Sophisticated Penthouse with Terrace in Almagro, Madrid
€1,300,000
€11,712/m²
- 2
- Bedrooms
- 2
- Bathrooms
- 111 m²
- Interior
- 85 m²
- Plot
- Penthouse
- Type
- 17 Sept 2026
- Listed
The Habio take
This sophisticated penthouse in Almagro features a 26 sq m private terrace, perfect for outdoor living. Located in one of Madrid's most prestigious residential districts, it offers contemporary design with classic charm.
- city
- luxury
- quiet
- walkable
Highlights
- Private 26 sq m terrace
- Fully furnished and modern interior
- Located in sought-after Almagro
- Two spacious bedrooms and bathrooms
- Recently renovated in classic building
Good fit for: Ideal for professionals or couples seeking a stylish city lifestyle.
Lifestyle scores
- Beach
- 0
- Walkable
- 90
- Remote work
- 80
- Family
- 65
- Retirement
- 70
- Airport access
- 75
- Investment
- 85
- Luxury
- 90
- Value
- 60
About this place
This sophisticated penthouse is located in the prestigious Almagro neighbourhood, one of Madrid’s most elegant and established residential districts. Occupying a classic period building, it combines contemporary design, privacy, and outdoor living in the heart of the city.
The property spans 111 sq m, featuring 85 sq m of beautifully renovated interior space complemented by an impressive 26 sq m private terrace with a desirable south-facing orientation. This bright outdoor space is perfect for soaking up Madrid’s enviable lifestyle throughout the year.
Inside, the residence is brand new and fully furnished, with an elegantly designed layout that includes a harmonious living room, dining area, and kitchen. It comprises two bedrooms and two bathrooms, ideal for comfort and privacy whether for full-time living or extended stays in the capital. This distinctive Almagro residence excellently merges the architectural charm of a classic Madrid building with the modern comforts of a contemporary renovation.
What this place offers
- terrace
- furnished
Getting around
Nearest beach · Beach
~14 min drive · 9.1 km
Adolfo Suárez Madrid–Barajas (MAD)
~16 min drive · 14 km
Approximate, measured from the property's area rather than its exact address. Drive times © OpenStreetMap contributors (OSRM); airports: OurAirports.
Where you’ll be
Madrid, Madrid, Spain
- Nearest airport
- Madrid (MAD)
- 12 km
- Also close
- Salamanca (SLM)
- 163 km
- Nearest city
- Valladolid
- 161 km
Marker is the location supplied by the agency — approximate, and often deliberately so. The exact address is confirmed on enquiry. Distances are straight-line.
Buying 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
