Located in the exclusive and sought-after area of Recoletos, this property represents an excellent investment opportunity for those seeking a spacious space with great potential for customization. With a total area of 444 square meters, the property is situated on the first floor of a classic building, granting it a unique character and a privileged location in one of Madrid's most iconic neighborhoods. Furthermore, there is the possibility of dividing the property, allowing it to be adapted to various needs and projects.The property stands out for its high ceilings, with an impressive height of 3.63 meters, creating a sense of spaciousness and brightness throughout the entire space. In terms of layout, it features 4 balconies overlooking the street, offering open views and excellent natural ventilation throughout the home. The building also benefits from a doorman, adding an extra layer of security and convenience.Although the apartment is in its original state and requires a complete renovation, this presents a perfect opportunity for those interested in designing a home to their exact specifications, combining the classic style of the building with modern comforts and finishes. Additionally, the property includes two storage rooms, providing valuable extra space for storage.The location couldn't be more prestigious: in the heart of Recoletos, an area known for its elegant and tranquil atmosphere, surrounded by luxury shops, galleries, high-end restaurants, and excellent public transport connections. Living in this area offers the convenience of having everything you need within walking distance, without sacrificing the peace and quality of life that one of Madrid's most exclusive neighborhoods provides.This property is a unique opportunity for those looking for a renovation project with great potential, in one of the city's best areas.