Two-Bed Apartment with Terrace in Recoletos, Madrid
€1,150,000
€15,972/m²
- 2
- Bedrooms
- 2
- Bathrooms
- 72 m²
- Interior
- Apartment
- Type
- 30 Jul 2026
- Listed
The Habio take
This 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
Getting around
Adolfo Suárez Madrid–Barajas (MAD)
~14 min drive · 13 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)
- 164 km
- Nearest city
- Valladolid
- 163 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
