile flooring, and is located in a building with a concierge service, providing comfort and additional value.

An exceptional opportunity to create an exclusive home in one of Madrid’s most sought-after locations or to develop a high-yield investment. The asking price is 1,400,000 €. Built area: 125 m². Living area: 119 m². The taxes incurred (ITP/AJD), as well as notary, registration, and other sales costs, are not included in the price. Brokerage fees, if applicable, must also be stated, including amount, calculation method, and who is liable for payment. Total costs may vary depending on the buyer profile and transaction conditions and can be broken down in detail on request.