Flat 70 м² in Madrid, Spain

644 972 $

9 213 $ /м²

4Ob5o

Area

70 м²

Bedrooms

Apartment in Central and Northern Spain. City - Madrid

This stunning ground floor apartment is located in the Salamanca-Lista area, one of the best neighborhoods in Madrid. It has recently been renovated using high-quality materials and equipped with modern amenities. The apartment features two spacious bedrooms with king-size beds and large built-in wardrobes, as well as two bathrooms with heated towel rails, anti-fog mirrors, and high-quality tiles. The apartment boasts a modern, bright, and comfortable design, making it ready to move in. The kitchen is fully equipped with top-of-the-line appliances, including a glass ceramic hob, fridge, oven, and microwave. The apartment also has radiator heating and air conditioning in all rooms. The location is unbeatable, as it is situated in the heart of Madrid with convenient access to the metro and buses. The apartment is surrounded by schools such as the Institute of Business Administration, IE Business School, and EAE, as well as hospitals, shops, and green areas. This is the perfect place to live. Appliances. Air conditioning. Close to shops. Furnished. Renovated. Furnished kitchen.

Additional details

Property type

Residential Properties

Object type

Flat

Price

644 972 $

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 (644 972 $) 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).