A BLANK CANVAS IN THE HEART OF RECOLETOS

Characteristics

Description of the property

In one of the most sought-after addresses in the Recoletos neighborhood, right on Calle Ayala and just a few meters from the iconic Calle Serrano, you will find this magnificent 280 m² exterior property, located on the first floor of a modern and prestigious building, with a doorman, two elevators—main and service— separate staff access, and a parking space in the same building included in the price. A unique opportunity for those looking for a spacious, bright home with a custom renovation project in one of the most exclusive areas of Madrid.



The total surface area of the property, as registered in the deed, is 280 m², of which 242 m² corresponds to the usable area of the apartment and 38 m² to common areas. The current layout includes a large south-facing living-dining room with magnificent natural light throughout the day, three bedrooms, three bathrooms, and a separate kitchen with service access. Thanks to its rectangular floor plan and hardly any load-bearing walls, this property offers enormous potential for redistribution to suit a contemporary lifestyle, with perfectly differentiated day and night areas and large open spaces.



The modern building has all the amenities that a high-end client demands: a garage in the building itself with direct elevator access, the possibility of purchasing a second parking space, a doorman on duty throughout the week, and a spacious, elegant, and adapted entrance hall. The south-facing orientation of the property, combined with its exterior position, guarantees not only brightness but also a warm and serene atmosphere, ideal for making it a benchmark home in the area.



The property is being sold in its current condition, offering the buyer the possibility of designing a completely personalized comprehensive renovation. The price without renovation is €3,475,000 (equivalent to €12,400/m²), while the estimated value once renovated is €3,975, 000 (€14,190/m²), positioning it as a solid investment in one of the areas with the highest growth potential and demand in Madrid's luxury residential market.

Amenities