Flat 93 м² in Madrid, Spain

877 998 $

9 440 $ /м²

4Ob4z

Area

93 м²

Bedrooms

Bathrooms

Apartment in Central and Northern Spain. City - Madrid

Recently renovated, this 93 sqm property is located in a privileged location. It has 2 bedrooms, one of which has its own bathroom, and a kitchen with high-end appliances. It is offered fully furnished with custom wood furniture, complemented by air conditioning and LED lighting. The Sol district is the most central of Madrid's neighborhoods, the starting point for all peninsular and urban distances. Its name comes from its central square, Puerta del Sol, where the Zero Kilometer Tile is located. In this area, some call Sol-Gran-Via, we find many of the city's main attractions. Some of them are right in Puerta del Sol, others are nearby. Its commercial areas are among the busiest, sometimes even crowded. Kitchen appliances. Air conditioner. Close to shops. Furnished. Renovated. Furnished kitchen.

Additional details

Property type

Residential Properties

Object type

Flat

Price

877 998 $

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 (877 998 $) 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).