The Flourishing Neighborhood of Justicia

The blossoming of the luxury sector in Madrid's Justicia district: €10,000/m² and a drastic commercial shift. This phenomenon reflects the expansion previously experienced by the luxury real estate market in Salamanca and Chamberí, which has now made its mark on the Justicia neighborhood with notable price increases and a rapid transformation in the commercial sphere. Justicia has always been known for its vibrant and cosmopolitan atmosphere. Located in the northeast, it is characterized by a residential fabric of great architectural value, mostly dating back to the late 19th century, with high heritage value and quality of its buildings. Additionally, the area boasts a dynamic commercial and hospitality scene. With its charming streets, this neighborhood offers a wide variety of gastronomic options, art galleries, and high-end boutiques. But now, Justicia has become one of the most exclusive areas of the city, attracting a significant international presence and combining urban sophistication with a rich cultural and leisure offer.

For this reason, we are pleased to highlight the most recent transaction carried out by the BARNES Madrid team, a property that represents and demonstrates the growth and positive change of an area that will soon become the destination for all buyers, both international and national.

It is an exterior apartment of 181 m², brand new, sold for €1,650,000. Located on the fourth floor of a classic building from 1900, in the best area of the famous Justicia neighborhood, this apartment is perfectly distributed, maximizing its spaces and ensuring that a large part of the house is exterior. The entrance leads to a wonderful living-dining room with an integrated kitchen. This space has three windows and balconies that flood the house with natural light. The kitchen is equipped with a large island with space for breakfast and equipped with high-end appliances, making this space an ideal place for meal preparation and intimate gatherings with friends and family.

The apartment has two en-suite bedrooms, the floors are solid oak in herringbone pattern and the two bathrooms are clad in Italian marble. The walls are decorated with Parisian-style moldings, adding a touch of elegance and sophistication.

If you are interested in selling your property or in search of a new home, we encourage you to contact our team of advisors at BARNES Madrid.