Two-Bed Apartment with Terrace in Recoletos, Madrid
€1,150,000€15,972/m²
2
bedrooms
2
bathrooms
72 m²
interior
Apartment
property type
30 Jul 2026
listed
The Habio take
AI summaryThis exclusive two-bedroom apartment boasts a fantastic terrace and is situated in the prestigious Recoletos neighbourhood. With its central location in the Salamanca district, enjoy luxurious urban living in the heart of Madrid.
- city
- investment
- luxury
- walkable
Highlights
- Excellent west-facing orientation
- Features a lovely terrace
- Located in prime Salamanca area
- Two double bedrooms
- Includes concierge service
- Ideal for investment or residence
Worth knowing
- Located on the fourth floor, no lift mentioned
Good fit for: Ideal for buyers seeking stylish city living or investment opportunities in a vibrant area.
Lifestyle scores
- Beach
- 0
- Walkable
- 90
- Remote work
- 70
- Family
- 60
- Retirement
- 65
- Airport access
- 80
- Investment
- 85
- Luxury
- 75
- Value
- 50
About this place
This exclusive property is located in the heart of Recoletos, on the prestigious Núñez de Balboa street. Situated on the fourth floor, it overlooks a spacious courtyard, offering extraordinary brightness and a pleasant west orientation that fills the space with natural light throughout the afternoon.
The apartment features a total of 72 m², perfectly distributed with a cozy and functional living area, two double bedrooms, and two fully equipped bathrooms. The apartment is complemented by a fantastic terrace, providing an enjoyable outdoor space in one of Madrid's prime locations.
Housed in a representative building from 1960, the property benefits from a concierge service, as well as central heating and hot water, ensuring comfort and efficiency year-round. This is an excellent opportunity for both living and investment in one of the most sought-after areas of the Salamanca neighbourhood.
What this place offers
- central heating
- terrace
- concierge service
Where you’ll be
Madrid, Madrid, Spain
Location is approximate — exact address is confirmed by the agent.
Open in Google MapsBuying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
Spain ended its Golden Visa property route in April 2025.
Non-resident mortgages are widely available, typically 60–70% LTV.
Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax.
Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
