Flat 48 м² in Madrid, Spain

255 977 $

5 332 $ /м²

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Flat 48m² in Spain, Madrid. Priced at 220000€ rent photo- #1

Flat 48m² in Spain, Madrid. Priced at 220000€ rent photo- #2

Flat 48m² in Spain, Madrid. Priced at 220000€ rent photo- #3

Flat 48m² in Spain, Madrid. Priced at 220000€ rent photo- #4

Flat 48m² in Spain, Madrid. Priced at 220000€ rent photo- #5

Flat 48m² in Spain, Madrid. Priced at 220000€ rent photo- #6

Flat 48m² in Spain, Madrid. Priced at 220000€ rent photo- #7

Flat 48m² in Spain, Madrid. Priced at 220000€ rent photo- #8

Flat 48m² in Spain, Madrid. Priced at 220000€ rent photo- #9

Flat 48m² in Spain, Madrid. Priced at 220000€ rent photo- #10

Area

48 м²

Bedrooms

Bathrooms

Apartment in Central and Northern Spain. City - Madrid

The property is located near Plaza de Castilla and the four towers in Madrid. It has 1 bedroom, 1 bathroom, kitchen, living room, storage room. It also includes a parking space and heating from natural gas. Located close to all kinds of services, the municipal sports center Antonio Dias Miguel and Rodriguez Sagun Park. Good public transport links. Kitchen appliances. Close to shops. Garage/parking. Furnished. Fully equipped kitchen.

Additional details

Property type

Residential Properties

Object type

Flat

Price

255 977 $

Land area

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 (255 977 $) 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).