Madrid – Calle Alcalá | Spacious 124 m² Apartment with Great Renovation Potential Located on the iconic Calle Alcalá, one of Madrid’s most prestigious and best-connected avenues, this 124 m² property represents an excellent opportunity both as a primary residence and as an investment. Situated in a building with concierge service built in 1957, the apartment enjoys a privileged location in one of the most sought-after areas of the capital, surrounded by shops, restaurants, services, and excellent transport connections. In addition, a metro station is just a two-minute walk away. Currently fitted out as a law office, the property features five rooms, an independent kitchen, and one bathroom. Its layout offers multiple renovation possibilities, allowing the future owner to adapt the space to their needs and lifestyle. One of its main highlights is its significant transformation potential. The property can be redesigned to create a comfortable family home with four bedrooms and two bathrooms, a spacious three-bedroom apartment with a master suite, or any other residential project that makes full use of its 124 m². Although it is an interior ground-floor apartment, the property benefits from plenty of natural light thanks to its large windows. Furthermore, its interior position provides peace and quiet, a particularly valuable feature in the heart of Madrid. The apartment is equipped with air conditioning, individual gas heating, and wooden flooring. It also includes a private 7 m² storage room, a highly sought-after asset in this area. Its excellent location, combined with its size and numerous renovation possibilities, makes this property a rare opportunity on the Madrid real estate market. Ideal for those looking to create a tailor-made home or make an investment with strong appreciation potential. A unique opportunity to create an exceptional residence in one of Madrid’s most iconic and desirable areas. For further information or to arrange a viewing, please do not hesitate to contact me.