MiMove

550 000 €

Apartment for sale in Madrid

Madrid

Listing agency: Gilmar

Facts & features

Property type
Apartment
Bedrooms
2
Bathrooms
1
Built area
57 m²
Price per m²
9 649 €/m²
Private pool
No
Reference
MIMOVE-15175-226022
MiMove ID
9361564
Listed
21/08/2026

What's special

Located in the prestigious Retiro district, specifically in the coveted Ibiza neighborhood, this apartment is in need of renovation—a blank canvas with endless possibilities to turn it into your ideal home. With a built area of 57 m², this home stands out for its functional layout: it features 2 bedrooms, a bathroom, a kitchen, and a separate living room. It faces outward and enjoys excellent natural light thanks to its east-west orientation, ensuring optimal natural light for much of the day.

The building, constructed in 1932, features an elevator and an intercom system, ensuring comfort and accessibility. In addition, the apartment has central heating with an individual meter, a significant advantage for optimizing energy consumption. Although the apartment requires a complete renovation, the building’s good condition and its prime location make it a unique opportunity to design a custom space in one of Madrid’s most iconic neighborhoods.

The Ibiza neighborhood, where this property is located, is one of the most iconic and vibrant areas in the Retiro district. It borders Retiro Park, the city’s green lung, offering an exceptional quality of life to its residents. Its location combines the tranquility of a residential area with the vibrancy of a wide range of cultural, culinary, and shopping options. Its streets are home to supermarkets, signature restaurants, traditional markets like the Ibiza Market, and entertainment venues to suit every taste.

Please be sure to provide us with reference number 226022 so we can assist you more efficiently. We'd love to help you find your next home in Madrid!

In terms of transportation, the property is perfectly connected by public transit. Less than 1 kilometer away are the Ibiza (Line 9) and Príncipe de Vergara (Lines 2 and 9) metro stations. It is also well-connected by bus lines that provide easy access to other key locations in Madrid.

The area offers a wide range of leisure, fashion, and dining options, ideal for your daily shopping and family weekends.

GILMAR Real Estate, a leading company in the real estate sector since 1983, has been helping clients find their dream homes for over four decades. Its team of experts at the Jerónimos-Retiro office, located at 71 Fernán González Street, is at your disposal to offer personalized and professional service at every stage of the process.

Enquire about this home at https://mimove.com/property/apartment-for-sale-in-madrid-madrid-9361564/ — the agency answers through MiMove.

Featured

550 000 €

Apartment for sale in Madrid

Madrid

  • 2beds
  • 1baths
  • 57 m²built
  • Apartment
  • Spain
  • No plot
  • 9 649 €/m²
  • EPC pending
  • No pool

What's special

Located in the prestigious Retiro district, specifically in the coveted Ibiza neighborhood, this apartment is in need of renovation—a blank canvas with endless possibilities to turn it into your ideal home. With a built area of 57 m², this home stands out for its functional layout: it features 2 bedrooms, a bathroom, a kitchen, and a separate living room. It faces outward and enjoys excellent natural light thanks to its east-west orientation, ensuring optimal natural light for much of the day. The building, constructed in 1932, features an elevator and an intercom system, ensuring comfort and accessibility. In addition, the apartment has central heating with an individual meter, a significant advantage for optimizing energy consumption. Although the apartment requires a complete renovation, the building’s good condition and its prime location make it a unique opportunity to design a custom space in one of Madrid’s most iconic neighborhoods. The Ibiza neighborhood, where this property is located, is one of the most iconic and vibrant areas in the Retiro district. It borders Retiro Park, the city’s green lung, offering an exceptional quality of life to its residents. Its location combines the tranquility of a residential area with the vibrancy of a wide range of cultural, culinary, and shopping options. Its streets are home to supermarkets, signature restaurants, traditional markets like the Ibiza Market, and entertainment venues to suit every taste. Please be sure to provide us with reference number 226022 so we can assist you more efficiently. We'd love to help you find your next home in Madrid! In terms of transportation, the property is perfectly connected by public transit. Less than 1 kilometer away are the Ibiza (Line 9) and Príncipe de Vergara (Lines 2 and 9) metro stations. It is also well-connected by bus lines that provide easy access to other key locations in Madrid. The area offers a wide range of leisure, fashion, and dining options, ideal for your daily shopping and family weekends. GILMAR Real Estate, a leading company in the real estate sector since 1983, has been helping clients find their dream homes for over four decades. Its team of experts at the Jerónimos-Retiro office, located at 71 Fernán González Street, is at your disposal to offer personalized and professional service at every stage of the process.

3 months on MiMove| |

MiMove last checked:
4 days ago
Listing updated:
6 November 2026 at 14:03
Listed by:
Gilmar
Source:
Agency feed, Ref: MIMOVE-15175-226022| MiMove ID: 9361564

Facts & features

Interior

Rooms
Bedrooms2
Bathrooms1
Area
Built area57 m²
Price per m²9 649 €/m²

Property

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

Energy

Energy ratingIn progress
CertificatePending

Location

AreaMadrid
Province / region--
CountrySpain
Coordinates40.42620, -3.69738

Listing details

Reference
MiMove ID
Listed21/08/2026
Last updated06/11/2026
Photos31
FeaturedYes

Open the 3D walkthrough

Price history

DateEventPrice
21/08/2026Listed for sale550 000 €9 649 €/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

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This home

9 649 €/m²

Justicia median

8 025 €/m²

183 listings in this neighbourhood

Difference

+20%

above the local median

6 495 €/m²middle half of asking prices11 111 €/m²

Homes of 57 m² in Justicia ask 370 000 € to 633 000 € (median 457 000 €).

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