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Flat 64 м² in Madrid, Spain

230 137 $

3 595 $ /м²

4OUdR
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Area

64 м2

Bedrooms

2

Bathrooms

1

Apartment for sale in Madrid, Spain

ELEVATOR CAN BE INSTALLED. Grupo Inmobilia offers for sale in the Hortaleza and Pinar del Rey area a magnificent 2 bedroom house located on Lopez de Omños Street, between Avenida Virgen del Carmen and San Luis and a few meters from the main roads of Arturo Soria, Hortaleza station and Gran Via de Hortaleza. With many parks and green areas, including the parks of Manoteras Velez Rubio, Clara Eugenia and Alfredo Kraus, this building was built in 1961, has 5 floors and 2 neighbors per floor, and is equipped with a classic smooth-painted facade with terraces, good entrance and separate heating services.This house is located on the third floor, completely outside (in the registration documents it is listed as fourth floor but the first floor is considered as first floor), very bright (all day natural light), with cross ventilation and a total built-up area of 60 square meters plus a terrace (approximately 8 meters) and a small balcony in the living room, which are distributed in the following rooms: entrance hall, kitchen with access to an open terrace on the south side, living room of two rooms with a small balcony (also a terrace has been added), bathroom with shower and eco-dining room. The house is ready to move in and has no load-bearing walls, which allows you to change the layout according to the buyer's needs.This house is ideal as a first residence for a couple looking for a quiet neighborhood with a wide range of stores and educational institutions and excellent accessibility, with three metro stations nearby (Hortaleza L4, Parque Santa Maria L4 and Pinar del Rey L8), as well as several bus routes in the vicinity (9, 72, 107, 125, 172, N2), and private roads with access to the M-11, M-40 and M-30.Feel free to contact our consultants to arrange a viewing.

Additional details

Property type

Residential Properties

Object type

Flat

Price

230 137 $

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 (230 137 $) 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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