2-room flat 179 m², Cortes-Huertas, Madrid

Elegant Palacio Apartment with Timeless Charm and Modern Potential in Prime Recoletos, Featuring Expansive Balconies

Barnes presents a stunning 179 m² apartment for sale in a beautifully restored Casa Palacio located on Salustiano Olózaga street. The building, with its striking early 20th-century classical façade, was carefully rehabilitated in 1988 and sits next to another protected palace, adding to the historic charm of this exceptional location.

One of the standout features of this residence is its expansive frontage, offering over 20 meters of linear space, with three continuous balconies facing the street and two enclosed bay windows that allow for an abundance of natural light.

The apartment is situated on an extremely high first floor, giving it the benefits of both elevated privacy and outstanding natural light, which is further enhanced by its prime position in front of the French Embassy, benefiting from its enhanced security.

This property has been constructed using the highest quality materials, including luxurious marble finishes, reflecting elegance and sophistication throughout the space. Currently, the property is configured as a spacious one-bedroom suite, complete with a bathroom and walk-in closet, along with a separate guest powder room. However, the original layout, which included three bedrooms, could easily be restored. Alternatively, it could be transformed into a two-bedroom layout, each with en suite bathrooms, plus a guest powder room.

The apartment, decorated by the renowned Pascua Ortega, could benefit from an update to personalize both its layout and decoration. This could be done cost-effectively, preserving the timeless luxury features and character of the space while adapting it to the buyer’s needs.

Additionally, the property is just steps away from Plaza de Independencia, Jorge Juan, Retiro Park, and the trendy Justicia neighborhood. This is a unique opportunity to acquire an extraordinary property in one of the most prestigious streets in Recoletos, part of the Salamanca district in Madrid.