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House 370 м² in Madrid, Spain

3 487 376 $

9 425 $ /м²

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Area

370 м2

Bedrooms

5

Bathrooms

5

Luxury 5 bedroom house for sale in Madrid, Spain

Suma real estate offers this impressive penthouse of 370 meters + 163 terraces in the best building in Conde de Orgas.Completed in 2017, it has a unique design and exceptional qualities.It is a very bright house, with spacious rooms (living room 65 meters) and a terrace with private pool. Many improvements have been made to the original plot, both in terms of distribution and equipment, making it a unique property in the area.The building has 24 hour security, communal pool, gym and sauna.The house has three double garage spaces with electric charging and a storage room. Located northeast of Madrid, Conde de Orgas is one of the most exclusive residential areas of the capital. It is surrounded by large gardens and parks. From here it has easy access to the two main ring roads: the M-30 and the M-40.It is located 10 minutes from Barajas Airport and the IFEMA exhibition center.It is connected to several bus lines (122, 153, 104) and metro line 4.It also has several educational centers of great prestige: the French Lyceum, Hastings, Dallington and San Jose del Parque. This residential neighborhood has also been chosen by several embassies as well as top executives, both Spanish and foreign. Personalities from the world of sports, arts and culture also reside here.

Additional details

Property type

Residential Properties

Object type

House

Price

3 487 376 $

FAQ

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.
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.
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.
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.
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.
Yes. An inspection costs about 0.5–1% of the price (3 487 376 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
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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