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Flat 91 м² in Madrid, Spain

957 079 $

10 517 $ /м²

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Area

91 м2

Bedrooms

2

Bathrooms

2

Apartment for sale in Madrid, Spain

Margarita Real Estate company is selling a property located on the fifth floor on Calle Preciados, in a building built in 1900. Excellent location as it is between Gran Via and Puerta del Sol streets. It is a very bright exterior floor, with two windows in the living room and kitchen overlooking Preciados street and some on the inner courtyard, giving it a lot of light. Additionally, the apartment has 2 bedrooms and 2 bathrooms. Furthermore, the apartment is renovated and fully furnished, with custom-made designer furniture, wooden finishes, and excellent lighting using LED bulbs. Do not miss this unique opportunity. If you need more information or want to arrange a visit, do not hesitate to contact us.

Additional details

Property type

Residential Properties

Object type

Flat

Price

957 079 $

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 (957 079 $) 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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