2 Bedroom apartment for sale in Retiro, Madrid

Lucas Fox Madrid presents this penthouse to renovate in the well-known and sought-after Ibiza/Retiro neighbourhood , an attractive investment option. Located in a classic building , the property stands out for its traditional architecture and functional layout . With a well-utilized surface area, it offers exceptional light thanks to its windows in every room and ceilings nearly 3 meters high, creating a feeling of spaciousness and elegance. Three exterior balconies offer unobstructed views and a connection to the dynamic life of the neighbourhood.

This property not only meets personal needs for comfort and style, but also promises significant appreciation potential. The constant demand and scarcity of floor in the area ensure an attractive return on investment. With a high level of security and prestige, this property is an ideal choice for those seeking a luxury home in a strategic and growing location.

It's worth noting that the property is currently demolished, revealing its potential as it lacks load-bearing walls. This feature offers the buyer the unique opportunity to design and customize the space according to their preferences. Additionally, the buyer is offered an innovative proposal, with various renovation options to choose from, to adapt the property to the specific tastes and needs of the future owner.

High demand and limited availability in this coveted location add to the potential for profitability. Contact us for more information.

• Classical building (1928)
• West facing
• 3 meter high ceilings
• Individual heating
• Patios in good condition
• Elevator
• Three exterior balconies
• Prime location (two minutes walk from Retiro Park)

• living-dining room
• Kitchen
• 2 bedrooms
• 2 bathroom

This property is located in the Retiro neighbourhood of Ibiza, one of Madrid's most sought-after areas , just steps from the iconic Retiro Park. This prime location offers everything from culture, leisure, nature, and the finest cuisine.

The neighbourhood offers a wide variety of amenities to meet every need: first-class restaurants, fashion boutiques, department stores, and the Ibiza market, where you'll find fresh, quality produce. It also has access to some of the city's most prestigious hospitals, such as the Gregorio Marañón Hospital and the QuirónSalud Madrid Hospital.

Getting around Madrid is very easy from this location. The Ibiza and Alcalde Sáinz de Baranda metro stations connect to the rest of the city in a matter of minutes. Numerous bus lines also complement the neighbourhood's public transportation network.