Exclusive Three-Bed Penthouse in Recoletos, Madrid
€1,950,000€10,104/m²
3
bedrooms
3
bathrooms
193 m²
interior
Apartment
property type
2 weeks ago
listed
The Habio take
AI summaryThis beautifully renovated three-bedroom penthouse boasts a generous living area of 193 m² and is located in the prestigious Recoletos neighbourhood. Enjoy proximity to Retiro Park, excellent public transport links, and a vibrant local community filled with amenities.
- city
- luxury
- family
- walkable
Highlights
- Prime location in Recoletos
- Fully renovated penthouse
- Three spacious suites with ensuites
- High-end kitchen appliances
- Close to Retiro Park
- Strong investment opportunity
Worth knowing
- Higher price point for the area
- Limited outdoor space unless through nearby parks
Good fit for: Ideal for those seeking luxury living in a central, vibrant Madrid location.
Lifestyle scores
- Beach
- 0
- Walkable
- 90
- Remote work
- 80
- Family
- 75
- Retirement
- 70
- Airport access
- 75
- Investment
- 85
- Luxury
- 90
- Value
- 60
About this place
This exclusive top-floor penthouse is nestled in the sought-after Recoletos neighbourhood of Madrid, offering 193 m² of elegantly designed living space. Comprising three independent suites, each featuring its own ensuite bathroom, this apartment ensures privacy and comfort for all guests. The American kitchen is fully furnished with high-end appliances, catering to both functionality and style.
The apartment showcases high ceilings, oak flooring, and three spacious living rooms, creating an inviting atmosphere for relaxation or entertaining. Completely renovated, it maintains a stately appearance with a classic facade and a distinguished entrance. The property includes a storage room and is serviced by an elevator for convenience.
Nestled just three minutes from the Retiro metro station and two minutes from the Puerta de Alcalá bus station, this penthouse offers exceptional connectivity. Residents will appreciate the proximity to local supermarkets, schools, shopping centres, and medical centres, making it a perfect setting for families or those seeking a central urban lifestyle.
What this place offers
- elevator
- storage
- heating
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
