Retiro, Madrid, Spain. - Hero Image
Retiro
Retiro | Madrid

A Crown of

Condo Design

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Veraltia Madrid
Veraltia Madrid
Presented At
€2,700,000
Bedrooms
2
Bathrooms
2
Living
2,584
SQM
High Ceiling
Elevator
Fitness Center / Gym
Jacuzzi
Sauna
Terrace
Garage
Garden
Balcony
Gate
Pool
Duplex
Modern
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Retiro, Madrid, Spain. , Retiro , Madrid

Madrid Apartment

With a total of 10 exclusive homes after a spectacular classic facade with more than 100 years of history, this magnificent duplex house represents the unique opportunity to be part of an unprecedented project in Spain. The historical importance of the property, protected by the historical heritage of Madrid; the comfort and luxury granted in its rehabilitation; its privileged location due to its proximity to the El Retiro Park and the cultural epicenter of the city and the perfect conjunction of art with architecture, achieved in collaboration with one of the greatest representatives of modern and contemporary art Carlos Cruz-Diez, make this, a unique initiative and The building is destined to become an icon of contemporary architecture and an authentic artistic heritage for the city of Madrid. Its privileged location in the neighborhood of Los Jerónimos, one of the most desired areas of the capital, could not be more accurate. Located in the well-known Art Triangle, it is close to the Prado Museum, the Reina Sofía National Art Center Museum and the Thyssen-Bornemisza Museum, all of them of recognized worldwide prestige. The ideal location to host a property that has, both in the homes and in the common areas, with the new works of the international artist Carlos Cruz-Diez. This is the artist's first project of this magnitude for a private building in Madrid and Spain. Located on the ground floor of the building, the exclusive house has a great entrance of natural light thanks to the large south-facing window. Within the main floor is the large living room and the living area, both with double height. The kitchen, fully equipped by Poliform and Gaggenau, has a large dining room. The rest area is located on the upper floor with two large en suite rooms, all with Poliform cabinets. The house also has the latest Bang & Olufsen home automation technology: blinds, video and audio system, security camera, video intercom, alarms, Lutron lighting. The building enjoys magnificent common areas including Health Club with water spa, Klafs Turkish bath, swimming pool and Technogym gym. Cellar, interior garden and spectacular interior design, technical and security alarms, concierge service and robotic garage. The Chromatic Setting that Carlos Cruz-Diez has created responds specifically to the configuration of the spaces of the Montalbán 11 building in Madrid. He has designed a tour made up of unique and unrepeatable pieces. The tour begins with a mural Mur d'Induction Chromatique à Double Fréquence that is transformed according to the distance of the viewer and the changes of the ambient light. This mural installed in the entrance lobby leads to the elevator from whose cabin the visitor will have the opportunity to contemplate an Ascenceur Chromointerférent that evolves along the way. Given the monotonous function of going up and down, Carlos Cruz-Diez has conceived a Chromointerférent that is not only modified with the course of the route, but also modified on each floor. To do this, he has designed eight different harmonies that constitute eight different paths to individualize each of the floors of the property. The tour ends in the apartments with an original Transchromie of 8 numbered specimens, designed in three different chromatic harmonies. In view of all these considerations and many more, the artist believes that the 'Crymatic Agreement' project meets all the conditions to turn the building, into an authentic artistic heritage for the city of Madrid.

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3D Street View Tour

Map showing Retiro, Madrid, Spain.

Property Location

Retiro, Madrid, Spain., Retiro Madrid

Local Weather & Climate

Retiro, Madrid

Current Conditions Updated recently
49 °F
Clear sky
Feels Like 48°F
Humidity 58%
Wind 5 mph
Visibility 6.2 mi
Sunrise 6:52 AM
Sunset 6:03 PM
5-Day Forecast
Fri 27 Feb
Clouds
High 64°
Low 49°
Sat 28 Feb
Clouds
High 62°
Low 50°
Sun 1 Mar
Clouds
High 60°
Low 48°
Mon 2 Mar
Clouds
High 60°
Low 45°
Tue 3 Mar
Rain
High 55°
Low 48°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Retiro?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

€
%
€100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.

Market Opinion

Our perspective on current market conditions in Retiro. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $270,000,000 20% down ($54,000,000)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$23,201
$23,201/day
Your home may appreciate while you sleep
$162,853/week $705,698/mo $8,468,379/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$281K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 8% advantage over stocks
RENT 💸 -$148.6M
vs
OWN 📈 +$213.6M
$213.6M Potential Equity
vs $148.6M lost to rent over 10 years
$54.0M Down Payment Growth
4x
10yr
$213.6M
8.1x
20yr
$438.8M
12.6x
30yr
$681.9M
Wealth Comparison
×1,624
Equivalent to 1,624 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $681.9M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
13.9
years
Optimistic
5.12% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $318.0M +18%
Market $367.7M +36%
Optimistic $444.8M +65%
$213.6M est. equity
20 Years
Conservative $374.5M +39%
Market $500.7M +85%
Optimistic $732.9M +171%
$438.8M est. equity
30 Years
Conservative $441.0M +63%
Market $681.9M +153%
Optimistic $1,207.5M +347%
$681.9M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This apartment at Retiro, Madrid, Spain features 2 bedrooms with 2,584 square feet of living space.
This property offers 2,584 square feet of living space.
This property is listed at $270,000,000, which equals $104489 per square foot.
Based on current market indicators, Retiro shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a apartment located in Retiro, Madrid. The property is situated in an established neighborhood with convenient access to local amenities and services.
Veraltia Madrid

Veraltia Madrid

Veraltia Madrid

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