Apartment in 3°, Madrid

GILMAR presents this exterior apartment located in the heart of Malasaña, one of Madrid city centre’s most vibrant and sought-after neighbourhoods. The property offers 119 sqm of built area and is located on the first floor of a classic building dating back to 1900. One of its main highlights is its exterior position and street-facing balconies, which provide natural light and the distinctive charm of traditional central Madrid homes. The current layout clearly separates the daytime living area, which is particularly bright and pleasant, from the more private areas of the property. Its generous proportions and existing configuration offer excellent possibilities for redesign and redistribution. The apartment requires renovation, making it an ideal opportunity to create a fully bespoke home while taking advantage of its size, natural light and original character. A property with strong potential both as a permanent residence and for buyers looking for an investment opportunity in one of Madrid’s most established and desirable locations. Situated in Malasaña, the property is surrounded by shops, restaurants, cultural venues and all essential services, while being just a short walk from Gran Vía, Tribunal, Chueca and Madrid’s historic centre. A unique opportunity to create a distinctive home in the very heart of Madrid.