Flat / apartment in Calle del Doctor Castelo, 18, Ibiza, Madrid

About this property

REAL ESTATE AGENCIES PLEASE REFRAIN Excellent opportunity to acquire a property with enormous transformation potential in one of the most sought-after areas of Madrid. The property has 51 m² of built area distributed into two bedrooms, a living room, a kitchen, and a bathroom. Its layout and characteristics make it an ideal option both for those looking to create a custom home and for investors interested in obtaining an attractive return in a consolidated location with high demand. The first images in the listing correspond to digital renders created from the property, with the aim of showing a renovation proposal and helping to visualize how the property could look after a comprehensive update. This is an indicative representation of the property's potential. Likewise, some photographs have been digitally treated using virtual home staging techniques to visually clear the spaces and facilitate a better perception of their dimensions and possibilities, while always maintaining the actual layout of the home. Located in the prestigious Retiro neighborhood, the property enjoys excellent connections to the rest of the city, a wide range of services, shops, restaurants, and green areas, making it an investment with high appreciation potential. Ideal for: Investors looking for high profitability through rental. Buyers who wish to renovate and personalize their home. Those who value a consolidated location with high residential demand. A magnificent opportunity to develop a renovation project with great potential in one of the most attractive areas of Madrid.

Listed by Private owner · first seen 15‏/6‏/2026