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House 1050 м² in Madrid, Spain

6 896 411 $

6 568 $ /м²

4OViT
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Area

1050 м2

Bedrooms

7

Bathrooms

6

Luxury house for 7 rooms in Madrid, Autonomous Region of Madrid

Detached house built by a prestigious architect in a contemporary style, with concrete facade and visible structure, a unique, exceptional work inspired by the outstanding Spanish sculptor Oteiza. The home, dubbed Open Box, features large stained glass windows and meticulously landscaped grounds. The master bedrooms are en-suite and only the highest quality materials were used in the finishes. The kitchen with center island, daily dining area and finishes with the finest materials such as Corian and Gaggenau appliances is beautifully appointed. The whole house can be controlled from a cell phone thanks to a modern domotics system, music can be played anywhere in the house or garden (including the garage). The house is distributed as follows: Main floor: large hall, 2 spacious living rooms with double high ceilings, fireplace, dining room, kitchen, study, bathroom, games room and guest bedroom. Second floor: 4 en-suite bedrooms, master bedroom with large private landscaped terrace, study, 2 dressing rooms and bathroom with large shower, Jacuzzi, boudoir area and half bath. Basement: staff area and heated garage for 6 cars. Fully open plan with natural light.

Additional details

Property type

Residential Properties

Object type

House

Price

6 896 411 $

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 (6 896 411 $) 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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