MiMove

3 250 000 €

Commercial for sale in Madrid

Madrid

Listing agency: Gilmar

Facts & features

Property type
Commercial
Built area
291 m²
Price per m²
11 168 €/m²
Private pool
No
Reference
MIMOVE-15175-224610
MiMove ID
8305968
Listed
13/07/2026

What's special

A superb investment opportunity or the perfect opportunity to create a bespoke home in one of Madrid's most sought-after locations. This spacious, outward-facing office is situated on the third floor of a distinguished building on the iconic Velázquez Street, in the heart of the prestigious Recoletos neighbourhood, just a short walk from Goya Street.

The property stands out for its abundant natural light, prime location, and outstanding potential for capital appreciation. It is eligible for conversion into a residential property, an option already successfully carried out by other units within the building, making it an exceptional opportunity to develop an attractive private residence with significantly greater long-term value than its current use.

In addition to being an outstanding investment opportunity, this property is ideal for families or private buyers looking to create a spacious, fully customised home in one of Madrid's most exclusive areas. Its generous size, versatile layout, and exceptional location provide the perfect foundation for designing a high-end residence tailored to individual needs and lifestyle.

The building benefits from a full-time concierge service, offering an excellent level of prestige, security, and convenience. The surrounding area boasts an exceptional range of amenities, including exclusive boutiques, restaurants, public transport, renowned schools, and all the services that make Recoletos one of the capital's most desirable residential neighbourhoods.

A unique property with exceptional potential, equally appealing to investors and families seeking a prime address, outstanding versatility, and excellent long-term value.

Enquire about this home at https://mimove.com/property/commercial-for-sale-in-madrid-madrid-8305968/ — the agency answers through MiMove.

Featured

3 250 000 €

Commercial for sale in Madrid

Madrid

  • --beds
  • --baths
  • 291 m²built
  • Commercial
  • Spain
  • No plot
  • 11 168 €/m²
  • EPC pending
  • No pool

What's special

A superb investment opportunity or the perfect opportunity to create a bespoke home in one of Madrid's most sought-after locations. This spacious, outward-facing office is situated on the third floor of a distinguished building on the iconic Velázquez Street, in the heart of the prestigious Recoletos neighbourhood, just a short walk from Goya Street. The property stands out for its abundant natural light, prime location, and outstanding potential for capital appreciation. It is eligible for conversion into a residential property, an option already successfully carried out by other units within the building, making it an exceptional opportunity to develop an attractive private residence with significantly greater long-term value than its current use. In addition to being an outstanding investment opportunity, this property is ideal for families or private buyers looking to create a spacious, fully customised home in one of Madrid's most exclusive areas. Its generous size, versatile layout, and exceptional location provide the perfect foundation for designing a high-end residence tailored to individual needs and lifestyle. The building benefits from a full-time concierge service, offering an excellent level of prestige, security, and convenience. The surrounding area boasts an exceptional range of amenities, including exclusive boutiques, restaurants, public transport, renowned schools, and all the services that make Recoletos one of the capital's most desirable residential neighbourhoods. A unique property with exceptional potential, equally appealing to investors and families seeking a prime address, outstanding versatility, and excellent long-term value.

4 months on MiMove| |

MiMove last checked:
9 days ago
Listing updated:
1 November 2026 at 14:09
Listed by:
Gilmar
Source:
Agency feed, Ref: MIMOVE-15175-224610| MiMove ID: 8305968

Facts & features

Interior

Rooms
Bedrooms--
Bathrooms--
Area
Built area291 m²
Price per m²11 168 €/m²

Property

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

Energy

Energy ratingIn progress
CertificatePending

Location

AreaMadrid
Province / region--
CountrySpain
Coordinates40.41542, -3.70590

Listing details

Reference
MiMove ID
Listed13/07/2026
Last updated01/11/2026
Photos30
FeaturedYes

Open the 3D walkthrough

Price history

DateEventPrice
13/07/2026Listed for sale3 250 000 €11 168 €/m²

Market comparison

Location

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

In Sol. See every property in Sol

Listing agency

Gilmar

Gilmar

Contact this agency through the form

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Gilmar

Gilmar

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This home

11 168 €/m²

Sol median

8 690 €/m²

88 listings in this neighbourhood

Difference

+29%

above the local median

5 959 €/m²middle half of asking prices10 526 €/m²

Homes of 291 m² in Sol ask 1 734 000 € to 3 063 000 € (median 2 529 000 €).

Asking prices of 88 listings currently on MiMove in the same neighbourhood, same sale type. A comparison, not a valuation.