Flat 320 м² in Madrid, Spain

2 045 545 $

6 392 $ /м²

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Flat 320m² in Spain, Madrid. Priced at 1750000€ rent photo- #1

Flat 320m² in Spain, Madrid. Priced at 1750000€ rent photo- #2

Flat 320m² in Spain, Madrid. Priced at 1750000€ rent photo- #3

Flat 320m² in Spain, Madrid. Priced at 1750000€ rent photo- #4

Flat 320m² in Spain, Madrid. Priced at 1750000€ rent photo- #5

Flat 320m² in Spain, Madrid. Priced at 1750000€ rent photo- #6

Area

320 м²

Bedrooms

Bathrooms

Luxury 7 bedroom apartment for sale in Madrid, Spain

HousinGo is proud to present this exciting cohousing project offering a unique investment opportunity with high returns. This impressive 320m2 apartment is divided into 7 fully independent studios which are currently being rented out, providing investors with a solid and stable income. Located in Madrid's most sought-after residential area, this exclusive shared living space is just a few meters from the lively Plaza de España, providing tenants with a prime location with access to numerous amenities and nearby services.Each studio apartment has been designed with the comfort and privacy of its tenants in mind. With separate kitchens and bathrooms, tenants can enjoy their personal space without sacrificing the convenience of living in a vibrant community. In addition, a shared laundry room with multiple washers and dryers makes daily life easier without having to outsource. The complex underwent a complete renovation in 2023, ensuring that all facilities and finishes are in immaculate condition and up to high standards. Differing from the usual rental options on the market, each studio apartment is equipped with an Airzone climate control system, ensuring complete temperature control and a comfortable environment all year round. The kitchen, the heart of the house, is equipped with state-of-the-art appliances such as dishwasher, oven and microwave

Additional details

Property type

Residential Properties

Object type

Flat

Price

2 045 545 $

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 (2 045 545 $) 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).