In the heart of the coveted neighborhood of Justicia, John Taylor Madrid exclusively presents this property with an extraordinary potential for renovation, located in a classic stately building in the emblematic Calle Hortaleza, in the former Palace of the Dukes of Montpensier, whose facade has just been completely renovated.Located on the third floor of this representative building, this apartment enjoys plenty of natural light on the corner, with balconies overlooking the street.With a built area of 157m2, the property now consists of 2 bedrooms with 2 en-suite bathrooms, but offers multiple possibilities of redistribution to create a contemporary residence with unique character, even with 3 bedrooms, ideal both as a main residence and as an investment.The building, with its stately facade and period portal, is in perfect condition and forms part of the immemorial landscape of Justicia, one of the most vibrant and sophisticated areas of Madrid, surrounded by art galleries, designer boutiques, starred restaurants and all services at street level.A unique opportunity to bring a collector's item to life in one of the most desirable addresses in the capital.