Stately apartment to be refurbished in the neighborhood of Malasaña, a few meters from the Gran Via, with the possibility of acquiring a private garage in the contiguous building. The property located on the second floor, has a surface area of 260m² with multiple possibilities for refurbishment. It is currently distributed in an entrance hall, a large study and living room with three balconies on a very quiet street with west orientation, kitchen with pantry, five bedrooms, a walk-in closet and two bathrooms. The whole house has large windows overlooking a spacious and luminous central courtyard, solid wood flooring and ceilings of 3.60 meters high. It is equipped with natural gas heating and individual hot water. The house is located in an early twentieth century property, endowed with the highest heritage protection as it is considered an Property of Cultural Interest, being exempt from payment of property tax (IBI). The property has been recently restored; frontage, balconies, roofs and patios. It has a doorman, elevator and two apartments per floor. Undoubtedly this is a great opportunity to make a splendid luxury renovation in one of the most desirable neighborhoods of Madrid, or as a project for investors obtaining a great profitability due to the possibility of doing a physical segregation with five apartments.