MiMove

240 000 €

Apartment for sale in Madrid

Madrid

Listing agency: Gilmar

Facts & features

Property type
Apartment
Bedrooms
2
Bathrooms
2
Built area
96 m²
Price per m²
2 500 €/m²
Private pool
No
Reference
MIMOVE-15175-228509
MiMove ID
11262229
Listed
26/10/2026

What's special

NUDE OWNERSHIP (54-year usufruct)

SALE OF THE NUDE OWNERSHIP OF A MAGNIFICENT FLAT situated in the sought-after Retiro neighbourhood, one of Madrid’s most iconic and sought-after districts. We present this magnificent investment opportunity: a flat with extraordinary potential to become your dream home or an attractive property to generate rental income, following a careful and personalised refurbishment. (54-year-old usufructuary)

With a floor area of 96 square metres, this external-facing flat comprises two bedrooms and two bathrooms, ideal for creating a comfortable and functional living space. It also features a bright, separate living room, which maximises privacy and helps to create cosy living areas. The property includes a garage, a communal swimming pool and spacious gardens – features that enhance its comfort and appeal. As if that were not enough, it has a lift and a reinforced door, features that contribute to day-to-day comfort and security. Built in 1997, it offers a solid structural foundation for a bespoke project tailored to the buyer’s taste.

The property is situated in the charming Retiro neighbourhood (postcode 28007), one of the most sought-after and exclusive areas of the capital. Known for its namesake, the Retiro Park, this district combines luxury with a unique cultural offering. Its tree-lined streets, elegant buildings and a wide range of restaurants, theatres and shops make it an ideal place to live or invest. In terms of education, the Colegio Nuestra Señora del Pilar (around 2 kilometres away) is located near the property and is one of the city’s most prestigious schools. The transport links are unbeatable: the nearest underground stations are Ibiza (line 9) and Menéndez Pelayo (line 1), whilst bus routes such as the 26 and 63 provide quick and easy access to other key parts of the city. The Príncipe de Vergara shopping centre is also nearby, perfect for all your shopping needs.

El Retiro stands out not only for its range of leisure activities and services, but also for its proximity to the cultural and financial heart of Madrid. Furthermore, this property, situated in a well-maintained block with an intercom system, is ideal for those seeking a high quality of life and an exclusive setting.

Finally, allow us to introduce GILMAR, a leading company in the property sector since 1983. We support our clients by offering them comprehensive advice to help them find their dream home or the perfect investment. Our highly trained and dedicated professionals will be delighted to assist you at every stage of the process.

For further information about this property, please contact our team at the Jerónimos – Retiro office, located at C/ Fernán González, 71. Don’t miss out on this great opportunity!

Enquire about this home at https://mimove.com/property/apartment-for-sale-in-madrid-madrid-11262229/ — the agency answers through MiMove.

Featured

240 000 €

Apartment for sale in Madrid

Madrid

  • 2beds
  • 2baths
  • 96 m²built
  • Apartment
  • Spain
  • No plot
  • 2 500 €/m²
  • EPC pending
  • No pool

What's special

NUDE OWNERSHIP (54-year usufruct) SALE OF THE NUDE OWNERSHIP OF A MAGNIFICENT FLAT situated in the sought-after Retiro neighbourhood, one of Madrid’s most iconic and sought-after districts. We present this magnificent investment opportunity: a flat with extraordinary potential to become your dream home or an attractive property to generate rental income, following a careful and personalised refurbishment. (54-year-old usufructuary) With a floor area of 96 square metres, this external-facing flat comprises two bedrooms and two bathrooms, ideal for creating a comfortable and functional living space. It also features a bright, separate living room, which maximises privacy and helps to create cosy living areas. The property includes a garage, a communal swimming pool and spacious gardens – features that enhance its comfort and appeal. As if that were not enough, it has a lift and a reinforced door, features that contribute to day-to-day comfort and security. Built in 1997, it offers a solid structural foundation for a bespoke project tailored to the buyer’s taste. The property is situated in the charming Retiro neighbourhood (postcode 28007), one of the most sought-after and exclusive areas of the capital. Known for its namesake, the Retiro Park, this district combines luxury with a unique cultural offering. Its tree-lined streets, elegant buildings and a wide range of restaurants, theatres and shops make it an ideal place to live or invest. In terms of education, the Colegio Nuestra Señora del Pilar (around 2 kilometres away) is located near the property and is one of the city’s most prestigious schools. The transport links are unbeatable: the nearest underground stations are Ibiza (line 9) and Menéndez Pelayo (line 1), whilst bus routes such as the 26 and 63 provide quick and easy access to other key parts of the city. The Príncipe de Vergara shopping centre is also nearby, perfect for all your shopping needs. El Retiro stands out not only for its range of leisure activities and services, but also for its proximity to the cultural and financial heart of Madrid. Furthermore, this property, situated in a well-maintained block with an intercom system, is ideal for those seeking a high quality of life and an exclusive setting. Finally, allow us to introduce GILMAR, a leading company in the property sector since 1983. We support our clients by offering them comprehensive advice to help them find their dream home or the perfect investment. Our highly trained and dedicated professionals will be delighted to assist you at every stage of the process. For further information about this property, please contact our team at the Jerónimos – Retiro office, located at C/ Fernán González, 71. Don’t miss out on this great opportunity!

14 days on MiMove| |

MiMove last checked:
3 days ago
Listing updated:
7 November 2026 at 14:04
Listed by:
Gilmar
Source:
Agency feed, Ref: MIMOVE-15175-228509| MiMove ID: 11262229

Facts & features

Interior

Rooms
Bedrooms2
Bathrooms2
Area
Built area96 m²
Price per m²2 500 €/m²

Property

Plot
Plot sizeNone
Private poolNo
Type
Property typeApartment
Listing typeApartment for sale

Energy

Energy ratingIn progress
CertificatePending

Location

AreaMadrid
Province / region--
CountrySpain
Coordinates40.42459, -3.70008

Listing details

Reference
MiMove ID
Listed26/10/2026
Last updated07/11/2026
Photos8
FeaturedYes

Price history

DateEventPrice
26/10/2026Listed for sale240 000 €2 500 €/m²

Market comparison

Location

Approximate location: the property is within about 2.5 km of the centre of the circle.

In Justicia. See every property in Justicia

Listing agency

Gilmar

Gilmar

Contact this agency through the form

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Gilmar

Gilmar

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This home

2 500 €/m²

Justicia median

8 041 €/m²

183 listings in this neighbourhood

Difference

-69%

below the local median

6 497 €/m²middle half of asking prices11 111 €/m²

Homes of 96 m² in Justicia ask 624 000 € to 1 067 000 € (median 772 000 €).

Asking prices of 183 listings currently on MiMove in the same neighbourhood, same sale type. A comparison, not a valuation.