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Flat 71 м² in Madrid, Spain

876 662 $

12 347 $ /м²

4Ob2K
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Area

71 м2

Bedrooms

2

Bathrooms

3

Apartment in Central and Northern Spain. City - Madrid

Brand new house with high quality finishes located in the heart of the Salamanca neighborhood. We would like to mention its luminosity, which remains natural all day long thanks to the presence of 3 windows in the main area, living room and kitchen. We should also mention the high ceilings, automatic windows in all rooms, tilt and turn, with thermal and acoustic insulation, as well as the many spacious closets in the rooms. Large spacious living room with sitting and dining area. Fully equipped kitchen with high-end appliances, fully tiled and with plenty of storage. Two spacious double bedrooms with very large fitted closets and adjoining bathrooms, as well as a guest toilet. There is also space for a washer and dryer. The air conditioning system with new equipment and central heating is piped throughout the house. There is a physical concierge available during the day. The Salamanca district is one of the most prestigious neighborhoods in the center of Madrid and is home to the capital's famous Golden Mile. The Salamanca district is divided into six neighborhoods: Castellana, Recoletos, Goya, Lista, La Guindalera and Fuente del Berro. This neighborhood stands out for its luxury stores, aristocratic facades and mansions transformed into real luxury apartments with a unique style. Here you can find boutiques of great designers, as well as several art galleries and auction houses. The Salamanca neighborhood is not only about boutiques and luxury homes. Э

Additional details

Property type

Residential Properties

Object type

Flat

Price

876 662 $

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 (876 662 $) 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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