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Flat 103 м² in Madrid, Spain

641 700 $

6 230 $ /м²

4Ob0U
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Area

103 м2

Bedrooms

2

Bathrooms

2

Apartment in Central and Northern Spain. City - Madrid

Luxurious apartment located in the heart of the Salamanca district - one of the most exclusive areas of Madrid. Its location is ideal as it is just a few meters from two main city highways - Alcala and Conde de Peñalver, very close to Avenida de América and perfectly connected to M-30, one of the main entry points to the capital, with easy access to Gregorio Marañon university hospital and La Princesa hospital.

HOUSE:
When we open the door, we enter a small hall that leads us to the kitchen and living room with various formats of direct and indirect lighting. Crossing the hallway between the two rooms, on the right we find the master bedroom with large windows that illuminate the entire room, as well as its own bathroom and walk-in closet with full sliding doors.

To the left, we find another double bedroom with large windows and its own bathroom, as well as a large built-in wardrobe with full sliding doors. Back in the common area, to the left we find a spacious and bright living room with a large window, and to the right, a kitchen with an island for 4 people. Crossing the kitchen, we discover a laundry room and a guest toilet.

The property includes an additional 8 m2 storage room in the basement. All rooms in the house have air conditioning. The house features new high-quality wooden floors, smooth walls, new windows, air conditioning in all rooms, gas heating with radiators, a fully equipped kitchen with high-quality Teka appliances. The price includes the storage room. Price: 550,000 euros. Kitchen appliances. Storage room. Air conditioning. Close to shops. Furnished. Renovated. Furnished kitchen.

Additional details

Property type

Residential Properties

Object type

Flat

Price

641 700 $

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 (641 700 $) 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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