Flat 75 м² in Madrid, Spain

666 263 $

8 883 $ /м²

4OaSE

Area

75 м²

Bedrooms

Bathrooms

Apartment in Central and Northern Spain. City - Madrid

Amazing luxurious house, ready to move in, located in the upscale Salamanca neighborhood (Madrid). This renovated apartment is 75 sq.m. with 2 bedrooms, 2 bathrooms, a living room with a mini-kitchen. Handmade items, high-quality kitchen, and lighting in various areas are included. Ideal for living or investment, fully furnished with high-quality flooring. Built-in closets. Elevator in the building. Air conditioning. Furnished kitchen.

Additional details

Property type

Residential Properties

Object type

Flat

Price

666 263 $

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 (666 263 $) 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).