Penthouse With Terrace To Renovate, Recoletos - Barrio de Salamanca - Madrid, Spain

Penthouse with 48 m² terrace to renovate, located in an elegant building with a classic façade.

Savills offers this exclusive penthouse with terrace for renovation, located on the sixth floor of an elegant building with a classic façade dating back to 1920, representative of traditional Madrid architecture. The building, with its stately character and well-kept appearance, retains the charm of the early 20th century and adds unique value to the property.

The property has a floor area of 194 m² and stands out in particular for its magnificent 48 m² terrace, a real privilege at this height, allowing for the creation of different outdoor areas—a living area, outdoor dining area, or chill-out space—and enjoying excellent light throughout the day.

The property is presented for complete renovation, offering a magnificent opportunity to design a tailor-made home. There is potential to design a spacious living area with a living-dining room connected to the terrace, a separate or integrated kitchen, three en-suite bedrooms with private bathrooms, a guest toilet, and a separate laundry area.

A unique property that combines the appeal of a classic finca with the possibility of creating a contemporary, functional, and exclusive home in one of the most sought-after styles on the market.