Reference : APM-86102828

Madrid – City Center – Universidad – San Bernardo – Renovated apartment in protected building exempt from property tax with 2 suites and strong investment potential

2 Bedrooms 128 m² 2 bathrooms

€ 1,200,000

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BARNES Madrid presents this unique 128 m² residence located in a protected building, exempt from property tax (IBI) and with very low community fees. Perfectly positioned facing the Ruiz Jiménez fountain, between the Almagro and Malasaña neighborhoods — an area undergoing transformation with strong potential for future appreciation — this is an exceptional investment opportunity in the heart of Madrid.

Located on a first floor with the height of a second, this property combines the charm of a historic building with a comprehensive contemporary renovation featuring high-end materials and meticulous attention to detail.

From the entrance, space and natural light take center stage. The living-dining room, warm and elegant, opens to the street through two balconies, one of them enclosed in glass, creating a cozy viewing space with leafy views — a rare sense of calm and privacy in central Madrid.

The open-plan kitchen with a central island blends functionality and design. From Línea 3, it is fully equipped with Bosch integrated appliances and generous storage space, ideal for those who appreciate design and practicality.
A guest toilet and an independent laundry area complete the social area.

The night area offers two bedroom suites, both with large windows, custom wardrobes, and en-suite bathrooms with spacious showers, bespoke vanities, premium fittings, and Porcelanosa finishes.

The renovation has preserved the property’s original character while enhancing it with modern details: Porcelanosa large-format floors in common areas and natural wood in bedrooms, designer radiators, ducted air conditioning with room-by-room control, and individual gas heating.

The interior doors, newly installed and of contemporary floor-to-ceiling design, add a modern aesthetic consistent with the property’s style.
The exterior windows and doors leading to the balconies are made of wood with Climalit double glazing, preserving the architectural integrity and original facade design, while the remaining frames are aluminum with Climalit double glazing, ensuring excellent thermal and acoustic insulation without sacrificing elegance or harmony.

The Nordic-inspired décor enhances light and balance, creating a warm and serene atmosphere.

This historic building, recognized as a heritage property, is exempt from property tax (IBI) and enjoys low community expenses, making it an ideal option both for living and investment.

Located in San Bernardo, near the Ruiz Jiménez roundabout, between Almagro and Malasaña, this property benefits from a prime location, surrounded by culture, gastronomy, and leisure, with excellent public transport — San Bernardo metro just steps away — and quick access to the city’s main arteries.

A unique property that unites heritage, design, and investment value in one of Madrid’s most authentic locations.

We invite you to visit it, as well as to explore our BARNES Madrid website to discover our curated selection of unique and exclusive properties.

ReferenceAPM-86102828
LocationMadrid
TypeApartment
Bedrooms2
Surface128 m²
Bathrooms2
Year of construction1904
Floor1
Number of floors5

Prices displayed in a currency other than that used for the final transaction may vary depending on the exchange rate at the time of purchase. Only the price in local currency is valid at the time of sale.

This property is presented by

Francisco BENEDICTO

Francisco BENEDICTO

BARNES Madrid
C/ Velázquez 15
28001 Madrid

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The information collected is necessary for BARNES to process your request. You have the right, at all times, to access, rectify and delete any personal information concerning you. The information collected is necessary for BARNES to process your request. You can consult our Data Protection Charter by clicking on this link. You have the right to access, modify and delete your data at any time. In accordance with Article L223-2 of the Consumer Code, the CLIENT is informed of their right to register free of charge on the cold calling opposition list, under the conditions defined in Articles L 223-1 et seq. of the Consumer Code. This right to object may be exercised by the CUSTOMER via a website managed by the organisation designated by the public authorities to administer this list. The website address is as follows: https://www.bloctel.gouv.fr

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This property is presented by

Francisco BENEDICTO

Francisco BENEDICTO

BARNES Madrid
C/ Velázquez 15
28001 Madrid

Discover the agency

TO CONTACT US

Your contact details

* Required fields
* Required fields
* Required fields
* Required fields

The information collected is necessary for BARNES to process your request. You have the right, at all times, to access, rectify and delete any personal information concerning you. The information collected is necessary for BARNES to process your request. You can consult our Data Protection Charter by clicking on this link. You have the right to access, modify and delete your data at any time. In accordance with Article L223-2 of the Consumer Code, the CLIENT is informed of their right to register free of charge on the cold calling opposition list, under the conditions defined in Articles L 223-1 et seq. of the Consumer Code. This right to object may be exercised by the CUSTOMER via a website managed by the organisation designated by the public authorities to administer this list. The website address is as follows: https://www.bloctel.gouv.fr

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