Flat 186 м² in Madrid, Spain

1 694 734 $

9 111 $ /м²

4Ob46

Area

186 м²

Bedrooms

Bathrooms

Apartment in Central and Northern Spain. City - Madrid

Located in the vibrant heart of Madrid, this centrally located ground floor apartment captures the essence of modern lifestyle. With a welcoming east orientation, the fully renovated space features three generously sized bedrooms, including two en-suite bathrooms, accompanied by a convenient laundry room and storage room. The interior is a testament to exquisite taste, as the apartment comes with furniture from individual designers, adorned with elegant wood finishes and bathed in natural light enhanced by energy-efficient LED lamps.

Enhancing the appeal of this urban residence, it boasts practical features such as an elevator for easy access, gas central heating for comfort, and air conditioning for climate control. The building offers concierge services for added convenience. Step out onto the balcony to enjoy the city atmosphere, or retreat to the private terrace for a more secluded outdoor relaxation. This property perfectly combines style with functionality, creating a comfortable and refined living space in the heart of Madrid.

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 694 734 $

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 (1 694 734 $) 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).