Penthouse for refurbishment in Almagro with terrace and open views

Nyumba Realty presents this 205 sqm (approx. 2,207 sq ft) penthouse for refurbishment, located on the seventh floor of a 1925 classical building in Almagro, one of Madrid’s most elegant areas.

The property, south-facing and with open views, benefits from excellent natural light throughout the day. It features 3-metre ceilings with original mouldings, reinforcing its character, and includes an 11 sqm terrace (approx. 118 sq ft), ideal for enjoying outdoor space in the city centre.

Currently stripped back and offered for refurbishment, it provides a clean starting point to develop a bespoke project, with the option to work alongside some of Madrid’s leading interior design studios.

Proposed layouts envisage a generous reception area with an exterior-facing living room, separate dining room, kitchen with pantry and guest WC, along with two covered terraces that can be reinstated. The private quarters are arranged around three en-suite bedrooms and a well-proportioned dressing area.

The building offers a resident concierge, lift, service staircase and storage room, as well as access to a residents’ parking facility.

Owing to its location, floor level and overall characteristics, this represents an opportunity to develop a residential project in one of Almagro’s most established addresses.

For further information, please do not hesitate to contact us.