Flat for sale in Castellana Flat for sale in Castellana Flat for sale in Castellana Flat for sale in Castellana Flat for sale in Castellana Flat for sale in Castellana Flat for sale in Castellana

Luxury Apartment for renovation in Castellana | Salamanca | Madrid

Castellana, Madrid, Madrid province

2,960,000 € Updated 29 days ago

241 m² built, 3 bedrooms, 4 bathrooms

Flat for sale in Castellana

Exclusive luxury apartment for renovation*, located on the third floor in the prestigious Castellana neighborhood, between the iconic streets of Serrano and Hermanos Bécquer—one of the most sought-after areas in the prime real estate market.

Set within an elegant classical building, the property offers 241 sqm of built area and stands out for its exterior orientation, desirable south-facing exposure, and impressive 3-meter-high ceilings, enhancing the sense of space, light, and architectural grandeur throughout. The abundance of windows and the absence of load-bearing walls provide complete flexibility to tailor the layout to individual needs, making it an ideal canvas for a bespoke residential project.

Currently in need of renovation, the property presents a unique opportunity to design a home to the highest standards of comfort and sophistication. In addition, several refurbishment proposals are already available, allowing for different layout options, including a configuration with four spacious en-suite bedrooms, a guest powder room, and an expansive open-plan living area designed to maximize natural light and spatial flow.

The building offers the amenities expected of a representative classical residence, including dual lifts, concierge service, central heating, a service staircase, and well-maintained interior patios.

A rare opportunity to create a fully customized luxury residence in one of Madrid’s most prestigious addresses, combining classical architecture, prime location, and outstanding potential for value appreciation.

*Images shown are architectural renderings based on available design projects and are provided for illustrative purposes only.

Property Details

  • M1479
  • Flat
  • 3 Bedrooms
  • 4 Bathrooms
  • 241 m² Built
  • Amenities near
  • Balcony
  • Central heating
  • Close to restaurants
  • Close to shops
  • Close to town
  • Doorman
  • Living room
  • Renovation Needed
  • Street view
  • Transport near
  • Unfurnished

Video

Price, costs & taxes

Asking price 2,960,000 €
Built m² 241 m²
Price per m² Built 12.282 €
IBI 2.561 € / year
Community Fee 419 € / month

The sale price does not include expenses and taxes. Additional costs for the buyer: registration and notary fees, ITP (Transfer Tax) or in its absence VAT, and AJD (Stamp Duty) on new properties and subject to some requirements to be met. These costs and taxes are different depending on the province / autonomous community where the property is located and even on certain specific aspects of the buyer. All details and information sheet are available upon request from Christie's International Real Estate Madrid. This information is subject to errors, omissions, modifications, prior sale or withdrawal from the market.

About the building

Year Built 1920
Levels 3
Property type Flat
EPC In Progress

Listing agent

Location

  • Castellana
  • Madrid
  • Madrid province

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Disclaimer This is a property advertisement (REF M1479) provided and maintained by Christie's International Real Estate Madrid, C/ Núñez de Balboa, 12 28001 Madrid Madrid, and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties. PropertyTop.com does not own or control and is not responsible for the properties,website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to.