Flat in Madrid, Retiro - Ibiza, for sale

Apartment with great renovation potential in Retiro–Ibiza

Terra Homes presents this spacious exterior apartment located in the highly sought-after Retiro–Ibiza neighborhood, an exceptional opportunity to create a bespoke home in one of Madrid’s most desirable areas. Set on a wide, elegant avenue and benefiting from a south-facing orientation, the property enjoys abundant natural light throughout the day, enhancing comfort and spaciousness.

Situated on a first-floor exterior level, the apartment offers 192 built square meters, providing an excellent foundation for a comprehensive renovation project with outstanding layout possibilities. It currently features two bedrooms and two bathrooms, though its size allows for a more ambitious and flexible redesign tailored to the future owner’s needs.
The building adds further value with a highly sought-after feature in the area: a garage space with direct access, ensuring everyday convenience and comfort.

Living in Ibiza means enjoying immediate proximity to El Retiro Park, a refined selection of restaurants and shops, and excellent public transport connections, all within a well-established and elegant residential setting.

Terra Homes also manages other exclusive off-market properties at the owners’ request.

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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: Retiro - Ibiza
• Bedrooms: 4
• Bathrooms: 4
• Constructed area: 192 m²
• Type of property: Re-sale
• Energy certification (consumo): E
• Energy certification (emisiones): E

Extras

• Floor: 1º
• Exterior: Yes
• Built Year: 1953
• Orientation: South
• Parking: Yes
• Air Conditioning: Yes
• Lift: Yes
• Fitted wardrobes: Yes
• Stories: 6
• Flat per storey: 5
• Building condition: Good condition
• Shutters: Yes
• Number of parking place: 1
• Access adapted for people with reduced mobility: Yes
• Security guard: Yes

Apartment with great renovation potential in Retiro–Ibiza

Terra Homes presents this spacious exterior apartment located in the highly sought-after Retiro–Ibiza neighborhood, an exceptional opportunity to create a bespoke home in one of Madrid’s most desirable areas. Set on a wide, elegant avenue and benefiting from a south-facing orientation, the property enjoys abundant natural light throughout the day, enhancing comfort and spaciousness.

Situated on a first-floor exterior level, the apartment offers 192 built square meters, providing an excellent foundation for a comprehensive renovation project with outstanding layout possibilities. It currently features two bedrooms and two bathrooms, though its size allows for a more ambitious and flexible redesign tailored to the future owner’s needs.
The building adds further value with a highly sought-after feature in the area: a garage space with direct access, ensuring everyday convenience and comfort.

Living in Ibiza means enjoying immediate proximity to El Retiro Park, a refined selection of restaurants and shops, and excellent public transport connections, all within a well-established and elegant residential setting.

Terra Homes also manages other exclusive off-market properties at the owners’ request.

-
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.