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Flat 130 м² in Madrid, Spain

636 393 $

4 895 $ /м²

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Area

130 м2

Bedrooms

3

Bathrooms

2

Apartment in Central and Northern Spain. City - Madrid

The apartment is located in the El Retiro area just 5 minutes from the famous park in Madrid. The apartment consists of 130 square meters with three bedrooms, two bathrooms, a living room, and a kitchen. It comes fully furnished with designer furniture, wooden floors, Climalit windows with thermal break, white lacquered doors, air conditioning, bright kitchen furnished with high and low cabinets, ceramic hob, extractor hood, oven, refrigerator, washing machine, and dishwasher. Kitchen appliances. Air conditioning. Furnished. Furnished kitchen.

Additional details

Property type

Residential Properties

Object type

Flat

Price

636 393 $

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 (636 393 $) 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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