SALE
Location
Property Type
Price€
Rooms
SizeM2
Ibiza
251 m2 / 5 Bedrooms
REF: ibi227VMA
1.950.000 €
Spacious Residence for Renovation Near Retiro Park
Residential Investment with Great Potential in One of Madrid’s Finest Areas
OLISSON presents this exclusive 251 sqm property on Calle Doctor Castelo, in the heart of Madrid’s Retiro district, one of the city’s most sought-after residential areas. Offering exceptional potential for transformation, this property is ideal for those looking to create a bespoke luxury residence in a prime location just moments from the iconic Retiro Park.
Situated on the second floor of a distinguished 1945 building with a lift, the property offers 212 sqm of usable interior space and a layout that allows for multiple reconfiguration possibilities, making it possible to tailor the home to the needs and preferences of its future owner. Its generous proportions, dual north and south orientations, and terrace overlooking a spacious, light-filled courtyard provide an excellent foundation for a renovation project that combines elegance, functionality and comfort.
The property currently comprises five bedrooms and three bathrooms, offering a wealth of design possibilities. These include creating a spectacular living area with spacious, open-plan interiors and an integrated kitchen, alongside an exclusive private wing featuring en-suite bedrooms, a dressing room and carefully designed spaces focused on comfort and wellbeing. The terrace provides an appealing outdoor space that enhances the sense of light and openness, while the dual orientation encourages cross-ventilation and allows natural light to be enjoyed throughout different times of the day.
Additional features include a storage room and central heating, enhancing the property's practicality and everyday comfort. Its generous floor area and scope for modernisation make it a particularly attractive opportunity for those who appreciate architecture, interior design and the prospect of creating a distinctive home with bespoke finishes and carefully selected materials.
The location is another of the property's key assets. Calle Doctor Castelo is set within an established residential neighbourhood surrounded by local shops, restaurants, schools and a wide range of amenities. Just a short walk from Retiro Park, the property offers easy access to one of Madrid’s most iconic green spaces, combining a peaceful residential setting with excellent connections to the rest of the city.
An exceptional opportunity to transform a spacious property into a unique, tailor-made residence in one of the most desirable locations in Madrid’s prime residential market.
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