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4 Beds
2 Baths
191 sqft

$3,248,208

Calle de Núñez de Balboa, Madrid, 28001

Price per sqft$17,006.32
Built in1925
Property size191 sqft
Property typeCondominium

Overview

Active

Listed Jul 30, 2026

Updated 34h ago

Located in Recoletos, one of the most prestigious areas of the Salamanca neighborhood, this property represents an excellent opportunity to create a personalized residence in one of the most exclusive locations in Madrid. Situated in an elegant building constructed in 1925, the residence features 211 m² and is currently distributed into four bedrooms and two bathrooms. Its current condition offers ample possibilities for renovation, allowing the spaces to be adapted to the needs and preferences of its future owner. The building includes an elevator and concierge service. The residence has central gas heating and is ready for the installation of air conditioning, providing comfort and functionality. Its urban views complete the property's Madrid character. The location allows you to enjoy a wide range of luxury shops, parks, educational centers, and hospitals. An attractive opportunity to acquire and transform a generously sized home in the heart of Recoletos, either as a primary residence or investment in Madrid. *The initial images show an illustrative representation of how the space might look after renovation.

$21,610/mo

Est. mortgage payment based on a $3,248,208 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
326869
Available since
July 30, 2026

Interior Features

Bedrooms
4
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

 Courtesy of Orlando Vega Avendaño | Spain Sotheby's International Realty

Based on information from DASH - Sotheby's International Realty (SIR) as of 10/11/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

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Data last updated 5:34 AM UTC, 10/11/2026

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