Madrid, Madrid, Madrid, Spain

Pied-à-terre under €1.5M in a classic building, steps from IE Business School.
Bright and east–west facing, this apartment at Lagasca is an ideal base in Barrio de Salamanca and a compelling value-add project. It retains original features — herringbone parquet, French doors and balconies, and 3.20 m ceilings — and is currently a clean “blank canvas”, ready for a bespoke interior.
Why it's special:
Five balconies to a French-style courtyard with orange trees. With three principal rooms on the façade for all-day light and cross-ventilation.
3.20 m ceiling heights, generous openings, original arches/mouldings to restore.
Large, well-kept internal courtyards bringing additional light to rear rooms.
Recoverable herringbone flooring — a solid base for high-end finishes.
Classic building with a charming entrance courtyard and original doors.
Indicative refurbishment plan
Large living–dining space with integrated kitchen to the façade.
Two bedroom suites, each with walk-in wardrobe and full bathroom.
Separate laundry and guest WC.
Fluid circulation using existing arches and openings.
On-site observations
Partitions lightened and chases exposed: works already advanced, shortening installation times.
Original shutters and joinery in generous sizes — ideal for restoration or replication.
Wide patio openings for quiet, naturally lit bedrooms.
Location
Prime Barrio de Salamanca, on emblematic Calle Lagasca, a short walk to IE Business School, top restaurants and boutiques of the Golden Mile, and swift access to Retiro and the Serrano/Velázquez axis.
Ideal for
Buyers seeking an elegant Madrid pied-à-terre or an investment with strong refurbishment upside in a blue-chip address.