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Flat 84 м² in Madrid, Spain

608 572 $

7 244 $ /м²

4OaQ1
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Area

84 м2

Bedrooms

2

Bathrooms

1

Apartment in Central and Northern Spain. City - Madrid

The renovated apartment with an area of 84 sq.m. is located in Chamartin. It now has 2 bedrooms (previously 3), 1 bathroom, but with the possibility of installing a separate toilet. The kitchen is combined with the living room. Clear view, which will be preserved in the future. The building was built in the 60s, has physical and video doormen, an elevator and is in excellent condition. The Chamartin area is one of the most luxurious residential areas in Madrid and preferred by businessmen, diplomats, and high-income executives due to its exclusivity and tranquility. It is a very quiet area, well maintained, surrounded by greenery, and with excellent communication possibilities with the rest of the city. In Chamartin, there is a wide range of services from department stores, shops, pharmacies, schools, churches, gyms, hotels, sports facilities, to the best bars and restaurants in Madrid. Chamartin is also home to several important embassies and government institutions, leading to offices, professional practices, and prestigious clinics on its main streets. The public transport system provides maximum comfort for residents of this area. Other attractions include the National Music Auditorium, the Santiago Bernabeu football stadium, several museums, and Berlin Park, which is just a few meters away. Kitchen appliances are included. Air conditioning. Furnished. Equipped kitchen.

Additional details

Property type

Residential Properties

Object type

Flat

Price

608 572 $

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 (608 572 $) 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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