We present this spectacular luxury duplex penthouse in the sought after area of Almagro, ideal for updating. With a total of 146 cadastral square metres, it includes an impressive terrace of 46 metres on the first floor, completely exterior. The classic style property has a lift in perfect condition and concierge service, which adds a touch of comfort and elegance.Located in the heart of the Almagro neighbourhood, one of the most sophisticated in the city, this penthouse is surrounded by majestic mansions in the Chamberí district, flanked by the Paseo de la Castellana and Calle de Santa Engracia. Just a few steps from the Gregorio Marañón metro station and between the Chamberí Market and the Sorolla Museum, you will enjoy a wide range of gastronomic and cultural offerings at your fingertips.The property is presented as an opportunity to personalise to your taste, with a renovation proposal that can be adapted to your preferences. The layout includes a welcoming reception area with a large hallway that leads to a bright living room with a bay window, where you can enjoy impressive views of Madrid and an abundance of natural light thanks to its height and orientation. The living room has a separate dining area and a generous window overlooking a patio.The proposal suggests integrating the kitchen into the living room, creating an open-plan space that would include a central island fully equipped with high-end appliances and a panelled design. In addition, the kitchen could easily be made independent, and will have a separate laundry area and a guest toilet.The sleeping area houses three bedrooms, with the interior master suite being a private retreat with a large dressing room and a double bathroom. The second bedroom is also a double and has an en-suite bathroom. On the first floor, an additional bedroom with built-in wardrobe is proposed, which gives access to a magnificent 46-metre terrace, the true heart of this home, ideal for enjoying relaxing moments in its chillout and barbecue area. This floor will also have a complete bathroom for greater comfort.Don't miss the opportunity to make this penthouse your new home!