Apartment to renovate in Salamanca

Located on one of the most emblematic streets in the Salamanca district, on the most prestigious and established stretch of Príncipe de Vergara Street, this property offers an exceptional opportunity for those seeking space, architectural character, and a location that transcends trends and market cycles. It is situated in an elegant, residential, and perfectly connected area, surrounded by classic buildings, quality shops, and well-established services, maintaining the neighborhood’s historical prestige intact.

The property is located in a stately building with traditional architecture, featuring a grand entrance and elevator, reflecting an era when homes were designed with spaciousness, proportion, and durability in mind. From the moment you step inside, the building exudes solidity and distinction, values ​​increasingly difficult to find in today’s residential market.

With 188 square meters of living space, the property offers an unusual scale for the area, especially suited to those who appreciate spaciousness and the opportunity to design a truly bespoke home. The current layout follows the classic typology of large Madrid homes, with spacious rooms, generous hallways, and a clear separation between living and sleeping areas.

The apartment currently has four bedrooms, all of them generously sized, allowing for multiple configurations to suit the future owner’s needs: from a large master suite with a dressing room and bathroom, to family bedrooms, workspaces, or guest rooms. This versatility makes the property an ideal base for both a family residence and a more prestigious project.

It also features two full bathrooms, both with natural ventilation, a particularly valuable feature in this type of property and increasingly rare in the neighborhood. The kitchen is separate and has a window, offering natural light and the possibility of either maintaining its traditional character or opening it up to social areas, depending on the renovation plan.

One of the home’s greatest assets is its main living space, which allows for a spacious, bright, and inviting living-dining room with access to a terrace. This provides a welcome outdoor escape and a direct connection to the tree-lined urban environment of Príncipe de Vergara. This space becomes the natural heart of the home, ideal for entertaining, socializing, and enjoying daily life in a spacious and light-filled environment.

The herringbone wood floors, original woodwork, high ceilings, and preserved moldings lend undeniable heritage value. These elements not only define the building’s aesthetic but also create an atmosphere difficult to replicate in contemporary developments. This architectural foundation provides the perfect setting for a high-level renovation, capable of combining respect for the original features with modern solutions, creating a balance between history and contemporary design.

The property is completed with a storage room, a functional addition highly appreciated in this type of property, which enhances comfort and storage capacity without compromising the main spaces.

Thanks to its size, structure and location, the property offers multiple redistribution options: a large living room with several distinct areas, a master suite with dressing room and bathroom, a separate office or additional bedroom, an open or closed kitchen depending on preferences, spaces designed for both daily life and performance.

Ultimately, this is a property designed for those who understand the value of the essential: a prime address, architecture with soul, generous square footage, and enormous potential for transformation. This is a home that doesn’t seek standard solutions, but rather invites reinterpretation and elevation, becoming a unique residence or a high-end heritage project in one of Madrid’s most sought-after areas.

Location:

Príncipe de Vergara Street is one of Madrid’s major thoroughfares and, at the same time, one of the most highly regarded for its balance of prestige, residential life, and urban quality. It runs through some of the city’s most established neighborhoods, and the section within the Salamanca district is particularly sought after.

It is a wide, tree-lined, and bright avenue, characterized by stately homes, elegant entrances, and architecture that reflects different eras of Madrid’s more residential and bourgeois past. Príncipe de Vergara offers a sense of an orderly, comfortable, and functional city, with generous sidewalks, smooth traffic flow, and an urban life that unfolds with discretion and quality.

On a practical level, its location is unbeatable: excellent public transport connections, direct access to the city’s main thoroughfares, and a wide range of shops, services, schools, medical centers, and restaurants, all seamlessly integrated into daily life. Living on Príncipe de Vergara means enjoying a vibrant yet balanced street, elegant without being ostentatious, and deeply rooted in Madrid.

The Salamanca district has been one of the most prestigious residential areas of the capital for over a century. Conceived in the 19th century as a modern urban development project for its time, it is characterized by its regular layout, its high-quality buildings, and a clear residential focus that has been maintained and has evolved over time.

Salamanca is synonymous with elegance, stability, and heritage. Its streets boast some of Madrid’s finest residences, as well as top-tier shopping and dining, with international boutiques, specialty stores, traditional markets, and renowned restaurants. All of this coexists with a peaceful, safe, and perfectly organized neighborhood life.

The district also stands out for its proximity to green spaces, museums, cultural and financial centers, making it an ideal option for both families and professionals seeking a high quality of life without sacrificing central location. Furthermore, its urban and social character ensures consistent and strong demand, solidifying its reputation as one of the safest areas from a residential and property perspective.

Living in Príncipe de Vergara, within the Salamanca district, means enjoying a combination that is hard to match:

• Strategic location in the center of Madrid, perfectly connected to the rest of the city.
• High-quality residential areas, with classic buildings, representative entrances, and large homes.
• A safe, orderly and consolidated environment, ideal for a comfortable and stable life.
• Full range of services: local shops, restaurants, educational and health centers.
• Real estate value and stability, with constant demand both nationally and internationally.
• Sophisticated urban lifestyle, where everything is close by, but without sacrificing peace and privacy.

Choosing this area means opting for a way of experiencing Madrid characterized by serenity, architecture, and quality. It’s a location that transcends trends, enduring through its urban coherence, historical prestige, and ability to adapt to contemporary needs without losing its identity.

A space with history, depth, and potential. Schedule a private visit and discover a home designed for those who know how to choose.