Flat 74 м² in Madrid, Spain

745 392 $

10 072 $ /м²

4OaV7

Area

74 м²

Bedrooms

Bathrooms

Apartment in Central and Northern Spain. City - Madrid

The renovated property with an area of 74 square meters is located on the fourth floor. This house has 2 bedrooms and 2 bathrooms, one of which is en suite. Fully furnished with custom designed furniture, wooden finishes, air conditioning, and excellent LED lighting. Located in the heart of Madrid in the Malasaña district, the streets and buildings of which are full of history. It is a central district that combines tradition and modernity. It is a lively area with dynamic commercial activity, offering endless shopping opportunities. The gastronomic scene is diverse, offering classic taverns with refreshing beer and snacks, such as "Circo de las Tapas," "Clarita," "La Pescadería," "Bar Galleta," "Navajas," and the San Ildefonso gourmet market. Another option is to enjoy a peaceful afternoon in one of the cozy cafes in Malasaña with unique decor and a relaxed atmosphere, perfect for coffee, tea, pleasant conversations, or a good book. Kitchen appliances. Air conditioning. Near shops. Furnished. Renovated. Furnished kitchen.

Additional details

Property type

Residential Properties

Object type

Flat

Price

745 392 $

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 (745 392 $) 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).