Flat 128 м² in Madrid, Spain

584 441 $

4 565 $ /м²

4OaT7

Flat 128m² in Spain, Madrid. Priced at 500000€ rent photo- #1

Flat 128m² in Spain, Madrid. Priced at 500000€ rent photo- #2

Flat 128m² in Spain, Madrid. Priced at 500000€ rent photo- #3

Flat 128m² in Spain, Madrid. Priced at 500000€ rent photo- #4

Flat 128m² in Spain, Madrid. Priced at 500000€ rent photo- #5

Flat 128m² in Spain, Madrid. Priced at 500000€ rent photo- #6

Flat 128m² in Spain, Madrid. Priced at 500000€ rent photo- #7

Flat 128m² in Spain, Madrid. Priced at 500000€ rent photo- #8

Flat 128m² in Spain, Madrid. Priced at 500000€ rent photo- #9

Flat 128m² in Spain, Madrid. Priced at 500000€ rent photo- #10

Area

128 м²

Bedrooms

Bathrooms

Apartment in Central and Northern Spain. City - Madrid

Beautiful apartment located in a gated residential complex in Sanchinarro. The house has 3 bedrooms, 2 bathrooms, living room, kitchen, 2 parking spaces, and a storage room. The urbanization has a beautiful garden with a swimming pool, playground, children's area, meeting and event room, as well as a 24-hour concierge. Sanchinarro is a residential area located in the Hortaleza district of Madrid. Its construction began in the early 2000s. It borders Las Tablas to the west, Valdebebas to the east, Manoteras and Virgen del Cortijo to the south, and the residential complex El Encinar de los Reyes, already belonging to Alcobendas. The area has leading stores such as El Corte Ingles, two private hospitals, Sanitas Hospital - La Moraleja and Madrid-Norte Hospital - Sanchinarro, as well as close access to schools, parks, and entertainment and restaurant areas. It is very well connected by buses, metro, and trains. Storage room. Air conditioning. Garden. Garage/parking. Pool. Furnished kitchen.

Additional details

Property type

Residential Properties

Object type

Flat

Price

584 441 $

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 (584 441 $) 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).