Flat 308 м² in Madrid, Spain

5 020 300 $

16 299 $ /м²

4OUgL

Flat 308m² in Spain, Madrid. Priced at 3712142£ rent photo- #1

Flat 308m² in Spain, Madrid. Priced at 3712142£ rent photo- #2

Flat 308m² in Spain, Madrid. Priced at 3712142£ rent photo- #3

Flat 308m² in Spain, Madrid. Priced at 3712142£ rent photo- #4

Flat 308m² in Spain, Madrid. Priced at 3712142£ rent photo- #5

Flat 308m² in Spain, Madrid. Priced at 3712142£ rent photo- #6

Area

308 м²

Bedrooms

Bathrooms

Apartment for sale in Madrid, Spain

Century21 Homeplace offers beautiful luxury housing in the heart of the Almagro neighborhood. This is one of the most prestigious neighborhoods in Madrid. The house, renovated with many design solutions and of unsurpassed quality, has 378 square meters, of which 20 square meters is occupied by a large terrace facing south and unobstructed. Large windows along the entire facade make the house very bright. It is divided into a large living room with fireplace and access to the terrace, dining room, living room with office-bar, guest toilet and kitchen (with great views) equipped with high quality appliances. The house has many built-in closets. It has 3 bedrooms, two of which are en-suite, as well as a fourth bedroom for the staff with its own bathroom. The master bedroom with access to the terrace, a walk-in closet and a bathroom with large windows stands out. The apartment has a storage room, a parking space in the building and a guest parking space. The search for excellence and quality in execution give the house great personality. The information shown is informative and not legally binding. Taxes are not included. (Ref: 121-00172)

Additional details

Property type

Residential Properties

Object type

Flat

Price

5 020 300 $

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 (5 020 300 $) 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).