Flat 45 м² in Madrid, Spain

417 307 $

9 273 $ /м²

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Flat 45m² in Spain, Madrid. Priced at 360000€ rent photo- #1

Flat 45m² in Spain, Madrid. Priced at 360000€ rent photo- #2

Flat 45m² in Spain, Madrid. Priced at 360000€ rent photo- #3

Flat 45m² in Spain, Madrid. Priced at 360000€ rent photo- #4

Flat 45m² in Spain, Madrid. Priced at 360000€ rent photo- #5

Flat 45m² in Spain, Madrid. Priced at 360000€ rent photo- #6

Flat 45m² in Spain, Madrid. Priced at 360000€ rent photo- #7

Flat 45m² in Spain, Madrid. Priced at 360000€ rent photo- #8

Flat 45m² in Spain, Madrid. Priced at 360000€ rent photo- #9

Flat 45m² in Spain, Madrid. Priced at 360000€ rent photo- #10

Area

45 м²

Bedrooms

Bathrooms

Apartment in Central and Northern Spain. City - Madrid

Ideal investment considering its location in one of the most exclusive neighborhoods with high demand in Madrid, and its proximity to the renowned Instituto de Empresa (IE Business School). The apartment, approximately 45 sqm, has been renovated and features 2 bedrooms (one double and one single), 1 bathroom, a living room, and a fully equipped kitchen. The apartment is sold with furniture and air conditioning. Close to shops. Furnished. Equipped kitchen.

Additional details

Property type

Residential Properties

Object type

Flat

Price

417 307 $

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 (417 307 $) 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).