The property boasts a classic façade that includes four balconies overlooking the street, offering a privileged view and a touch of elegance. South facing on the main façade, the property benefits from natural light and warmth for much of the day, creating a welcoming and bright atmosphere. The large, well-maintained courtyards add further value to this gem of a property.Investing in this property not only guarantees an exceptional living experience, but also an excellent opportunity for appreciation. The high demand in Recoletos ensures a continued appreciation in the value of the investment, attracting high net worth tenants and guaranteeing a solid return. With excellent public transport links, this property is ideal for families and professionals seeking quality of life in the heart of Madrid.The property is being sold unrefurbished but can be renovated to the buyer's taste for an additional cost.About the LocationLocated in the prestigious Salamanca neighbourhood, this property is situated in one of the most coveted streets of Recoletos, an area renowned for its stately architecture and tree-lined streets. The strategic location offers easy access to important avenues such as Calle Serrano and Paseo de la Castellana, as well as luxury shops, gourmet restaurants and cultural centres. The proximity to emblematic parks such as the Retiro provides a green environment, ideal for outdoor activities, enhancing the quality of life of its residents.