“Discreet Luxury in calle Velázquez”
Francisco Verdú A. | Architect
Velázquez & Hermosilla
In the prestigious Recoletos district of Salamanca, this meticulously renovated 150 square meter residence on Calle Velázquez presents a compelling opportunity. Positioned on the second floor, this interior apartment offers a tranquil urban retreat. Featuring three bedrooms and three bathrooms, the property has undergone a comprehensive, high-caliber renovation, integrating a modern open-plan kitchen, living, and dining area, along with a dedicated laundry space.
Situated within a 1915 building, complete with a concierge and two elevators, this property combines classic architectural elements with contemporary amenities. This is a prime location offering both exclusivity and tranquility, appealing to discerning buyers seeking a sophisticated Madrid lifestyle. The property represents a significant investment in one of the city's most coveted neighborhoods.
Property Details
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Calle Velázquez, in the Recoletos neighborhood, Salamanca district of Madrid.
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The total surface area of the residence is 139 m², located on the first floor.
Registry Data: Living area: 150 m² | Common areas: 11 m² -
Positioned on the second floor, this interior apartment offers a tranquil urban retreat. Featuring three bedrooms and three bathrooms, the property has undergone a comprehensive, high-caliber renovation, integrating a modern open-plan kitchen, living, and dining area, along with a dedicated laundry space
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3 bedrooms + 3 bathrooms
Open-plan kitchen, living and dining room
Laundry room
Comprehensive renovation with high-quality finishes
Furnishings included
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A classical-style building from 1915 with seven floors and only four neighbors per floor. It features an elevator, a double staircase core, and a concierge.
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€2,040,000
Investment Benefits
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This property on Calle Ayala is an ideal capital refuge, protecting your wealth and offering stability during economic uncertainty. Its privileged location, just meters from Velázquez, ensures its value will remain strong or appreciate over time.
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Over time, this exterior-facing Recoletos property is set to increase in value, generating significant capital appreciation for your family’s wealth or for future resale.
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Situated in one of Madrid’s most desirable areas, this property offers greater stability compared to other investments, benefiting from the predictability of market cycles and the growing demand for homes in this location.
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This real estate asset acts as a shield against inflation, as its value tends to rise alongside the cost of living, preserving and enhancing your investment.
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