This property is located on Ibiza Street, in the sought-after Retiro district, one of Madrid’s most attractive residential areas thanks to its lifestyle, green surroundings and immediate proximity to Retiro Park, just a short walk away
The apartment offers 192 sqm and is currently in need of renovation, providing an exceptional opportunity to create a bespoke home or a high-value real estate project. It features four bedrooms, four bathrooms, a private parking space and full-time doorman service, all highly valued amenities in this location.
The layout is generous and flexible, allowing for the creation of spacious living areas, en-suite bedrooms and contemporary open-plan designs. A renovation would significantly enhance both comfort and market value.
Ibiza Street is well known for its vibrant lifestyle and outstanding culinary scene, home to iconic restaurants such as Arzábal, La Castela, Florida Retiro and Sa Brisa, as well as local shops, cafés, markets and excellent public transport connections. Nearby hospitals, schools and green spaces further increase its appeal.
Thanks to its location, size and redevelopment potential, this property represents an excellent investment opportunity in one of Madrid’s most resilient and high-demand residential areas.