Apartment for sale in Palacio, Madrid city, Madrid

This property is located in Calle Bailén, in the heart of historic Madrid de los Austrias, one of the areas with the highest heritage value and residential demand in Madrid.

Located next to the emblematic Basilica of San Francisco el Grande, this property represents a unique investment and housing opportunity in a prime location of the center of the capital.

The house is currently undergoing a comprehensive renovation carried out by professionals, with completion scheduled for April 2026. The project has been designed to offer a modern, functional and bright distribution, optimizing every square meter and enhancing natural light thanks to its dual orientation.

Planned distribution after reform:

Spacious outdoor living room with excellent natural light

Contemporary design open kitchen with central island, conceived as the social axis of housing

3 bedrooms, one of them en suite with dressing room and private bathroom

2 full bathrooms

Rooms outside Calle Bailén and the courtyard

House located on the first floor

Double orientation, which ensures light throughout the day

Highlights:

Privileged location in the historic center - Los Austrias

Classic finca with representative facade

Building with elevator

Accessibility for persons with reduced mobility

Excellent distribution, ideal as a family home or habitual residence

High demand and high potential for revaluation after reform

Environment and services;

The property is located a few minutes from the Plaza Mayor and the San Miguel Market, in a consolidated area with all the necessary services for day to day.

In the vicinity we find the best gastronomic and cultural offer of such emblematic neighborhoods as La Latina and Opera, as well as supermarkets, traditional shops, cultural centers, theaters and leisure areas.

The area has excellent communications by public transport and easy access to the main points of the city.

An exterior house, bright and with a comprehensive reform of high quality in a manor estate of historic Madrid. Ideal for those looking for a modern home with an open kitchen and open-plan living area, in one of the most exclusive and consolidated areas of downtown Madrid.

The published images correspond to project renders. The final result may vary.

Nº AICAT: 8446