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Price
Size
M2
Spectacular Penthouse with Terrace in the Salamanca District
Recoletos
242 m2 / 3 Bedrooms
REF: goy636VM

3.490.000 €

Spectacular Penthouse with Terrace in the Salamanca District

**Spectacular Penthouse with Terrace in One of Madrid’s Most Prestigious Neighborhoods**


Located on one of the most prestigious streets in Madrid’s Salamanca District, this top-floor residence represents a rare opportunity to create a prime asset in the heart of Recoletos. Set within an elegant 1920 classical building with a representative entrance and concierge service, the property offers 242 sqm of built space, 3-meter ceilings, and a desirable west-facing orientation that ensures natural light throughout the afternoon. One of its most exceptional features is the expansive 48 sqm private terrace a true rarity in this area offering open views and remarkable potential to create an outstanding indoor-outdoor living experience. Currently configured with three bedrooms and three bathrooms, the property includes a storage room, lift access, service staircase, and air conditioning. Presented for renovation, it benefits from a customizable transformation project, allowing investors or end-users to tailor the residence to premium contemporary standards. The combination of prime location, classical architecture, top-floor privacy, and significant outdoor space positions this property as a strategic investment with strong capital appreciation potential, high rental demand, low vacancy rates, and long-term resale liquidity in one of Madrid’s most prestigious micro-markets. A truly scarce opportunity in Recoletos.
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