Apartment in Central and Northern Spain. City - Madrid
Renovated apartment of 85 square meters with luxurious finishes, in one of the most representative streets of the Salamanca district. The apartment consists of a cozy living-dining room with two windows overlooking the street, an integrated kitchen-living room in American style, fully furnished and equipped with high quality appliances. The sleeping area has 2 bedrooms, both with double beds, and the master bedroom has an en-suite bathroom. The apartment has central heating and air conditioning via ductwork. The Salamanca neighborhood is one of the most prestigious areas in the center of Madrid, and is home to the famous Golden Mile. The Salamanca neighborhood is divided into six districts: Castellana, Recoletos, Goya, Lista, La Guindalera and Fuente del Berro. This neighborhood is famous for its luxury stores, aristocratic facades and buildings turned into real luxury apartments with a unique style. It is the benchmark of luxury fashion and haute couture, where you can find boutiques of great designers. In addition, there are also several galleries and auction houses. The Salamanca neighborhood is not just about boutiques and luxury homes. There is art and culture here. Its streets are home to the National Archaeological Museum and the Lazaro Galdiano Museum. In addition, the Salamanca district also includes the Wizink Center, formerly the Palacio de los Deportes, which often hosts basketball games and concerts of great artists. Among its streets also stands out the most advanced culinary. In the Salamanca neighborhood you
Characteristics
Property type
Residential Properties
Object type
Flat
Price
842 156 $
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 (842 156 $) 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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