Flat 100 м² in Madrid, Spain

687 242 $

6 872 $ /м²

4OaTB

Area

100 м²

Bedrooms

Bathrooms

Apartment in Central and Northern Spain. City - Madrid

Nice apartment in Sanchinarro, 100 m², on the third floor with large windows that give the house beautiful light. The house has a hallway, kitchen with built-in appliances, living room, dining room, 3 bedrooms and 2 bathrooms (main bathroom with toilet), heat pump and individual gas heating. The orientation of the apartment is east, double glazed windows, storage room and garage. This is a magnificent residential complex with a concierge, 24-hour security, paddle tennis court, solarium, gym, garden areas, elevator. Very convenient location near the CEU San Pablo school, good transport connection with bus line 173. Privileged location just steps from the English court, public and private schools and all services in the area. Roof terrace. Built-in appliances. Paddle tennis court. Storage room. Air conditioning. Close to shops. Garage/Parking. Swimming pool. Public garden. Gym. Furnished kitchen.

Additional details

Property type

Residential Properties

Object type

Flat

Price

687 242 $

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 (687 242 $) 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).