New development in Chamberí, Madrid
Its architecture reflects a balance between what already exists and innovation, clearly expressed in its exterior appearance. On the one hand, the protected original four-storey façade preserves the traditional character of the neighbourhood, while the contemporary extension conveys, through its formal and material expression, the significant renewal taking place in this area of Madrid. The existing façade is restored and renewed, with tones and textures whose warmth establishes a dialogue with the precise and light architecture of the interior spaces.
The new building will be an expression of the balance between the memory of the past and the creation of architecture projected towards the future.
In the most traditional Madrid, past and present come together to bring to life a building with a cosmopolitan, bohemian design on Santa Engracia Street, the trendiest area of Chamberí.
It embodies an extraordinary meeting point between old and new Madrid. Ideal as a pied-à-terre or as an investment, the building comprises 13 one-bedroom apartments, plus a duplex penthouse on the 7th floor with terrace and swimming pool, making it truly unique.
A building full of character, both classic and avant-garde, with a façade whose first three floors are preserved and complemented by an added upper level with its own distinctive language in composition and finishes. Contemporary excellence.
A comprehensive interior refurbishment will give rise to dual-aspect homes with open spaces, integrated and elegant kitchens, neutral architecture and natural finishes, perfect for living and enjoying.
On level -1 there is a gym and a neighbourly lounge-business centre, allowing your friends to be part of your life within the building.
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Property details
Property features
- Pending
About Almagro
The Almagro neighborhood, located in the Chamberí district, is one of the most exclusive and representative areas of Madrid. Known for its stately architecture, embassies, and peaceful atmosphere, Almagro combines history, culture, and an उत्कृष्ट location in the heart of the capital. If you are looking for information about living in Almagro, investing in Almagro, or discovering what to see in this Madrid neighborhood, here you will find everything you need to know.
Prime Location in Central Madrid
The Almagro neighborhood lies between Paseo de la Castellana and Plaza de Alonso Martínez, giving it a strategic connection to the rest of the city. Thanks to its proximity to areas such as Salamanca and Justicia, as well as its excellent public transport network (metro and buses), Almagro is an ideal option for both residents and professionals working in Madrid’s financial district.
Stately Architecture and Historic Buildings
One of Almagro’s main attractions is its impressive architecture. Walking through its streets means admiring 19th-century mansions, modernist façades, and beautifully preserved classical buildings. Many of these properties now house embassies, professional offices, and institutional headquarters such as the Supreme Court.
This architectural richness makes Almagro one of the most elegant and distinguished areas of Madrid, highly valued in the luxury real estate market.
Culture and Museums in Almagro
The neighborhood also stands out for its cultural offerings. Among its main landmarks is the Sorolla Museum, the former residence of painter Joaquín Sorolla. This museum is one of the city’s most charming cultural spaces, featuring an Andalusian-style garden and a permanent collection that attracts both tourists and locals.
In addition, the proximity to art galleries, cultural centers, and theaters enhances the sophisticated character of the area.
Living in Almagro: Quality of Life and Exclusivity
Living in Almagro means enjoying wide, quiet streets, historic buildings, and a refined culinary scene. It is especially sought after by families, diplomats, and senior executives looking for security, prestige, and proximity to the city center.
The real estate market in Almagro is characterized by spacious properties, high ceilings, classic balconies, and grand entrances. Buying or renting in this area is considered a solid investment due to strong demand and price stability.
Restaurants and Services in the Neighborhood
Although it is a residential and elegant area, Almagro offers a carefully curated selection of restaurants, cafés, and gourmet shops. It is not a mass tourism area, allowing residents to enjoy a more relaxed and exclusive atmosphere compared to other central parts of Madrid.
The neighborhood also offers schools, private clinics, professional offices, and all essential daily services, making it one of the best areas to live in Madrid.































