Flat 395 м² in Madrid, Spain

5 373 082 $

13 602 $ /м²

4OVov

Flat 395m² in Spain, Madrid. Priced at 3980652£ rent photo- #1

Flat 395m² in Spain, Madrid. Priced at 3980652£ rent photo- #2

Flat 395m² in Spain, Madrid. Priced at 3980652£ rent photo- #3

Flat 395m² in Spain, Madrid. Priced at 3980652£ rent photo- #4

Flat 395m² in Spain, Madrid. Priced at 3980652£ rent photo- #5

Flat 395m² in Spain, Madrid. Priced at 3980652£ rent photo- #6

Area

395 м²

Bedrooms

Bathrooms

Apartments in Recoletos

Salamanca neighborhood, ideal location in the exclusive Recoletos area, very sought after, on Núñez de Balboa Street, very close to Villanueva Street and a few meters from Retiro Park. Unrivaled classic building with a beautiful facade and a majestic portal with doorman. Brand new house of 395 meters, very bright, with high ceilings, with 4 balconies to the street and 4 balconies to the exclusive courtyard of the quarter, with first-class qualities and details in all its rooms distributed in two large halls, living room of 80 m2 in two rooms, guest dining room integrated in a fully equipped kitchen of 25 m2, 3 double bedrooms with bathrooms, with bathroom and dressing room in each of them, very spacious and cozy rooms, 14 windows overlooking the courtyard and fully independent laundry room, service bedroom with bathroom, guest toilet and family room of 25 m2, in the area adjacent to the bedrooms, finished to the highest level, with care for every detail in its decor and lighting, heating and air conditioning with Wi-Fi system. Unbeatable location, excellent transport links and all kinds of services and stores in the surrounding area.

Additional details

Property type

Residential Properties

Object type

Flat

Price

5 373 082 $

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 (5 373 082 $) 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).