De Salas Inmobiliaria presents this fabulous apartment in a prime area for comprehensive renovation, with five balconies, this apartment is located on Calle de Claudio Coello, one of the most sought-after streets in the Recoletos area. It is an apartment, built in 1900, that has 123 m2 and with ample possibilities for renovation.
Unbeatable profitability due to the demand for rentals in the area, very close to Retiro, Embassies and commercial areas. The infrastructure that the area has is very complete, with various Metro and bus stops.
The Recoletos area, where the estate is located, is one of the most prestigious areas of Madrid, with the largest luxury shopping area such as Chanel, Jimmy Choo, Omega or Louis Vuitton, the best gourmet stores, luxury hotels, Exquisite restaurants, prestigious art galleries in Serrano and Velázquez, a wide range of services that make the area the most prestigious residential and commercial area, along with the gastronomic offer.
The Salamanca neighborhood is one of the most relevant areas of Madrid, both for its peculiar distribution and for the residents who have traditionally inhabited its emblematic streets.
Its construction dates back to the second half of the 19th century and corresponds to the urban expansion carried out during the reign of Isabel II. The precursor to whom it owes its name was José de Salamanca y Mayol, Marquis of Salamanca, from Malaga, who conceived a new location with a careful building that would house the aristocratic and bourgeois classes of Madrid. Of 19th century style, it is characterized by its special regular distribution in the form of a checkerboard with perpendicular streets. Its buildings are of special interest thanks to their architectural quality and the beauty of their facades.
Salamanca was traditionally an area for residential use, especially inhabited by the country's political and economic elites. In the last fifty years, this residential character coexists with other activities such as business, diplomatic and, especially commercial, since it is one of the most important luxury fashion areas of the capital.
