Buy luxury homes near El Retiro Park, Los Jerónimos

Live near El Retiro Park

Are you looking for luxury flats for sale in Madrid in the El Retiro district? The Retiro Park is the most important and extensive green space in the heart of Madrid. Built in the first half of the 17th century for the private enjoyment of King Philip IV, it was not until a century later that it became an open park accessible to the public. Since then, El Retiro has been the favourite place where locals engage in recreational and sporting activities. Living close to this park is a treat, as you can enjoy a unique green space in the city centre, which is why flats for sale in Madrid’s El Retiro district are in such high demand.

The most exclusive part of the El Retiro district is Los Jerónimos, named after the Church of Los Jerónimos next to the Prado Museum. It is a residential area distinguished by its majestic buildings, with impressive doorways and large, stately flats, many of which overlook the park itself. The streets are remarkably quiet. If you are looking for luxury flats for sale in Madrid’s El Retiro, this is the ideal part of the district.

THE BEST STREETS TO LIVE ON IN LOS JERÓNIMOS

The best streets in Los Jerónimos are close to the Retiro Park, the Casa de Campo, and the Prado Museum. These streets are quiet, safe and well-connected to the centre of Madrid. This is why the luxury flats for sale in this part of Madrid’s Retiro district are the most highly valued and expensive.

Some of the best streets to live on in Los Jeronimos are:

The Paseo de Prado: Where Madrid’s most important museums and hotels are located. It is a grand boulevard with centuries-old trees and was declared a World Heritage Site in 2021.

Alcala Street: One of the longest avenues in the city. The section of Los Jerónimos between Plaza de Cibeles and Puerta de Alcalá is undoubtedly its most luxurious stretch.

Alfonso XII Street: One of the most distinguished streets directly opposite Retiro Park, where the flats enjoy unobstructed views of the park.

Montalban Street: This street is wide, entirely residential, and lined with prominent buildings.

These streets are lined with trees, parks and gardens, making them extremely pleasant to live on, and also making the prices of luxury flats for sale in this area soar. They are also within walking distance of many restaurants, bars, shops, museums and services, making it the perfect car-free place to live. If you are looking for luxury flats for sale in the El Retiro area of Madrid, Promora will be delighted to help you.

HOW MUCH IS THE SQUARE METRE IN LOS JERÓNIMOS?

The price per square metre for properties in Los Jerónimos is a crucial aspect to consider, even more so if you are interested in luxury flats for sale in Madrid’s El Retiro district. The average price per square metre in Los Jerónimos is 8,000 euros. The price can vary significantly depending on the area, the age of the building, and the type of property. For example, some flats for sale in the centre of Los Jerónimos can exceed €15,000/sqm.

Property prices in Los Jerónimos are high due to the size of the flats and the high demand for them. It is a quiet, safe neighbourhood, well connected to the centre of Madrid, which wealthy international clients have chosen in recent years.

Some examples of the prices of luxury properties for sale in Los Jerónimos are:

A 700 square metre, 3-bedroom penthouse in one of the best streets in Los Jerónimos: 6,900,000 euros.

A completely refurbished, 120 square metre flat with 2 bedrooms: 1,000,000 euros.

A 150 square metre flat with 3 rooms in need of renovation: 1,200,000 euros.

Whatever the case, Promora has the best luxury flats for sale in the El Retiro area. We are sure to find the perfect one for you!