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Flat 102 м² in Madrid, Spain

ID 4Ob2F
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Area
102 m²
Bedrooms
2
Bathrooms
2

Description

Flat in Central and Northern Spain. City - Madrid

Fantastic property located in the newest residential complex in Soto de La Moraleja. Surrounded by numerous shops, restaurants and schools, it is located in a quiet and private urbanization equipped with 24-hour security. A large armored door of 102 m2 leads us into the home, where a spacious entrance hall welcomes us. On the left is the day area - a large room that combines the living room, dining room and open kitchen, with large windows facing southwest and providing all possible natural light. From the 14 m2 terrace there are views of the garden areas. On the right, through a corridor, is the bathroom with a shower tray. At the end of the corridor we reach a room with an en-suite bathroom, built-in wardrobes in the dressing room and a large study. Originally it was divided into two rooms, which gave the space larger dimensions. If necessary, the original layout can be restored with a simple reconfiguration. The bathroom has a large mirror with an anti-fog coating, as well as a hydromassage bathtub and a shower rod. Floors are marble throughout the home and porcelain tile in the kitchen. Individual floor heating (natural gas) in all rooms, as well as hot-cold air conditioning via ducts in the living room, bedroom and study. Saunier Duval boiler. Double-glazed windows providing good thermal and sound insulation. Blinds on all windows. Kitchen fully equipped. Video intercom. Alarm system installed. The home includes a large garage (2.5 x 6 m), which can fit a large car and a motorcycle, as well as a 4 m2 storage room. The urbanization has large green areas, swimming pools (adult and children's) and a floodlit tennis court. Very convenient transport connections, in the very center of Soto de La Moraleja, just 20 meters from the supermarket, banks, hairdresser, veterinary center and many other services. A unique opportunity, including thanks to its appeal on the rental market. Which makes this home a very good investment product with high yield. The La Moraleja area, consisting of La Moraleja, El Soto de la Moraleja and El Encinar de los Reyes, is an elite residential area of Madrid and the most famous in Spain. Located in the north of Madrid (12 km from the center), it is well known both for its vegetation and for the historical concentration of celebrities. It has a fantastic location: it is a 10-minute drive from the city center and a 5-minute drive from the airport, has excellent transport connections, metro and buses. According to some authoritative publications, it is the best urbanization in the world, given its qualities. In addition, according to the latest report of the Spanish Tax Agency, La Moraleja is the area with the highest disposable income in Spain - 113,642 euros, which is almost twice as much as in the Valvidrera-Tibidabo-i-Les Planes (Barcelona) areas - 65,700 euros, Somosaguas-Húmera (Pozuelo de Alarcón, Madrid) - 62,390 euros, followed by the Salamanca-Goya area (Madrid) - 61,562 euros. This area is also one of the safest and quietest in Madrid thanks to 24-hour surveillance.

Characteristics

Property type
Residential Properties
Object type
Flat
Price
831 075 $

FAQ

How can I get a residence permit by buying property in Spain?

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.

Is a mortgage available for non-residents in Spain?

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.

What taxes and fees apply when buying in Spain?

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.

How is the title checked in Spain?

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.

Can I rent out property after purchase in Spain?

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.

Is a property inspection recommended before purchase?

Yes. An inspection costs about 0.5–1% of the price (831 075 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

How long does the purchase process take in Spain?

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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Flat with 2 bedrooms in Madrid, Spain