Flat in Madrid, Chamberí - Almagro, for sale

A SMART INVESTMENT YOU CAN FEEL, A HOME YOU WILL DESIRE

This apartment doesn’t ask for permission to shine — it simply does. Located on a sixth-floor interior unit, its south-facing orientation and a spacious inner courtyard flood every corner with natural light throughout the day, creating a warm, quiet, and deeply elegant atmosphere. With 93 sqm, the property is a perfect canvas to design up to three double bedrooms, fully enhanced by 3-meter-high ceilings that elevate the sense of space, prestige, and freedom.

The building, constructed in 1950, preserves the stately character of classic Madrid, while the interior offers the opportunity for an ambitious renovation that blends modern style with timeless essence. An elevator, concierge service, and a truly privileged location complete a residence designed for those who understand luxury as something discreet yet powerful.

Strategically located between Chamberí and Salamanca, in the exclusive Almagro neighborhood, this real estate asset is not just a home — it is a profitability engine. Constant demand, high liquidity, and the area’s sustained appreciation turn this property into a solid, secure, and highly attractive investment, whether for residential use or premium rental income.

The property is currently demolished; the images correspond to its current condition and to renderings of the proposed renovation.

Two carefully studied renovation options are available:

Select: €174,054.02 (VAT not included), for those seeking an exceptional result.

Functional: €127,369.80 (VAT not included), efficiency, design, and uncompromising profitability.

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ADDITIONAL INFORMATION FOR THE BUYER:

In accordance with current regulations, the buyer is informed that they must bear the costs associated with the purchase, which include, for indicative purposes, the Property Transfer Tax (I.T.P.), currently set at 6% of the final transaction value. In addition, the buyer shall be responsible for notary and land registry fees, the final amount of which will depend on the notary chosen and the specific characteristics of the deed. The payment of the Property Tax (I.B.I.) shall be made in accordance with the agreement expressly reached between the seller and the buyer at the time of completion.

Details

• Type: Flat
• Transaction: For sale
• Province: Madrid
• Town: Madrid
• Area: Chamberí - Almagro
• Bedrooms: 2
• Bathrooms: 2
• Constructed area: 93 m²
• Type of property: Re-sale
• Energy certification (consumo): F
• Energy certification (emisiones): F

Extras

• Floor: 6º
• Interior: Yes
• Built Year: 1950
• Renovation year: 1950
• Kitchen: Independent
• Orientation: South
• Heating Type: Gas - Individual
• Water heater: Natural gas - Individual
• Lift: Yes
• Stories: 7
• Flat per storey: 4
• Building condition: Good condition
• Windows: PVC
• Windows type: Turn
• Security guard: Yes

A SMART INVESTMENT YOU CAN FEEL, A HOME YOU WILL DESIRE

This apartment doesn’t ask for permission to shine — it simply does. Located on a sixth-floor interior unit, its south-facing orientation and a spacious inner courtyard flood every corner with natural light throughout the day, creating a warm, quiet, and deeply elegant atmosphere. With 93 sqm, the property is a perfect canvas to design up to three double bedrooms, fully enhanced by 3-meter-high ceilings that elevate the sense of space, prestige, and freedom.

The building, constructed in 1950, preserves the stately character of classic Madrid, while the interior offers the opportunity for an ambitious renovation that blends modern style with timeless essence. An elevator, concierge service, and a truly privileged location complete a residence designed for those who understand luxury as something discreet yet powerful.

Strategically located between Chamberí and Salamanca, in the exclusive Almagro neighborhood, this real estate asset is not just a home — it is a profitability engine. Constant demand, high liquidity, and the area’s sustained appreciation turn this property into a solid, secure, and highly attractive investment, whether for residential use or premium rental income.

The property is currently demolished; the images correspond to its current condition and to renderings of the proposed renovation.

Two carefully studied renovation options are available:

Select: €174,054.02 (VAT not included), for those seeking an exceptional result.

Functional: €127,369.80 (VAT not included), efficiency, design, and uncompromising profitability.

-
ADDITIONAL INFORMATION FOR THE BUYER:

In accordance with current regulations, the buyer is informed that they must bear the costs associated with the purchase, which include, for indicative purposes, the Property Transfer Tax (I.T.P.), currently set at 6% of the final transaction value. In addition, the buyer shall be responsible for notary and land registry fees, the final amount of which will depend on the notary chosen and the specific characteristics of the deed. The payment of the Property Tax (I.B.I.) shall be made in accordance with the agreement expressly reached between the seller and the buyer at the time of completion.