Spacious Three-Bedroom Penthouse with Large Terrace in Retiro, Madrid
€4,050,000
€11,842/m²
- 3
- Bedrooms
- 3
- Bathrooms
- 342 m²
- Interior
- Penthouse
- Type
- 29 Aug 2026
- Listed
The Habio take
This exceptional penthouse offers 342 m² of living space, highlighted by a generous 92 m² terrace. Located in the desirable Retiro district of Madrid, it combines urban living with access to green spaces, shops, and cultural attractions.
- city
- family
- garden
- luxury
- walkable
Highlights
- Spacious 342 m² interior plus 92 m² terrace
- Three parking spaces included
- Central heating and air conditioning
- Located in desirable Retiro area
- Bright rooms with clear views
- Well-suited for families or professionals
Worth knowing
- Potential noise from urban environment
- No lift mentioned; check accessibility for elderly
Good fit for: Ideal for families or professionals seeking spacious urban living in Madrid.
Lifestyle scores
- Beach
- 0
- Walkable
- 85
- Remote work
- 80
- Family
- 90
- Retirement
- 75
- Airport access
- 70
- Investment
- 85
- Luxury
- 80
- Value
- 65
About this place
This penthouse for sale is located in the Retiro area of Madrid, offering 342 m² of constructed space and 232 m² usable, along with a 92 m² terrace designed for comfortable living. Situated in a seven-storey building with a lift, the property benefits from central heating and air conditioning for year-round comfort.
It features three bedrooms and three fully equipped bathrooms, making it suitable for families or individuals seeking spacious privacy. The thoughtfully optimised layout maximises every square metre, with bright living areas that facilitate daily life and remote working. The expansive terrace seamlessly extends the living room, perfect for gatherings, outdoor dining, or relaxation.
Natural light floods the main rooms, enhancing the feeling of space and providing clear views. The well-equipped kitchen connects to communal areas, promoting ease of everyday living and interaction. Retiro’s location provides quick access to parks, shops, restaurants, and essential services, supported by an excellent transport network including nearby bicycle rental and metro stations.
Educational and leisure options abound in the area, enhancing everyday quality of life. The property is meticulously maintained, featuring modern finishes that allow for minor adjustments to fit personal tastes without major renovations. The three parking spaces included offer true convenience in a city where parking can be challenging. Overall, this penthouse presents a competitive opportunity for those seeking ample space, comfort, and a sought-after urban setting in Madrid.
What this place offers
- air conditioning
- heating
- fireplace
- garage
- parking
- terrace
- lift
Where you’ll be
Madrid, Madrid, Spain
Exact location is confirmed by the agent on enquiry.
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
