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Flat 378 м² in Madrid, Spain

5 040 578 $

13 334 $ /м²

4OW6a
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Area

378 м2

Bedrooms

4

Bathrooms

5

Luxury 4 bedroom apartment for sale in Madrid, Spain

A new property in the heart of the Almagro neighborhood, specifically on Paseo de Eduardo Dato street. The property has an area of 378 meters, of which 20 is a large terrace on the south side with unobstructed views. Thanks to the large windows located throughout the facade, the apartment is very bright. It consists of a spacious living room with fireplace and access to the terrace, dining room, living room with office-bar, guest toilet and a separate kitchen equipped with appliances. The house has 3 bedrooms, two of which are en-suite, as well as a fourth bedroom with en-suite bathroom. The master bedroom with access to the terrace, walk-in closet and bathroom with large windows is particularly outstanding. The apartment has a storage room, garage space in the property and guest parking.

Additional details

Property type

Residential Properties

Object type

Flat

Price

5 040 578 $

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 (5 040 578 $) 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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