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Flat 116 м² in Madrid, Spain

1 236 641 $

10 660 $ /м²

4OaVC
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Area

116 м2

Bedrooms

2

Bathrooms

2

Apartment in Central and Northern Spain. City - Madrid

Elegant renovated apartment in the center of Madrid. It has three bedrooms, all with private bathrooms and toilet. The kitchen is equipped with high-quality appliances, sold fully furnished with custom designer furniture, wood finishes, air conditioning, and excellent lighting using LED lamps and decor. There is an elevator in the building. Located in the heart of Madrid, in the Malasaña district, whose streets and buildings are full of history. This is a central area that combines tradition and modernity. It is a lively area with dynamic commercial activity, offering endless shopping opportunities. The gastronomic scene is diverse, offering classic taverns with refreshing beer and snacks, such as Circo de las Tapas, Clarita, La Pescadería, Bar Galleta, Navajas, and the San Ildefonso gourmet market. Another possibility is to enjoy a peaceful evening in one of the cozy cafes of Malasaña with their unique decor and relaxed atmosphere, the perfect place for coffee, tea, pleasant conversation, or a good book. Kitchen appliances. Air conditioning. Close to shops. Furnished. Refurbished. Furnished kitchen.

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 236 641 $

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 (1 236 641 $) 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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