Flat 120 м² in Madrid, Spain

1 107 737 $

9 231 $ /м²

4OUhT

Flat 120m² in Spain, Madrid. Priced at 819939£ rent photo- #1

Flat 120m² in Spain, Madrid. Priced at 819939£ rent photo- #2

Flat 120m² in Spain, Madrid. Priced at 819939£ rent photo- #3

Flat 120m² in Spain, Madrid. Priced at 819939£ rent photo- #4

Flat 120m² in Spain, Madrid. Priced at 819939£ rent photo- #5

Flat 120m² in Spain, Madrid. Priced at 819939£ rent photo- #6

Area

120 м²

Bedrooms

Bathrooms

Apartment for sale in Madrid, Spain.

IDÍLICO realty offers you the opportunity to purchase this delightful, fully renovated apartment on the first floor of Paseo de la Castellana, which has 2 balconies with beautiful views. It is located in the central area of Castellana, next to the Santiago Bernabeu stadium.The apartment was designed by the famous architect Antonio Lamela, who also remodeled this stadium and conducted sports town projects.This accommodation has high ceilings and consists of 3 bedrooms, 3 bathrooms, 2 of which have their own bathroom, one of them combining both bath and shower and the others with shower only, living room, dining room and equipped kitchen.The apartment uses natural wood, additional LED lighting and games of light that will create a wonderful atmosphere in the house.It is offered fully furnished. In addition, both the apartment and the entryway are wheelchair accessible.Be sure to visit it!

Services and facilities

Lift

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 107 737 $

Characteristics

Lift

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 (1 107 737 $) 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).