Apartment · Madrid

3-bedroom apartment in Serrano (Recoletos), Madrid

€3,530,000

  • 3 bedrooms
  • 3 bathrooms
  • 191 m²
  • Ref. MAS709537

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This property presents a rare opportunity for buyers seeking a truly tailor-made residence. The property is sold fully demolished and stripped back, providing a clean architectural canvas from which to create a completely bespoke home without the compromises of an existing renovation.

Its current condition allows the future owner to define every aspect of the project, from the distribution and spatial concept to the materials, lighting, kitchen, bathrooms and interior finishes.

Depending on the final design, quality of materials and level of customization, the estimated renovation investment is approximately 200,000 to 500,000.

Rather than paying a premium for somebody elses renovation, this property offers the opportunity to allocate that investment directly into creating a residence designed specifically for its new owner. It is particularly suited to buyers who value architecture, design and the ability to achieve a genuinely individual result.

Details

Built area
191 m²
Property type
Apartment
Town
Madrid
Features

Other features

  • Terrace
  • Urban view

Living here

Serrano (Recoletos), Madrid

The capital's most sought-after neighbourhoods, from Salamanca to La Moraleja.

Madrid is one of Europe's great capitals: elegant, sociable and increasingly international. Its historic districts, wide boulevards and leafy residential suburbs offer a very different way of living from the coast, and many of our clients own in both. Salamanca, Chamberí, Retiro and Justicia offer classic city living; El Viso and Chamartín are quieter, while La Moraleja, Pozuelo de Alarcón and Aravaca offer houses, gardens and international schools just outside the centre.

  • Serrano (Recoletos)
  • Madrid
  • Spain
Approximate location

Fit and lifestyle

May suit

  • Outdoor living through most of the year

Worth seeing in person

  • How the light moves through the rooms during the day.
  • The pool, the garden and the terraces around them.

The market in Serrano (Recoletos)

Market at a glance

1Homes currently published here
€3.53mCurrent published price range

1 Live Meklara inventory

Asking prices · Madrid

€6,427/m²

Asking price per m²+1.3% on a year earlier

€23.4/m²

Asking rent per m², a month+4.5% on a year earlier

4.4%

Gross rental yielda year’s asking rent ÷ asking price

Source: idealista price reports, October 2026: the asking prices of homes advertised for sale and to rent in Madrid.

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