Flat 147 м² in Madrid, Spain

1 522 723 $

10 358 $ /м²

4OaV9

Area

147 м²

Bedrooms

Bathrooms

Apartment in Central and Northern Spain. City - Madrid

Recently renovated, this 147 sqm property is located in a privileged location. It has 4 bedrooms, three of which have en-suite bathrooms, and the kitchen is equipped with top-of-the-line appliances. It is offered fully furnished with custom wood furniture, complemented by air conditioning and ambient LED lighting. There is an elevator in the building. The Sol district is the most central of all Madrid districts, the starting point for all peninsular and urban distances. Its name comes from its central square, Puerta del Sol, where the Kilometer Zero plaque is located. In this area, which some call Sol-Gran Via, we find many of the city's main attractions. Some are right on Puerta del Sol, others nearby. Its shopping areas are some of the busiest, sometimes even overcrowded. Kitchen appliances. Air conditioning. Close to shops. Furnished. Renovated. Furniture kitchen.

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 522 723 $

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 (1 522 723 $) 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).