Luis de Gongora

Centro | Madrid

The Essence of

Metropolitan Life

View Photos Watch Film 360° VTour Open House

Lucas Fox Madrid

Presented At

€1,990,000

Bedrooms

Bathrooms

Living

1,518

SQM

High Ceiling

Open Kitchen

Stone Countertops

Air Conditioning

Elevator

Bar

Kitchen island

Balcony

Water View

City View

Renovated

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Luis de Gongora

Centro | Madrid

Luis de Gongora, Madrid, Madrid, Madrid, Centro, Madrid, Spain. , Centro , Madrid

Madrid Apartment

Beautifully renovated 141 m² 2-bedroom, 2-bathroom luxury home on the fourth floor of a classic building on a quiet street in Justicia, Madrid. The home is set within a classic, well-maintained building distinguished by restored original frescoes, complemented by a lift, a storage room, and an accessible entry. Two balconies open to a quiet street and extend the sense of space. A spacious living and dining area creates an elegant setting for gatherings. Two double bedrooms feature custom-built wardrobes, while the main suite includes a walk-in wardrobe and an en-suite bathroom. The second bedroom offers a full bathroom and a dedicated dressing area. A premium independent kitchen by Santos incorporates a central island with a high-grade stone waterfall countertop, Bosch appliances, and an integrated wine cooler. Comfort is ensured through ducted air conditioning with an Airzone system and individual heating by radiators. This apartment blends elegant design with comfort in one of Madrid’s most desirable areas. Please contact us for further information.

Exterior

Property

Gallery

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Property Location

Luis de Gongora, Madrid, Madrid, Madrid, Centro, Madrid, Spain., Centro Madrid

Local Weather & Climate

Centro, Madrid

Current Conditions Updated recently

53 °F

Clear sky

Feels Like 52°F

Humidity 74%

Wind 2 mph

Visibility 6.2 mi

Sunrise 6:30 AM

Sunset 6:18 PM

5-Day Forecast

Fri 13 Mar

Clear

High 60°

Low 54°

Sat 14 Mar

Clouds

High 56°

Low 49°

Sun 15 Mar

Clouds

High 56°

Low 43°

Mon 16 Mar

Clear

High 63°

Low 42°

Tue 17 Mar

Clear

High 68°

Low 47°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Centro?

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

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

€

Down Payment

€100,000

Interest Rate

Loan Term

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.
Tax benefit calculations are simplified estimates based on general assumptions for Spain. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on Spain tax year 2025 (fiscal year: January-December) through 2012. Tax laws change frequently and may have been amended since this data was compiled.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

$1,990,000

Luis de Gongora, Madrid, Madrid, Madrid, Centro, Madrid, Spain.

Centro, Madrid

2 Beds

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Market Opinion

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Our perspective on current market conditions in Centro. 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.

Buyer Score

Estimated regional appreciation: 4% annually

Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $199,000,000 20% down ($39,800,000)

Investment Perspective

$1 → $1.36

Every dollar invested today could become $1.36 in 10 years

$100 → 136 $1,000 → $1,362

$17,100/day

Your home may appreciate while you sleep

$120,029/week $520,126/mo $6,241,509/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

-$109.5M

+$157.4M

$157.4M Potential Equity

vs $109.5M lost to rent over 10 years

$39.8M Down Payment Growth

10yr

$157.4M

8.1x

20yr

$323.4M

12.6x

30yr

$502.6M

Wealth Comparison

×1,197

Equivalent to 1,197 average US homes

top 5%

US household wealth ranking

Median: $193K Yours: $502.6M

Time to Double Your Investment (accounting for market cycles)

42.4

years

Conservative

1.65% effective/yr

22.4

years

Market-Based

3.14% effective/yr

13.9

years

Optimistic

5.12% effective/yr

Projected Home Values (adjusted for market cycles)

10 Years

Conservative $234.4M +18%

Market $271.0M +36%

Optimistic $327.9M +65%

$157.4M est. equity

20 Years

Conservative $276.0M +39%

Market $369.1M +85%

Optimistic $540.2M +171%

$323.4M est. equity

30 Years

Conservative $325.0M +63%

Market $502.6M +153%

Optimistic $890.0M +347%

$502.6M est. equity

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

Important Disclaimer

The information presented in this Market Opportunity Opinion is provided for informational and educational purposes only and should not be construed as financial, investment, legal, or real estate advice. This analysis represents our opinion based on publicly available data and should not be relied upon as the sole basis for any real estate or investment decision.

No Guarantee of Accuracy: While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the data, projections, or analysis contained herein. Market conditions can change rapidly and unpredictably.

Not Professional Advice: This content does not constitute professional real estate, financial, or investment advice. We strongly recommend consulting with qualified professionals—including licensed real estate agents, financial advisors, attorneys, and tax professionals—before making any real estate or investment decisions.

Past Performance Disclaimer: Historical data and trends presented do not guarantee future results. Real estate markets are subject to numerous factors beyond the scope of this analysis, including economic conditions, interest rates, local regulations, and unforeseen events.

By viewing this information, you acknowledge that you understand these limitations and agree that the property owner, listing agent, brokerage, and platform providers shall not be held liable for any decisions made based on this analysis.

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

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does Luis de Gongora, Madrid, Madrid, Madrid, Centro, Madrid, Spain have?

This apartment at Luis de Gongora, Madrid, Madrid, Madrid, Centro, Madrid, Spain features 2 bedrooms with 1,518 square feet of living space.

What is the size of Luis de Gongora, Madrid, Madrid, Madrid, Centro, Madrid, Spain?

This property offers 1,518 square feet of living space.

What is the listing price for Luis de Gongora, Madrid, Madrid, Madrid, Centro, Madrid, Spain?

This property is listed at $199,000,000, which equals $131094 per square foot.

Is now a good time to buy a home in Centro?

Based on current market indicators, Centro shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.

What type of property is Luis de Gongora, Madrid, Madrid, Madrid, Centro, Madrid, Spain?

This is a apartment located in Centro, Madrid. The property is situated in an established neighborhood with convenient access to local amenities and services.