THE ADDRESS Magazine Summer 2014 - Page 241

A splendid duplex apartment offering the perfect blend of world-class location, luxurious appointments and gracious style M adrid real estate was less exposed to the global market downturn than the rest of Spain, mainly due to the lack of new housing supply in the city, a factor that clearly distinguishes it from the rest of the country. The scarcity of new supply is particularly evident in the city’s prime districts. In the apartment market, Salamanca and Chamberí, in the heart of Madrid, are most in demand due to the excellent amenities on offer. Spaniards are the main buyers here, but interest in luxury flats among overseas investors is growing. Foreign buyers interested in Salamanca and and Chamberí property come typically from Mexico, Venezuela, Columbia, America and Russia. This spectacular duplex apartment delivers a stunning combination of modern luxury, stylish living and enviable address in the heart of Madrid. It entices with its distinguished lifestyle and urban convenience. Timeless appeal, classic flair and a superb location are among the flat’s outstanding features. Uncompromising in quality and effortless in style, the exquisite design creates not only a refined living space, but also a warm and welcoming home, infused with natural light and spacious dimensions. Exemplifying a quality of sheer luxury, the fine residence is a complete reflection of exclusivity, elegance and good taste. www.theaddressmagazine.com 241