Flat 112 м² in Madrid, Spain

1 402 947 $

12 526 $ /м²

4OUtF

Flat 112m² in Spain, Madrid. Priced at 1038451£ rent photo- #1

Flat 112m² in Spain, Madrid. Priced at 1038451£ rent photo- #2

Flat 112m² in Spain, Madrid. Priced at 1038451£ rent photo- #3

Flat 112m² in Spain, Madrid. Priced at 1038451£ rent photo- #4

Flat 112m² in Spain, Madrid. Priced at 1038451£ rent photo- #5

Flat 112m² in Spain, Madrid. Priced at 1038451£ rent photo- #6

Area

112 м²

Bedrooms

Bathrooms

Apartment in Goya

The building is located in the neighborhood of Salamanca on Goya Street. Beautiful house on the top floor of 112 square meters, very bright. Divided into entrance hall, living-dining room in two different rooms with two balconies facing the street, 3 large bedrooms, of which 1 with en-suite bathroom, 2 bathrooms and a fully equipped kitchen. The house is new, with smart home system and high-end finishes and decor, with individual heating and hot water supply, air conditioning with heating and cooling function and high ceilings. Classic building with beautiful facade, representative lobby, concierge services and direct access by elevator without stairs. Excellent location, excellent transportation links and many different stores in the area.

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 402 947 $

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 (1 402 947 $) 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).