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Flat 69 м² in Madrid, Spain

644 725 $

9 343 $ /м²

4OaU7
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Area

69 м2

Bedrooms

2

Bathrooms

2

Apartment in Central and Northern Spain. City - Madrid

Newly renovated house located in a classic building on Juan Bravo Street, right in the heart of the Salamanca district. It has the appearance with two balconies overlooking a beautiful boulevard adorned with large groves of trees. We enter the house through a small hall, with a full bathroom and one of the rooms with its own bathroom. At the other end of the house is the kitchen, open to a fully outdoor living-dining room, and a second bedroom with a dressing room, also with completely outdoor views. The house has air conditioning and plastic windows. The floor is wooden in a oak color, and the walls are white. The tones used are quite neutral, giving it a very calm and peaceful look. The main bedroom has an iron column that gives it a bit of industrial charm. The bathrooms have high quality materials and a very modern design. The area is full of shops, restaurants, schools, hospitals, and churches, and has very good transport links, just a few meters from the metro station. The Salamanca district is one of the most exclusive areas in central Madrid, home to the famous "Golden Mile" of the capital. The Salamanca district is divided into six blocks: Castellana, Recoletos, Goya, Lista, La Guindalera and Fuente del Berro. This area stands out for its luxurious shops, aristocratic facades, and mansions converted into truly luxurious apartments with authentic and unique style. It is the epitome of luxury fashion and high society, where you can find boutiques of great designers. Additionally, there are several art galleries and auction houses here as well. The Salamanca district is much more than boutiques and luxury homes. It is art and culture. Among its streets, you will find the National Archaeological Museum and the Lazaro Galdiano Museum. In addition, the Salamanca district also includes the Wizink Center, formerly the Palacio de los Deportes, where basketball games and concerts by great artists are often held. Among its streets, the most avant-garde cuisine stands out. In the Salamanca area, you will find Michelin-starred restaurants such as Ramon Freixa, Zalacain, Kabuki Wellington, Viru or Punto MX. Air conditioning. Close to shops. Equipped kitchen.

Additional details

Property type

Residential Properties

Object type

Flat

Price

644 725 $

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 (644 725 $) 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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