Flat 672 м² in Madrid, Spain

8 557 260 $

12 734 $ /м²

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Flat 672m² in Spain, Madrid. Priced at 7300000€ rent photo- #1

Flat 672m² in Spain, Madrid. Priced at 7300000€ rent photo- #2

Flat 672m² in Spain, Madrid. Priced at 7300000€ rent photo- #3

Flat 672m² in Spain, Madrid. Priced at 7300000€ rent photo- #4

Flat 672m² in Spain, Madrid. Priced at 7300000€ rent photo- #5

Flat 672m² in Spain, Madrid. Priced at 7300000€ rent photo- #6

Area

672 м²

Bedrooms

Bathrooms

Luxury 3 bedroom apartment for sale in Madrid, Spain

Unique property' on Paseo de la Castellana, in a building in the center of Madrid with parking for residents and guests, representative entrance, well maintained and south facing with unobstructed views. It is a house of great personality, using materials of great nobility, providing it with three bedrooms plus a service bedroom, visually integrating a fantastic terrace into the reception area. Acoustic and thermal insulation, design, domotica and noble materials make this house a "unique house". The house has a large entrance hall with natural garden, living room with two rooms with gas fireplace and access to the terrace, study, kitchen with island and laundry room. The house has two double bedrooms with en-suite bathrooms, one of them with a dressing room. There is also a maid's bedroom with en-suite bathroom. The master bedroom is 70 m2 with a large dressing room with island, bathroom with double shower, Turkish bath and bathtub.

Additional details

Property type

Residential Properties

Object type

Flat

Price

8 557 260 $

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 (8 557 260 $) 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).