Light and Art in Malasaña

On a quiet street in Malasaña, this fully renovated apartment brings together the elegance of a protected historic building with a contemporary design defined by clean, refined lines.

Its standout features are the approximately 3.5-metre-high ceilings, the natural light, and the two balconies overlooking Marqués de Santa Ana, which create a rare sense of openness and calm in the heart of the city.

The layout is designed for comfortable everyday living: a generous open-plan living, dining and kitchen area, two double bedrooms with en-suite bathrooms — one exterior-facing and the other with a dressing area — as well as a guest powder room. Bespoke joinery and carefully optimised storage complete a renovation executed with great attention to detail.

One distinctive touch: an original painting by a local artist, created specifically for the apartment, which give the home character in a subtle and understated way.

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Bright living room with white walls, beige furniture, wooden parquet floors, wall art, and a glass coffee table.
A modern, minimalistic living room with white walls, light-colored furniture, and abstract artwork on the wall. The room has a glass coffee table and two armchairs.
A modern living room with a white sectional sofa, a glass coffee table, and two curved beige chairs. There is a wooden fireplace mantel with candles and books, and abstract artwork on the wall. A large window with wooden shutters opens to a balcony w
Modern living room with cream sofa, two cream armchairs, glass coffee table, decorative wood beams on the wall, round mirror above fireplace, large window with wooden shutters, and minimalist lighting fixture.
A modern, minimalist living room with white walls, light wood flooring, and simple furniture, including a white sofa, two white armchairs, a glass coffee table, and a wooden fireplace mantel with a round mirror above it. There are artworks on the wal
Modern ceiling with recessed lighting, decorative medallion, and a contemporary LED chandelier in a minimalist room.
Modern dining room with a wooden table, six chairs, and kitchen cabinets in the background. The room features a wooden ceiling beam and circular ceiling lights.
Modern dining room with a wooden table surrounded by six chairs, a built-in kitchen with black countertops and gray cabinets, and wooden accents on the ceiling beam and doorway frame.
Modern kitchen with white cabinets, a black marble countertop and backsplash, black faucet, and glass-front upper cabinets containing glasses and small plants. There are three electrical outlets and a window allowing natural light.
Modern kitchen and dining area with wooden table, six chairs, and sleek gray cabinetry, with a neighboring sunlit living space.
Modern kitchen with beige cabinets, black marble backsplash, and a wooden dining table with chairs.
Modern kitchen with white cabinets, black countertops, a wooden dining table, and four chairs. There is a large window with natural light, a built-in oven, and a glass-front cabinet with glassware.
Modern interior ceiling with recessed lighting, decorative molding, exposed wooden beams, and a contemporary chandelier in a bright room.
Kitchen countertop with jars of pasta and chickpeas near a window with a view outside. Modern countertops and cabinetry.
Modern kitchen sink area with black marble backsplash, a faucet, and two electrical outlets with wooden covers. A magazine is open on the right side of the counter above white cabinets. Glass cabinets with various decorative items are above.
A minimalist bedroom with a white bed, brown and beige pillows, an orange blanket, two round orange ottomans, a unique white chair with wooden accents, a white rug, and a large window with wooden shutters.
A minimalist bedroom with white walls, a white bed with pillows, a rust-colored blanket, and two round rust-colored stools. There is a wooden side table, a large white wardrobe, and a doorway leading to a bathroom with towels on a rack.
A bedroom with a large bed, a window with wooden shutters, a small white chair, two round orange ottomans, a white oval rug, and built-in white cabinets.
Modern bedroom with a large white bed, beige and white pillows, rust-colored throw, and two brown nightstands with lamps, wooden floor, and a window with a wooden shutter.
A bedroom with a white bed, beige and white pillows, a brown and tan decorative pillow, a wooden nightstand with a small lamp, and a white wall with simple molding.
Side of a bedroom showing a large white closet, a round cream-colored chair on a small white rug, a wooden window with shutter, radiator, and part of a bed with an orange blanket.
A bedroom with a white bed covered with an orange blanket, a pair of round ottomans, and a white armchair in front of a window with French doors leading to a balcony.
view through a closed glass door with wooden frame, looking out at a neighboring building with balconies and windows
View of a street with yellow and beige apartment buildings, some with balconies and window shutters, and a tree on the sidewalk, under a partly cloudy sky.
Modern bathroom with a walk-in shower, two stone sinks on a wooden vanity, large mirror with backlighting, and a view into a bedroom with a bed, a window, and a sitting area.
Modern bathroom with double stone vessel sinks on a wooden vanity, beige tiled walls and floor, two mirrors, towel rail with towels, and a walk-in shower area with a drain.
Modern bathroom with a floating wooden vanity, two stone vessel sinks, large wall mirror, black towel radiator, beige tiled walls and floor, black soap dispenser, and toothbrush holder.
Modern bathroom with dual stone vessel sinks, large mirrors with built-in lighting, wooden vanity, beige tile walls, and a wall-mounted toilet.
Modern, minimalist shower with beige tiled walls and floor, black towel radiator with a towel, and a round showerhead with a black hose and control panel.
A modern bedroom with a white bed, beige and white pillows, a wooden nightstand with a small lamp, a wardrobe, and an en-suite bathroom with a walk-in shower seen through a sliding glass door.
A minimalist bedroom with a white bed, beige pillows and blanket, wooden side tables with lamps, a white armchair with wooden arms, a window with sheer white curtain, and framed abstract art on the wall.
Minimalist bedroom with white walls, a window with sheer curtains, a bed with beige bedding and pillows, a small bedside table with a lamp, a white armchair, and abstract wall art.
A bedroom with a bed, beige pillows, white bedding, wall art, a wall-mounted light, a wooden nightstand, and a doorway leading to a bathroom and a closet with wooden shelving.
Empty walk-in closet with wooden shelves and drawers, a full-length mirror, and bright lighting.
Modern bedroom visible from bathroom area with beige bed, window with sheer white curtains, and radiator. Bathroom vanity with stone sink, wooden countertop, black faucet, black bottle, and orchid plant, mirror reflecting white wall.
Modern bathroom with a textured stone vessel sink, a gray soap dispenser, a white orchid plant, a large mirror, and a wooden countertop.
Empty shower stall with beige tiled walls, a black handheld showerhead, and a black control knob.
Modern bathroom with beige tiled walls, a wooden vanity with a textured stone sink, a large mirror with backlighting, a small potted orchid, soap dispenser, and toothbrush holder, a wall-mounted toilet, and a walk-in shower with a glass door and rain
A modern bathroom with a stone vessel sink, black faucet, wooden countertop, large round mirror, and hanging pendant lights.
Minimalist modern bathroom with beige tiled walls, a wall-mounted toilet, and a walk-in shower with a black handheld showerhead and a glass partition.
Modern bathroom with a round stone sink, black faucet, and wooden countertop, decorated with white candles, gold pendant lights, a large mirror, and patterned wallpaper.
Modern bathroom with a round mirror, stone sink, wooden countertop, and patterned wall behind the mirror.
A city street with parked cars, pedestrians, and multi-story buildings with balconies. The street has cobblestone and brick sidewalks, with young trees planted along the edge.
View of a narrow European street with colorful buildings, balconies, and street lamps.
Interior staircase with wooden steps, black metal railing, blue walls, and a glass elevator shaft adjacent to the staircase.
Hallway with yellow walls, dark wood wainscoting, wooden bench on the left, and wall-mounted lights. At the end, a doorway, window, and staircase are visible.
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Property Details

  • Marqués de Santa Ana, Malasaña.
    Centro District, Madrid.

  • Total area: 132 sq.m
    Cadastral breakdown:
    Apartment: 120 sq.m | Common areas: 12 sq.m

  • Generous open-plan living, dining and kitchen space.

    Two double bedrooms, both with en-suite bathrooms.

    Two balconies facing Marqués de Santa Ana.

    Guest powder room.

    Integrated storage and bespoke joinery throughout.

  • 2 bedrooms and 3 bathrooms (2 en suite + guest powder room)

    Fully renovated and newly furnished (real photographs)

    Protected historic building

    Approx. 3.5-metre ceilings with mouldings

    2 balconies facing Marqués de Santa Ana

    One site-specific piece by a local artist created for the apartment

  • A protected historic building from 1900, with preserved original features and architectural character. It has a lift and sits within one of Madrid’s most established and well-connected central neighbourhoods.

  • €1,149,000

    Furniture included

A modern living room with a large white sectional sofa, beige armchairs, glass coffee table, wooden floors, and abstract artwork on the wall.
A bright, modern living room with white walls, a white sectional sofa, two white armchairs, a glass coffee table, and abstract artwork on the walls. There is a view into a dining area with a wooden table and chairs and a kitchen in the background.
A modern living room with white walls, a white sofa, two white armchairs, a glass coffee table, and a wooden fireplace mantel with a round mirror above it. There are wall art and wooden beams in the room, with a view into a dining area.
Modern living room with light-colored sofa and chairs, wooden beams on the wall, a glass coffee table, and large windows with wooden shutters.
Living room with white walls, wooden floor, and modern decor. Features a large L-shaped white sofa, a glass coffee table with magazines and decor, a pair of beige armchairs, a wooden fireplace mantle with candles and books, a mirror above the mantle,
View of apartment balcony through white glass door with wooden side panels, overlooking neighboring building with multiple balconies and windows.
A modern bedroom with a white bed, orange blanket, beige pillows, and two brown ottomans in front. There are wooden side tables, a white chair, a white rug, a radiator, and a large window with wooden shutters.
A neatly made bed with white pillows, a beige pillow, and a decorative beige and brown pillow, topped with a textured beige blanket, against a plain white wall in a bedroom. Next to the bed is a small wooden nightstand with a modern brown and gold ta
A bedroom with a large window opening to a balcony, a white armchair with a rounded design on an oval rug, two round ottomans, and a radiator on the wall.
A minimalist bedroom with white walls, a bed with white bedding, decorative pillows, an orange throw blanket, and a wooden floor. There are two small round ottomans at the foot of the bed, and a door leading to a bathroom or closet area in the backgr
A bright, minimalist bedroom with white walls, a large bed with beige and white pillows, an orange blanket, round orange ottomans, a white armchair, wooden flooring, and a balcony with wooden shutters.
Empty room with built-in white cabinetry, a chair, wooden floor, and a bed covered with an orange blanket.
A modern bedroom with white walls, a white bed with beige and white pillows, a rust-colored blanket, two wooden nightstands with lamps, and a large window with a wooden shutter.
Modern kitchen and dining area with wooden dining table and chairs, light-colored cabinetry, black marble countertop, &dull white walls, natural light from window.
Modern dining room with wooden table and six chairs, kitchen area with black backsplash and cabinetry, wooden beams on ceiling, light-colored herringbone wood flooring, and white walls with minimalist decor.
Modern kitchen and dining area with wooden table and chairs, white walls, built-in cabinets, and exposed wooden beams on the ceiling.
Modern kitchen with white cabinets, black countertops, wooden dining table, and natural light from a window.
Modern kitchen with beige cabinetry, black marble backsplash, a round wooden dining table with chairs, glassware, and minimal decor.
Modern kitchen with gray cabinetry, black countertops, marble backsplash, and a window on the left. Glass-front upper cabinets display glasses and small plants. Wooden floor with light herringbone pattern.
Modern kitchen countertop with a dark marble backsplash, a black sink, a matte black faucet, and electrical outlets with wooden covers; an open magazine is on the right side of the counter.
Modern indoor space with white ceiling, decorative ceiling molding, and hanging circular pendant lights, featuring exposed wooden beams and light-colored cabinetry.
A bedroom with white walls, a large window with sheer curtains, a bed with beige bedding and two pillows, a wooden bedside table with a lamp, a wooden armchair with white cushions, and modern wall sconces.
A minimalist bedroom with a white bed, beige bedding, and two pillows. The room has a window with a sheer white curtain, a radiator below the window, and white walls with decorative molding. There is a modern abstract art piece on the right wall and
A bedroom with white walls, beige bedding, and two matching textured pillows. An abstract painting hangs on the left wall, and a nook with wooden shelving is visible through a door on the right. The bedroom has a side table with a small lamp and a wa
Modern bathroom with double stone vessel sinks on a wooden vanity, large mirror with backlit, walk-in shower with glass partition, and views into a bedroom with a bed and balcony.
Modern bathroom with beige tiled walls and floor, dual stone vessel sinks on a wooden vanity, tall mirrors with backlit LED edges, wall-mounted black toilet with dual flush buttons, and an open doorway leading to a room with a window and seating area
Modern bathroom with two stone vessel sinks on a wooden vanity, large illuminated mirror, beige tiled walls, black towel heater with a towel, and minimal decor.
Modern beige tiled bathroom with dual stone vessel sinks on a wooden vanity and a walk-in shower area with a black control panel and towel rack.
Bathroom sink with a beige stone vessel, a modern gray faucet, a black soap dispenser, a white potted orchid, and a mirror reflecting a shower area with beige tiles and a rain showerhead.
A bedroom seen through an open door and a bathroom with a wooden vanity, a stone sink, a mirror, and a potted orchid plant.
Modern bathroom with a stone vessel sink on a wooden vanity, a large mirror with backlit lighting, a flower in a pot, a soap dispenser, and a shower with a rain showerhead.
Modern bathroom with beige tiled walls, a walk-in shower with a glass partition, a black handheld showerhead, and a wall-mounted toilet with dual flush buttons.
Modern beige tiled walk-in shower with a wall-mounted black towel rack and a built-in LED-lit mirror.
Modern bathroom with a round mirror, a stone sink on a wooden countertop, candles, a towel on a radiator, and a patterned wallpaper behind the mirror.
Modern bathroom with a round mirror, stone sink, wooden countertop, and decorative wallpaper.
Bathroom with a textured stone sink, a wooden vanity, candles, and modern lighting and decor.
Modern bedroom with a white bed, beige bedding, a small wooden nightstand with a lamp, and a large white closet in a light-colored room.
Empty walk-in closet with wooden shelves, drawers, and a full-length mirror
View of a narrow urban street flanked by colorful apartment buildings with iron balconies, some with plants, and a streetlamp overhead. The street has a gentle incline, and there are shops on the ground floor of the buildings.
View from a balcony overlooking a street with beige and yellow apartment buildings, iron balconies, some with plants or outdoor furniture, and a cobblestone sidewalk.

Investment Benefits

  • Well-located properties in central Madrid have tended to appreciate over time, with the potential to generate meaningful capital gains on a future sale, particularly when they combine a protected historic building with a full renovation.

  • Homes in central Madrid tend to benefit from sustained demand thanks to their location, services and connectivity, which can support liquidity when the property is well presented and correctly positioned in the market

  • A property on Marqués de Santa Ana can serve as a store of wealth during periods of uncertainty, supported by structural demand in central Madrid and the limited supply of well-renovated homes of this quality.

  • Including a residential asset in a sought-after central Madrid location can add diversification to a portfolio, combining a tangible asset with the potential for long-term appreciation

  • A property with historic character and a carefully executed renovation can become a transferable family asset, offering both lifestyle value and long-term patrimonial significance

  • During market corrections, centrally located properties with limited supply often tend to hold up better than secondary locations, supported by scarcity and enduring urban appeal.

  • The combination of a central location, protected building status and a full renovation can help reduce certain common risks, such as obsolescence or immediate refurbishment costs, while supporting demand across different market conditions.

This information is provided for general guidance only and does not constitute financial, legal or tax advice. Investment performance and future market conditions cannot be guaranteed.

Malasaña: Creativity with deep Madrid roots

Malasaña is one of the most magnetic neighbourhoods in central Madrid, where cultural energy, street life and a creative spirit sit naturally alongside traditional architecture. Set between Plaza del Dos de Mayo, Conde Duque and the Gran Vía axis, the area brings together independent cafés and restaurants, bookshops, galleries, and thoughtfully curated design stores.

Its streets invite you to walk, explore and experience Madrid at close range: everything within easy reach, well connected, and shaped by a natural blend of long-standing residents and an active contemporary scene. Malasaña offers an urban lifestyle that feels vibrant, authentic and unmistakably Madrileño.

“To live in Malasaña is to live the culture, street life and character of Madrid.”