Flat 47 м² in Madrid, Spain

322 298 $

6 857 $ /м²

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Flat 47m² in Spain, Madrid. Priced at 277000€ rent photo- #1

Flat 47m² in Spain, Madrid. Priced at 277000€ rent photo- #2

Flat 47m² in Spain, Madrid. Priced at 277000€ rent photo- #3

Flat 47m² in Spain, Madrid. Priced at 277000€ rent photo- #4

Flat 47m² in Spain, Madrid. Priced at 277000€ rent photo- #5

Flat 47m² in Spain, Madrid. Priced at 277000€ rent photo- #6

Flat 47m² in Spain, Madrid. Priced at 277000€ rent photo- #7

Flat 47m² in Spain, Madrid. Priced at 277000€ rent photo- #8

Flat 47m² in Spain, Madrid. Priced at 277000€ rent photo- #9

Area

47 м²

Bedrooms

Bathrooms

Apartment in Central and Northern Spain. City - Madrid

Beautiful apartment located near Castilla Square in Madrid and close to Chamartin station. This area is promising as the great Madrid Nuevo Norte project will start here. Very close to this property are 4 towers, and currently the Fifth Tower is being built, which will house the renowned IE business school, so significant rental demand growth is expected in this area. The apartment has 1 bedroom, 1 bathroom, living-dining room, and kitchen. It also has air conditioning, central heating, elevator, communal pool, and a rooftop solarium with a bar. Close to all kinds of services and excellent transportation connections. Rooftop terrace. Kitchen appliances. Air conditioning. Close to shops. Pool. Furnished. Furnished kitchen.

Additional details

Property type

Residential Properties

Object type

Flat

Price

322 298 $

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 (322 298 $) 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).