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Flat 43 м² in Madrid, Spain

289 796 $

6 739 $ /м²

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Area

43 м2

Bedrooms

2

Bathrooms

1

Apartment in Central and Northern Spain. City - Madrid

Cozy apartment located in the prestigious Salamanca district in Madrid, in an area with high demand for rent. The apartment features high ceilings and is divided into a hall, 2 bedrooms with double beds, a fully equipped kitchen, and a living-dining room. It also has individual heating, double windows, parquet floors, and is located in a building with an elevator and a renovated entrance. It is situated in a very nice area, close to all kinds of services and not far from bus and metro stops. Kitchen appliances. Near shops. Furnished. Equipped kitchen.

Additional details

Property type

Residential Properties

Object type

Flat

Price

289 796 $

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 (289 796 $) 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).

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