Flat 120 м² in Madrid, Spain

760 233 $

6 335 $ /м²

4OaSD

Area

120 м²

Bedrooms

Bathrooms

Apartment in Central and Northern Spain. City - Madrid

The good and bright apartment is located in the prestigious La Moraleja area, in an urbanization with two swimming pools, a squash court, children's areas, relaxation areas, and a concierge. This 120 square meter house is on the second floor, with two bedrooms, two bathrooms, a separate living room, and kitchen. The living room and one of the bedrooms have access to a 25 square meter terrace with southeast orientation, which receives plenty of natural light. The apartment has heating from individual gas and pre-installation of air conditioning. It includes 1 parking space in the garage and a storage room. La Moraleja area, consisting of La Moraleja, El Soto de la Moraleja and El Encinar de los Reyes, is a luxurious residential area in Madrid and one of the most well-known in Spain. It is located in the north of Madrid (12 km from the center) and is known for its greenery and historical concentration of celebrities. It has an excellent location, just 10 minutes from the city center and 5 minutes from the airport, with excellent connections by car, metro, and bus. According to some prestigious publications, it is the best urbanization in the world, considering its qualities. Additionally, according to the latest report from the Spanish Tax Agency, La Moraleja is the area with the highest disposable income in Spain - 113,642 euros, almost twice as much as the second on the list Valvidrera-Tibidabo and Les Planes (Barcelona) with 65,700 euros and Somosaguas-Urma (Pozuelo de Alarcon, Madrid) with 62,390 euros, followed by the Salamanca-Goya area (Madrid) with 61,562 euros. This area is also one of the safest and most peaceful in Madrid thanks to the surveillance service provided round the clock. Storage room. Pre-installation of air conditioning. Garage/parking space. Swimming pool. Communal garden. Children's playground.

Additional details

Property type

Residential Properties

Object type

Flat

Price

760 233 $

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 (760 233 $) 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).