Flat 68 м² in Madrid, Spain

734 726 $

10 804 $ /м²

4OaU8

Flat 68m² in Spain, Madrid. Priced at 620000€ rent photo- #1

Flat 68m² in Spain, Madrid. Priced at 620000€ rent photo- #2

Flat 68m² in Spain, Madrid. Priced at 620000€ rent photo- #3

Flat 68m² in Spain, Madrid. Priced at 620000€ rent photo- #4

Flat 68m² in Spain, Madrid. Priced at 620000€ rent photo- #5

Flat 68m² in Spain, Madrid. Priced at 620000€ rent photo- #6

Flat 68m² in Spain, Madrid. Priced at 620000€ rent photo- #7

Flat 68m² in Spain, Madrid. Priced at 620000€ rent photo- #8

Flat 68m² in Spain, Madrid. Priced at 620000€ rent photo- #9

Area

68 м²

Bedrooms

Bathrooms

Apartment in Central and Northern Spain. City - Madrid

Excellent apartment for sale on Ortega y Gasset street, one of the best streets in Madrid, in the Salamanca district. This is a third floor with two bedrooms and two bathrooms. This house has been completely renovated and has excellent quality finishes. Upon entering the house, we enter the second room with a large built-in wardrobe and a window overlooking one of the courtyards. Next is the kitchen with built-in appliances: washing machine, dishwasher, and refrigerator with freezer. From there we can access the guest toilet. Passing through the kitchen, we enter the living room with two windows and a decorative fireplace. The room has built-in wardrobes, a mirror, and direct access to its own bathroom. There is also a window in both the bathroom and the main room. The entrance of this house is a classic house. The entrance is from Ortega y Gasset street through the doorman. The Salamanca district is one of the most prestigious districts in central Madrid, home to the famous "Golden Mile" of the capital. The Salamanca district is divided into six neighborhoods: Castellana, Recoletos, Goya, Lista, La Guindalera, and Fuente del Berro. This district stands out for its luxury shops, aristocratic facades, and mansions transformed into true luxurious apartments with a unique style. Here you can find boutiques of great designers. In addition, there are also several art galleries and auction houses located here. The Salamanca district is not only boutiques and luxury homes. Here there 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, the former sports palace, where basketball games and concerts by great artists are often held. Among its streets are also restaurants with several Michelin stars, such as Ramon Freixa, Zalacain, Kabuki Wellington, Viru or Punto MX. Kitchen appliances. Air conditioner. Furnished kitchen.

Additional details

Property type

Residential Properties

Object type

Flat

Price

734 726 $

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 (734 726 $) 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).