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Flat 59 м² in Madrid, Spain

735 965 $

12 473 $ /м²

4OaVA
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Area

59 м2

Bedrooms

2

Bathrooms

2

Apartment in Central and Northern Spain. City - Madrid

The fully renovated apartment is located in the exclusive Salamanca district in Madrid. The property is on the first floor and has 2 bedrooms and 2 bathrooms, one of which is en-suite. The interior is carefully decorated with custom-designed furniture, showcasing exquisite wood finishes and surrounded by ambient lighting thanks to energy-saving LED lamps. For your convenience, there is an elevator in the building. The property is also equipped with air conditioning. The Salamanca district is one of the most prestigious areas 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 area stands out for its luxurious shops, aristocratic facades, and mansions transformed into genuine luxury apartments with authentic and unique style. It is a landmark of luxury and high fashion, where you can find boutiques of great designers. Additionally, there are several art galleries and auction houses located here as well. The Salamanca district is not just about boutiques and luxury homes. It is also about art and culture. Its streets are home to the National Archaeological Museum and the Lazaro Galdiano Museum. Furthermore, the Salamanca district also includes the Wizink Center, a former sports palace where basketball games and concerts by great artists are often held. Among its streets, you will also find the most avant-garde cuisine. In the Salamanca district, you will find restaurants with multiple Michelin stars, such as Ramon Freixa, Zalacaín, Kabuki Wellington, Viridiana, and Punto MX. Kitchen appliances, air conditioning, proximity to shops, furnished, renovated, furnished kitchen.

Additional details

Property type

Residential Properties

Object type

Flat

Price

735 965 $

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 (735 965 $) 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).

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