Flat 225 м² in Madrid, Spain

1 489 794 $

6 621 $ /м²

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Flat 225m² in Spain, Madrid. Priced at 1250000€ rent photo- #1

Flat 225m² in Spain, Madrid. Priced at 1250000€ rent photo- #2

Flat 225m² in Spain, Madrid. Priced at 1250000€ rent photo- #3

Flat 225m² in Spain, Madrid. Priced at 1250000€ rent photo- #4

Flat 225m² in Spain, Madrid. Priced at 1250000€ rent photo- #5

Flat 225m² in Spain, Madrid. Priced at 1250000€ rent photo- #6

Area

225 м²

Bedrooms

3 bedroom luxury apartment in El Encinar de los Reyes, Madrid, Community of Madrid

Bright apartment with impeccable reform in Encinar de Los Reyes, a residential complex in the north just 8 km from the center of Madrid and 10 minutes from Adolfo Suarez airport. It is located in an excellent urbanization and is an apartment with excellent qualities, 24-hour security, paddle tennis pool and incomparable views. The distribution of this top quality luxury apartment is as follows: Entrance hall, guest toilet, large living-dining room with fireplace and access to a fantastic 30m2 terrace with spectacular views. The kitchen, furnished with Italian designer furniture, is fully equipped with induction hob, extractor hood, fridge, dishwasher, microwave and multi-function oven. A wine refrigerator and coffee maker are also built into the furniture. Enclosed laundry basket with washer and dryer. All appliances are GAGGENAU and SIEMENS brand. Master bedroom with bathroom Both bedrooms have en-suite bathrooms and full closets. The master bedroom has a large walk-in closet. The apartment has a home automation system with control of blinds, lighting and air conditioning. The apartment is also equipped with smoke detection, water leakage control and alarm system. Two parking spaces and a storage room are included in the rent. The high security urbanization has access control, green areas and trees - an ideal place for relaxation and leisure. Children's play area, swimming pool for adults and more

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 489 794 $

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 (1 489 794 $) 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).