Magnificent exterior property in a classic building on Malasaña-Universidad.

Bright property in need of renovation with 6 exterior balconies distributed throughout the living room and lounge area. Strategic location just 3 minutes from Plaza España and Pintor Rosales.

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Olisson presents this fantastic property, located at the intersection where the majesty of Plaza de España meets the stately atmosphere of Paseo de Pintor Rosales. This seventh-floor flat, measuring 153 m² with ceilings over three metres high, is a blank canvas waiting to be transformed into a contemporary masterpiece. Located on the 7th floor, the property enjoys a privileged view and a south-facing orientation that guarantees sunshine throughout the day. Its current layout stands out for: A generous entrance hall leads to a home where light flows unobstructed through all the rooms. A large living-dining room, an imposing space with three balconies offering direct views of the vibrant Calle Princesa. * Charming views: With three balconies in the relaxation area overlooking the charismatic Plaza de Cristino Martos, providing a peaceful visual retreat in the heart of the city centre. * It currently has two double bedrooms with fitted wardrobes, a separate dressing room, a spacious kitchen and two full bathrooms, offering endless possibilities for renovation to redistribute the spaces to suit the most demanding buyer. In terms of quality, the property features doors with high thermal and acoustic insulation on all balconies, as well as walnut-coloured wooden floors, providing warmth and comfort to the home. The building has a concierge and the possibility of renting a parking space just a few steps away. Living in Princesa means residing in a witness to the transformation of modern Madrid. This classic building, dating from 1955, was erected at a time of great urban splendour for the area. The construction of buildings such as this property was part of the modernisation plan that surrounded Gran Vía and Plaza de España after the Civil War. The building retains that mid-20th century ‘Gran Madrid’ feel, with stately doorways and solid structures that allow for the open-concept renovations that are so in demand today. Just below its balconies is this square dedicated to the famous 19th-century politician and orator Cristino Martos. It is famous for its fountain-staircase, the work of sculptor Federico Coullant Valera, which elegantly connects the level of Princesa Street with the tranquillity of the Argüelles neighbourhood. A stone's throw from the newly renovated Plaza de España, the green lung that connects the Royal Palace and the Temple of Debod, and a few metres from Pintor Rosales, the most sought-after promenade in the capital for its terraces and views of the Parque del Oeste. The property enjoys excellent public transport links, as it is only a three-minute walk from the Plaza España and Ventura Rodriguez underground stations towards Moncloa. In addition to the bus lines that connect to almost any point in the city from Plaza España, there is a direct connection to the Moncloa interchange and Principe Pio station. A property for those who understand that true luxury is space, light and a location that never goes out of style.

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+34 910 708 530