Flat 80 м² in Madrid, Spain

847 689 $

10 596 $ /м²

4OUrn

Flat 80m² in Spain, Madrid. Priced at 627500£ rent photo- #1

Flat 80m² in Spain, Madrid. Priced at 627500£ rent photo- #2

Flat 80m² in Spain, Madrid. Priced at 627500£ rent photo- #3

Flat 80m² in Spain, Madrid. Priced at 627500£ rent photo- #4

Flat 80m² in Spain, Madrid. Priced at 627500£ rent photo- #5

Flat 80m² in Spain, Madrid. Priced at 627500£ rent photo- #6

Area

80 м²

Bedrooms

Bathrooms

Apartment for sale in Retiro, Ibiza, Madrid, Spain

Huspi presents this charming apartment located in the center of Ibiza, in the Retiro area of Madrid. It is currently under complete renovation and offers an exceptional lifestyle. With 80 square meters of space, a floor on the fourth floor with street views, you get an oasis in the city. The apartment consists of 2 bedrooms and 2 bathrooms, providing you with convenience and privacy. Imagine mornings bathed in sunlight streaming through the windows. The opportunity to purchase already renovated for 850,000 euros makes it a unique opportunity. The building, built in 1930, is a historical masterpiece with elevator and duty. The usual quality of construction, location and views make this apartment a true home. Discover the beauty of living in the heart of Madrid.

Additional details

Property type

Residential Properties

Object type

Flat

Price

847 689 $

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 (847 689 $) 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).