Spectacular apartment to renovate just steps from Retiro Park.

Great renovation opportunity on the seventh floor next to Retiro Park.

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Olisson presents this great renovation opportunity on one of the most important streets in the Ibiza neighborhood, just steps away from the iconic Retiro Park. Located on a seventh-floor exterior level, the property offers 121 sqm of built area and stands out thanks to its height and orientation. It is currently distributed into a spacious living room, an independent kitchen, four bedrooms, two full bathrooms, and a terrace that provides valuable outdoor space, ideal for creating a relaxation area or an al fresco dining space. This is a property with great transformation potential, perfect for developing a comprehensive renovation project that elevates the home to a contemporary standard. Its layout allows for multiple redistribution alternatives, such as an elegant three-bedroom residence with generous living areas and an integrated kitchen, or a home with a master suite and open spaces that enhance spaciousness and natural light. The property features individual gas heating, air conditioning, and built-in wardrobes. The building, constructed in 1951, has an elevator and is part of a well-established property located on one of the capital’s most sought-after arteries. An ideal opportunity both for an end buyer wishing to design a bespoke home in a prime location, and for an investor seeking to reposition an asset with high appreciation potential next to Retiro Park. This residence represents an exceptional opportunity for those seeking a spacious, elegant, and customizable home within a development that stands out for its private amenities and unique common areas. With generous proportions, stately character, and an exclusive atmosphere, it is the perfect place to create a tailor-made home in one of Madrid’s most desirable areas, enjoying a sophisticated and fulfilling lifestyle.

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+34 910 708 530