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Flat 78 м² in Madrid, Spain

600 864 $

7 703 $ /м²

4Ob5p
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Area

78 м2

Bedrooms

2

Bathrooms

1

Apartment in Central and Northern Spain. City - Madrid

This is a great apartment in the Huertas-Cortes area, ready to move in. It has 2 bedrooms, 1 bathroom, and a living-dining room with an open-plan kitchen. It is located on the 4th floor of a classic building with an elevator and access for people with limited mobility. The apartment is bright and spacious, with large windows and a floor area of 93 square meters. It has been fully renovated using high-quality materials. All rooms have air conditioning and central heating with natural gas. The apartment is located in the Barrio de Las Letras district, one of the most desirable areas in Madrid. You can walk to Santa Ana Square or Anton Martin Square, where there are supermarkets, shops, and a wide choice of restaurants. The area is well connected by public transport, with metro stations SEVILLA (line 2) and ANTON-MARTIN (line 1), as well as many bus routes connecting to the rest of the city. This is a unique opportunity to live or invest in an apartment in a prestigious location. Air conditioning in the apartment. Close to shops. Furnished kitchen.

Additional details

Property type

Residential Properties

Object type

Flat

Price

600 864 $

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 (600 864 $) 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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