$1,712,590

This renovated 120 m² residence is located on the fifth floor of Alcalde Sainz de Baranda Street, in the Ibiza neighborhood, one of the most sought-after residential areas in the Retiro district. Situated in a building constructed in 1951, the property features an elevator, a front desk, and concierge service. This interior-facing property is undergoing a meticulous transformation aimed at creating modern, functional, and balanced spaces tailored to today's living needs. The day area is organized around a spacious living-dining room with an integrated kitchen, designed as a comfortable and cozy environment. The layout efficiently utilizes the available space, enhancing the connection between different rooms and offering a sense of continuity. The rest area will comprise three bedrooms and two bathrooms. This configuration is suitable for families as well as those who need additional rooms for guests, an office, or a workspace. Once the renovation is complete, the property will be delivered fully furnished. Its features include ducted air conditioning and individual heating via a boiler, providing pleasant temperatures year-round. The Ibiza neighborhood combines residential character with a wide range of shops, markets, restaurants, educational centers, and essential services. Its proximity to El Retiro Park allows for easy enjoyment of green spaces, outdoor activities, and leisure areas. Additionally, it boasts excellent connections via metro and bus, as well as convenient access to the center of Madrid, making this property an attractive opportunity for living or investing near Retiro.