Main Countries Buy Rent

Flat 74 м² in Madrid, Spain

847 305 $

11 450 $ /м²

4OaU9
Share:

Area

74 м2

Bedrooms

2

Bathrooms

2

Apartment in Central and Northern Spain. City - Madrid

Located on the second floor of a good building, we find this newly renovated house, with a completely updated exterior and beautiful views. It has 2 bedrooms and 2 bathrooms (main bedroom with en-suite bathroom) and a large living room. Sold with furniture. The Salamanca district is one of the most exclusive neighborhoods in the center of Madrid, home to the famous "Golden Mile" of the capital. The Salamanca district is divided into six areas: Castellana, Recoletos, Goya, Lista, Guindalera, and Fuente del Berro. This area stands out for its luxury shops, aristocratic facades, and palaces converted into luxurious apartments with original and unique styles. It is the epitome of fashion luxury and haute couture, where you can find boutiques of top designers. Additionally, there are several art galleries and auction houses here. The Salamanca district is not only boutiques and luxury homes. It is art and culture. Among its streets, you will find the National Archaeological Museum and the Lazaro Galdiano Museum. Additionally, in the Salamanca area, you will find the Visinque Center, formerly the Palacio de los Deportes, where basketball games and concerts by great artists are often held. The area is also known for its avant-garde cuisine. In Salamanca, you will find Michelin-starred restaurants such as Ramon Freixa, Zalacain, Kabuki Wellington, Viru or Punto Mi. Air conditioning. Furnished. Furnished kitchen.

Additional details

Property type

Residential Properties

Object type

Flat

Price

847 305 $

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 (847 305 $) 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).

Related sections