On the seventh floor of an elegant 1925 classic building in the Almagro neighbourhood, this 209 m² penthouse offers what very few homes can guarantee in the centre of Madrid: three-metre ceilings, south-facing orientation, two covered terraces and open, private views over one of the capital's most coveted residential areas. With three en-suite bedrooms, a generous layout and a blank-canvas condition ready for a fully bespoke renovation, this property represents a singular opportunity for those looking to create a truly unique high-end residence from the ground up.

Almagro needs no introduction. Set in the heart of the Chamberí district, its urban fabric of stately buildings, embassies and quiet tree-lined streets makes it one of Madrid's most valued and stable residential neighbourhoods. An established area where demand consistently outpaces supply, and where quality of life — measured in terms of services, connectivity, gastronomy and culture — finds its most balanced expression in the city. To live in Almagro is a choice that requires no justification.

The building, constructed in 1925, is a fine example of early twentieth-century residential architecture in Madrid: a classically composed façade, a full-time doorman, a cage-style lift and an urban presence that speaks of solidity and permanence. On its seventh floor, the penthouse occupies a privileged position that lifts it above the street and over the neighbourhood's roofline, securing open views and a degree of privacy that is genuinely rare at this distance from the city centre.

South-facing orientation is, in a home of these characteristics, a first-order asset. Natural light throughout the day, stable temperatures in winter and an ambient quality that transforms the everyday experience of living. The two covered terraces — currently recoverable — extend the habitable space outwards and open the possibility of creating outdoor areas of real presence, with the Madrid sky as the only boundary.

At 209 m² in total, the home is distributed across three en-suite bedrooms, a kitchen with pantry, generous daytime living spaces and comprehensive storage throughout. The three-metre ceilings — consistent across the entire floor — elevate the perception of space and lend each room an amplitude and luminosity that go well beyond what the square meterage alone might suggest.

The need for renovation is not a constraint — it is an opportunity. The chance to intervene on a floor plan of these proportions, with this orientation, in this building and in this neighbourhood, is precisely the starting point that makes it possible to create a truly singular home: conceived from scratch, entirely according to the taste and criteria of its future owner. A blank canvas on an exceptional frame.

A storage room, a full-time doorman and a cage lift complete a first-rate residential offer in one of Madrid's most exclusive and enduring districts.