The elegant and historic Justicia neighborhood, which dates back to the 16th century, has undergone major urbanization and improvement works and is now a very popular area of the city. Close to the city center, some of its main streets have seen prices soar by 25% in the last five years. However, the price depends largely on the location: 10,000 euros per square meter in the most coveted sectors - Argensola, Serrano Anguita and Antonio Flores streets - and 8,000 euros per square meter in Libertad, Pelayo and Barquillo streets.
Home to the country's most important judicial institutions, such as the General Council of the Judiciary and the Court of Auditors, Justicia is also home to a wide range of places of cultural and historical interest: the Palacio de Longoria, a modernist jewel and headquarters of the General Society of Authors and Publishers (SGAE), or the Church of Santa Barbara, where King Ferdinand VI and his wife are buried. The numerous early 20th century buildings house magnificent medium-sized apartments with two or three bedrooms.
Stroll through the sublime Mercado de San Miguel or Mercado de San Antón to find traditional products, eat at the trendy restaurant in the Chueca neighborhood, shop along bustling Fuencarral Street or visit the area's museums and galleries. The streets of the neighborhood have been beautified and various green or pedestrian areas have been created to offer residents everything they may need without having to travel.
The Justicia neighborhood is an area that has gained popularity and has become a very attractive place for buyers, as it offers a unique combination of strategic location, historical charm, vibrant culture and a wide range of services, making it a very attractive place. Not surprisingly, this has motivated numerous clients to choose to invest in Justicia, recognizing it as an enclave that encapsulates the authentic and exciting spirit of Madrid.
Furthermore, we highlight that the latest sale by the BARNES Madrid team has been especially revealing of its international appeal, as the owner was a French client referred from our BARNES Paris Est offices. This event highlights the effectiveness of our inter-agency synergy and how Justicia is able to attract both local and international buyers, represented in this case by a Spanish buyer.
This is a 181 m² property located on the fourth floor of a classic 1900's estate, perfectly distributed and brand new, making the most of its spaces, achieving that much of the house is exterior.
Our specialists successfully achieved the sale of this exceptional property at a value of 1.650.000€.
If you are considering selling your property or are currently looking for a new home, we invite you to contact our team of advisors. We are here to offer you the attention and support you need throughout the process.