FANTASTIC PENTHOUSE IN CHAMBERI (ALMAGRO)

The Avenue Select Real Estate is pleased to present this extraordinary penthouse located in the distinguished neighbourhood of Almagro, one of the most stately, representative, and sought-after areas of Madrid. Situated in the heart of the Chamberí district, Almagro constitutes one of the most prestigious residential enclaves in the capital. Its classical architecture, the presence of embassies and diplomatic headquarters, restored palaces, and historic buildings create an environment of high heritage value and timeless aesthetics. Almagro represents the perfect balance between tradition and modernity. Its elegant layout, stately façades, and established residential atmosphere make it one of the most sought-after locations by both national and international buyers. The area offers: Proximity to embassies and institutional bodies. First-class gastronomic restaurants and unique spaces. Boutiques and select shops. International schools and prestigious educational centres. A wide cultural offering: museums, galleries, theatres, and exhibition spaces. Private clubs and renowned sports centres. Its excellent connectivity — via metro, multiple bus lines, and commuter trains — allows for easy access to the historic centre, the financial hub of AZCA, the Salamanca neighbourhood, and the main arteries of the city. The constant improvement of the urban environment, along with the structural scarcity of quality housing in classic buildings, makes this property a high-potential asset for sustained appreciation. The building: character, history, and distinction. The residence is located on the seventh floor of an elegant classic building from the 1920s, representative of early 20th-century Madrid residential architecture. The building retains original elements of great value, including its emblematic cage lift and architectural details that evoke the nobility of its era. It has a physical doorman, providing security, personalised attention, and an additional level of comfort for residents. The residence: light, height, and potential. With a surface area of 205 m², this penthouse stands out for its exceptional brightness and privacy, qualities enhanced by its height and south-facing orientation, which ensure natural light throughout the day. Among its main attributes are: 3-metre high ceilings, which enhance the sense of spaciousness and elegance. Unobstructed views that provide serenity and intimacy in the heart of the urban centre. Two currently covered terraces, with the possibility of recovery, offering extraordinary potential to create high-value private outdoor spaces. The property features a balanced and functional layout: Three spacious bedrooms, all with en-suite bathrooms, ensuring independence and maximum comfort. Independent kitchen with pantry, designed for practical use without sacrificing aesthetics. Generous and versatile spaces that allow for multiple configurations according to the future owner’s needs. Storage room, providing additional storage capacity. Parking space in the residents’ garage. The whole conveys a unique combination of classic architecture, elegant proportions, and possibilities for contemporary updating, allowing the residence to be adapted to the most demanding standards of the current market. Value as a heritage investment. Almagro maintains one of the most solid and stable demands in the Madrid real estate market. The presence of international professionals, executives, and families seeking quality of life in a distinguished environment guarantees: High rental demand in the premium segment. Excellent asset liquidity. Stability in heritage value. Projected appreciation in the medium and long term. The combination of a classic building, penthouse height, south orientation, and recoverable terraces creates a scarce product in the market.