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Flat 134 м² in Madrid, Spain

ID 4OVbf
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Area
134 m²
Bedrooms
3
Bathrooms
2

Description

Charm and comfort in an unparalleled location. Madrid. Spain

Traditio Real Estate Consulting Company offers an exclusive opportunity to purchase a property that combines comfort and a privileged location. Property features: - Ideal location: This magnificent apartment is located in the heart of the city, surrounded by major shopping areas, restaurants, and services, providing a comfortable and vibrant life. The house is located at Calle Modesto Lafuente 59. - House layout: This 152 m² house with a cadastral number is distributed in a living room, a good-sized kitchen with a space for daily dining, three bedrooms, and two bathrooms. The main bedroom has a large walk-in closet. The renovation was done using high-quality materials. - Spacious rooms: Thanks to spacious rooms and common areas, you will have all the necessary space for a comfortable life and entertaining guests. Benefits of buying with us: - Legal expertise: Our team of experienced real estate lawyers will accompany you throughout the entire purchasing process, ensuring compliance with all legal norms and protecting your interests. - Confidentiality: We understand the importance of confidentiality in such transactions, and it is guaranteed. - International experience: We have an experienced team dealing with international transactions, and we understand the complexity of cross-border investments. We are ready to help you at every stage of the process. - Legal and tax consultations: Our legal and tax consultations

Characteristics

Property type
All Types
Object type
Flat
Price
902 750 $

FAQ

How can I get a residence permit by buying property in Spain?

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.

Is a mortgage available for non-residents in Spain?

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.

What taxes and fees apply when buying in Spain?

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.

How is the title checked in Spain?

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.

Can I rent out property after purchase in Spain?

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.

Is a property inspection recommended before purchase?

Yes. An inspection costs about 0.5–1% of the price (902 750 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

How long does the purchase process take in Spain?

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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Flat with 3 bedrooms in Madrid, Spain