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Flat 50 м² in Madrid, Spain

440 490 $

8 809 $ /м²

4OaPy
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Area

50 м2

Bedrooms

1

Bathrooms

1

Apartment in Central and Northern Spain. City - Madrid

The perfect investment opportunity due to its location in one of the most prestigious areas of Madrid, high in demand, and very close to the renowned Instituto de Empresa (IE Business School). Renovated apartment of around 50 m2, including 1 bedroom, 1 bathroom, living room, and fully equipped kitchen. The apartment is equipped with individual heating and air conditioning. Close to shops. Furniture. Equipped kitchen.

Additional details

Property type

Residential Properties

Object type

Flat

Price

440 490 $

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 (440 490 $) 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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