Flat 58 м² in Madrid, Spain

277 192 $

4 779 $ /м²

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Flat 58m² in Spain, Madrid. Priced at 237000€ rent photo- #1

Flat 58m² in Spain, Madrid. Priced at 237000€ rent photo- #2

Flat 58m² in Spain, Madrid. Priced at 237000€ rent photo- #3

Flat 58m² in Spain, Madrid. Priced at 237000€ rent photo- #4

Flat 58m² in Spain, Madrid. Priced at 237000€ rent photo- #5

Flat 58m² in Spain, Madrid. Priced at 237000€ rent photo- #6

Flat 58m² in Spain, Madrid. Priced at 237000€ rent photo- #7

Flat 58m² in Spain, Madrid. Priced at 237000€ rent photo- #8

Flat 58m² in Spain, Madrid. Priced at 237000€ rent photo- #9

Flat 58m² in Spain, Madrid. Priced at 237000€ rent photo- #10

Area

58 м²

Bedrooms

Bathrooms

Apartment in Central and Northern Spain. City - Madrid

Brand new property located in Sanchinarro, a fully consolidated area with all necessary amenities at hand: nurseries, renowned public schools such as St. George's International School, Highlands, El Valle and Valdefuentes. Shopping centers such as El Corte Inglés and Hipercor. Leading hospitals such as HM Sanchinarro Hospital and Sanitas la Moraleja. Additionally, the area is well connected by roads and public transportation through metro and numerous bus lines that link in 10 minutes to the Castilla square.

The property has 1 bedroom, 1 bathroom, living-dining room, kitchen, parking space, and storage room. The property is located on the 1st floor and is inside a wonderful gated residential complex with 24-hour video surveillance, a large green area with a pool, paddle tennis court, and social club, equipped gym, mini-golf, children's playground, and petanque.

- Wooden floors throughout the property
- Built-in wardrobes
- Motorized blinds
- Armored door
- Hot/cold heating and cooling system throughout the apartment through ducted air system - installation.
- Vanity unit in bathrooms, mirror, and electric towel rail.
- Central hot water supply with individual meters.
- Kitchen not installed. Paddle tennis court. Storage room. Air conditioning. Near shops. Garage/parking. Pool. Gym. Playground.

Additional details

Property type

Residential Properties

Object type

Flat

Price

277 192 $

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 (277 192 $) 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).