In Lavapiés, in Madrid's historic centre, about 11 minutes on foot from Puerta del Sol. The exact address is shared with qualified buyers.

A whole building from 1905: a basement, two ground-floor premises and four floors of homes, 1,049 m² as recorded on a 182 m² parcel.

Are these twelve separate apartments?

Twelve homes appear on the record, from 37 to 60 m². Whether each is an independent home, and on what terms, is confirmed against the title and the legal division in the full study.

Can floors be added or the use changed?

The study works with the building as it stands: keep it and repair it. Nothing is assumed beyond the floors and uses on record.

A whole building · Madrid

Old Madrid, the whole building.

Built in 1905 in Lavapiés, in the historic centre: twelve homes on record, stacked over two ground-floor premises made for a corner bistro.

Request the study Floor by floor

Concept illustration: a rose-plastered corner building with iron balconies and a bistro on the ground floor, Lavapiés, Madrid

01 · The building

Five floors and a basement, on one corner.

LocationMadrid · Lavapiés, historic centre
Built1905, as recorded
Size1,049 m² recorded, on a 182 m² parcel
HomesTwelve on record, 37–60 m²
Ground floorTwo premises
PriceOn request

Recorded areas from Spain's official property records, not surveyed or saleable areas. How many homes are independent, and on what terms, is confirmed against the title in the full study.

1905Built, as recorded

1,049m² recorded, all floors

12Homes on record

6Levels, basement to fourth

02 · Floor by floor

Twelve homes, stacked over the street.

Every floor as it is recorded, from the basement storage to the fourth floor. Tap a floor to see its homes.

Recorded areas, layout illustrative. Heights are assumed; the division of each floor is a diagram, not a plan.

Fourth floor

Home · left37 m²
Home · centre39 m²
Home · right48 m²

Third floor

Home · left60 m²
Home · centre52 m²
Home · right46 m²

Second floor

Home · left60 m²
Home · centre52 m²
Home · right46 m²

First floor

Home · left60 m²
Home · centre52 m²
Home · right46 m²

Ground floor

Hospitality premises · left76 m²
Commercial premises · right74 m²

Basement

Storage · left100 m²
Storage · right83 m²

Plus 118 m² of common areas, stairs and landings among them, recorded for the building as a whole.

The homes on record

Floor	Left	Centre	Right
First floor	60m²	52m²	46m²
Second floor	60m²	52m²	46m²
Third floor	60m²	52m²	46m²
Fourth floor	37m²	39m²	48m²

Door as recorded: left, centre, right. Recorded areas, layout illustrative.

03 · The idea

Keep the building. Care for every floor.

A 1905 facade of plaster and wrought-iron balconies, kept as it stands and cared for. Twelve homes behind it, and on the corner, the idea of a neighbourhood bistro with its awning out over the street.

First sketch · a balcony over the street, concept illustration — First sketch · a balcony over the street · concept illustration

04 · Location

Lavapiés, the heart of old Madrid.

The most lived-in quarter of the historic centre, with its market halls, theatres and corner bars. Sol, the Prado's museum mile and Atocha are all a walk away.

Museo Reina Sofía≈ 9 min on foot
Puerta del Sol≈ 11 min on foot
Plaza Mayor≈ 14 min on foot
Atocha station≈ 15 min on foot

Walking times by route from Plaza de Lavapiés, the neighbourhood square. The exact address is shared with qualified buyers.

05 · Why Madrid

Why Madrid, why now.

The reach68.2 M

passengers through Madrid-Barajas in 2025, a record — 51.4 M of them international

The capital€523 M

Latin American investment in Spanish property in 2024, up from €22 M in 2019 — over 75% of it into Madrid

The street price€5,654/m²

What homes in this postcode sold for, per m², over the latest twelve months on the notaries' record.

Aena 2025, via Aviación al Día; CBRE, via Lucas Fox; Consejo General del Notariado, postcode 28012, all home types, latest twelve months. A postcode average, not a value for this building.

06 · Acquire

The full study is for buyers.

The building

Every recorded floor and home, and the 3D model.

The record

Protection, title and legal division, document by document.

The numbers

Market evidence and the figures behind the price.

The vision

The concept for the homes and the corner premises.

Price and full study on request.

Shared with qualified buyers and their advisers.

Request price and study

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Questions

Before you ask.

Where is CAPELLA?: In Lavapiés, in Madrid's historic centre, about 11 minutes on foot from Puerta del Sol. The exact address is shared with qualified buyers.
What is for sale?: A whole building from 1905: a basement, two ground-floor premises and four floors of homes, 1,049 m² as recorded on a 182 m² parcel.
Are these twelve separate apartments?: Twelve homes appear on the record, from 37 to 60 m². Whether each is an independent home, and on what terms, is confirmed against the title and the legal division in the full study.
Can floors be added or the use changed?: The study works with the building as it stands: keep it and repair it. Nothing is assumed beyond the floors and uses on record.
What is the price?: The price is on request. It is shared with qualified buyers and their advisers, together with the full study.