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Flat 136 м² in Madrid, Spain

1 326 063 $

9 750 $ /м²

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Area

136 м2

Bedrooms

3

Bathrooms

3

Apartment in Central and Northern Spain. City - Madrid

Restored 136 sqm space located on the second floor. This property has 3 bedrooms and 3 bathrooms, including 2 en-suites. Fully furnished with custom-designed furniture, wood finishes, air conditioning, and excellent LED lighting. Situated in the heart of Madrid, specifically between Puerta del Sol and Gran Via, this area is an undeniable center of Madrid's tourist, cultural, and leisure activities. Kitchen appliances. Air conditioning. Close to shops. Furnished. Renovated.

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 326 063 $

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 (1 326 063 $) 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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