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House 275 м² in Madrid, Spain

ID 4OWvj
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Area
275 m²
Bedrooms
3
Bathrooms
2

Description

For sale 3 bedroom luxury house with terrace in El Encinar de los Reyes, Madrid, Province of Madrid, Community of Madrid

Wonderful renovated semi-detached house in Encinar de Los Reyes, a residential complex in the north of the country, just 8 km from the center of Madrid and 10 minutes from Adolfo Suarez airport. The house is in a great location and enjoys great light and the privacy of a fantastic garden. The property has 24-hour security. It is a 4 minute walk from El Encinar shopping center (supermarket, hairdresser). The urbanization has a communal park, playground and swimming pool. The house has 275 m2 plus 150 m2 of private garden. Distribution Ground floor: On the first floor there is an entrance hall, toilet and kitchen connected to a lovely dining room and a living room connected to a double study. Both rooms have large windows and access to the porch and garden. The kitchen has been completely renovated with Santos furniture. One of the great advantages of the lower floor is that it has a modular design, with sliding doors that separate the kitchen from the dining room and the living room from the study if privacy is needed. Upper floor: upstairs there are 3 bedrooms and 2 bathrooms: the master bedroom has a walk-in closet and bathroom: the second bedroom has been enlarged, separating the sleeping area from the play or reading area. This extension could become a fourth bedroom as this is how the house was originally built. A double garage and storage room are included in the price. The garden is 150m2 with a hanger and shed for storing bikes, tools or outdoor items. The house has

Characteristics

Property type
Residential Properties
Object type
House
Price
1 617 826 $

FAQ

How can I get a residence permit by buying property in Spain?

In Spain a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Madrid; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Is a mortgage available for non-residents in Spain?

Banks in Spain finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.

What taxes and fees apply when buying in Spain?

Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.

How is the title checked in Spain?

A title search at the land registry of Spain takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.

Can I rent out property after purchase in Spain?

Yes. Rental income tax is 5–25% depending on the regime. In Madrid short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Is a property inspection recommended before purchase?

Yes. An inspection costs about 0.5–1% of the price (1 617 826 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

How long does the purchase process take in Spain?

A typical transaction runs 30–90 days, averaging 45 in Madrid: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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House with 3 bedrooms in Madrid, Spain