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1 Bed
1 Bath
80 sqft

$1,590,502

Núñez de Balboa, Madrid, 28001

Price per sqft$19,881.28
Built in1993
Property size80 sqft
Property typeCondominium

Overview

Active

Listed Apr 9, 2026

Updated 42h ago

Flat in Recoletos, just minutes from Retiro Park, ideal as a pied-à-terre in one of Madrid's most sought-after areas. It is an interior residence, very bright, with a pleasant little terrace facing a large, quiet courtyard. The property spans 86 m², located on the fifth floor, ensuring good natural light throughout the day. It is currently arranged with a living-dining room, separate kitchen, one en-suite bedroom, and a guest toilet. The configuration does not allow for the creation of a second bedroom, which reinforces its character as a comfortable and functional home for one or two people. The flat requires renovation, offering an excellent opportunity for custom design. It has air conditioning for cooling/heating, and the possibility of installing natural gas. Located in a modern, well-maintained building with concierge service, in a tranquil yet privileged environment, with immediate access to green areas, shops, restaurants, and excellent transportation links. A perfect option as an urban residence, second home, or quality investment in Recoletos. Since the property is currently in need of renovation, the presented images do not reflect its current state, but rather are indicative recreations illustrating a potential design proposal after its renovation.

$10,582/mo

Est. mortgage payment based on a $1,590,502 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
324562
Available since
April 9, 2026

Interior Features

Bedrooms
1
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
No

 Courtesy of Elena Babé | Spain Sotheby's International Realty

Based on information from DASH - Sotheby's International Realty (SIR) as of 10/11/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

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Data last updated 5:20 AM UTC, 10/11/2026

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