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Flat 340 м² in Madrid, Spain

ID 4ObXi
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Area
340 m²
Bedrooms
3
Bathrooms
4

Description

Apartment for sale in Madrid, Spain

WE ARE PROFESSIONALS. DIRECTLY ABOUT REAL ESTATE. Unique and exclusive house on Calle del Marqués de Urquijo, in one of the most important areas of the city. in the capital. Located on the fourth floor of a majestic building facing south, dating back to the end of the 19th century and rebuilt in the post-war period, the house meets standards that are more demanding in terms of quality and luxury. The house consists of a spacious and bright living-dining room with an integrated kitchen, three bedrooms, three bedrooms with a dressing room and a bathroom, a guest toilet, as well as a laundry room with an auxiliary bathroom. The house is completely renovated and furnished, with ceiling heights of almost 3 meters. The fully equipped kitchen, with a countertop and central island, is made of ceramic material. Furniture made of high-quality compact laminate, with a matte finish and built-in Gola handles. Stainless steel sink, top quality faucets and appliances. Extractor hood and ceramic hob (Bosch) built into the island. Oven and microwave (De Dietrich), refrigerator (Liebherr) and washer-dryer (LG). Central heating, hot water on natural gas, as well as ducted air conditioning with inverter system (Daikin). The building has a main elevator, service elevator, concierge, and storage room (nº18). Unbeatable location, thoughtful layout, excellent materials and finishes make this house ideal for living. The house was built during Madrid's first expansion in the mid-nineteenth century.

Characteristics

Property type
Residential Properties
Object type
Flat
Price
2 839 245 $

Services and facilities

  • Air conditioner
  • Lift

FAQ

How can I get a residence permit by buying property in Spain?

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.

Is a mortgage available for non-residents in Spain?

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.

What taxes and fees apply when buying in Spain?

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.

How is the title checked in Spain?

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.

Can I rent out property after purchase in Spain?

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.

Is a property inspection recommended before purchase?

Yes. An inspection costs about 0.5–1% of the price (2 839 245 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

How long does the purchase process take in Spain?

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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Flat with 3 bedrooms in Madrid, Spain