"A Unique Way to Experience Luxury: Privacy and Seclusion. In the same prime location chosen by one of Madrid’s most exclusive hotels”
Francisco Verdú A. | Architect
Wellington - Living Well Is an Art
Good design is essential to enhancing quality of life. This residence on Calle Lagasca, named Flat White for its light tones and soft textures, is an exquisitely designed space that flows naturally, optimizing light, functionality, and comfort. The Nordic-inspired design behind this project carefully selects every element—from layout to materials—creating perfect harmony between the environment and those who inhabit it. It is a refuge that fosters wellbeing, productivity, and an emotional connection with the space.
Property Details
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Calle de Velázquez, Recoletos, Salamanca District, Madrid.
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Total area of 296 m² on the first exterior floor.
Land Registry: Living space 241 m² | Common areas 55 m².
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Four bedrooms—three doubles, two with en-suite bathrooms. Four bathrooms in total. A spacious living-dining area with three balconies overlooking Calle Velázquez. An open-plan, fully equipped kitchen with ample storage. Additionally, a home cinema room with a small support kitchen-bar.
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An elegant and inviting interior design, unique in Recoletos. Prime location across from the Hotel Wellington and just steps from El Retiro Park. Part of the property can function as an independent apartment with private access—ideal for guests or as a high-value rental unit.
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A red-brick facade, typical of Madrid architecture in the 1960s. With seven floors and three residences per floor. Features an elevator, concierge service, and ground-floor retail.
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€4,800,000
Includes Nordic-style interior design (furniture and décor).
Investment Benefits
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This property on Calle Velázquez is an ideal wealth-preserving asset, protecting your capital and offering stability in times of economic uncertainty. Its prime location and high-quality renovation ensure that its value remains strong or increases over time.
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Over time, this exterior-facing Recoletos property is set to rise in value, generating significant capital gains for your family’s wealth or when you choose to sell.
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Located in one of Madrid’s most sought-after neighborhoods and renovated to the highest standards, this property offers greater stability compared to other investments, benefiting from predictable market cycles and growing demand in this prime area.
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Properties in Recoletos are ideal for building a lasting legacy. These assets not only preserve value but also provide a tangible inheritance for future generations.
Recoletos Market Overview
Average Sales Price: €10,769/m²
Average Rental Price: €29.8/m²/month
Average Gross Yield: +3.32%
Annual Variation (Jan2024–2025): +8.6%
Source: Idealista Price Index, January 2025.
Recoletos: A Life of Sophistication
Recoletos is one of Madrid’s most distinguished neighborhoods, where tradition blends with a modern edge. Its tree-lined avenues, exclusive boutiques, Michelin-starred restaurants, and renowned art galleries offer a sophisticated and cosmopolitan lifestyle. Every corner invites you to savor the exceptional—from elegant cafés to nearby green spaces like El Retiro, providing the perfect balance between vibrant city life and tranquility. Recoletos offers privileged access to the very best of Madrid.
Living in Recoletos is synonymous with quality and refinement.
Private Viewing
Architecture and design must be experienced. Step into the exquisite design of this residence and the refined lifestyle of its neighborhood.
For a private and personalized viewing, contact us directly to arrange your discreet visit to this exceptional property
📞 Call & WhatsApp: +34 919 38 31 46 - francisco@pontblanc.eu