103sq m exterior flat located in the heart of Malasaña, one of the most emblematic and sought-after areas of Madrid. The property is on the third floor, which gives it a magnificent luminosity, and has two balconies overlooking the street, ideal for enjoying the atmosphere of the neighbourhood. The flat is presented for refurbishment, offering great potential to design it completely to measure and revalue it. The building does not currently have a lift, although there are possibilities to install one, which would significantly increase its value. A unique opportunity both as a permanent residence and as an investment in a privileged location, surrounded by shops, leisure, culture and excellent communications.