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Flat 97 м² in Madrid, Spain

892 573 $

9 201 $ /м²

4OaUw
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Area

97 м2

Bedrooms

2

Bathrooms

2

Apartment in Central and Northern Spain. City - Madrid

Fantastically renovated house in the Chamberi area, just a few meters from the Glorieta de Bilbao square. The apartment has recently been renovated using the best materials. The apartment has 2 bedrooms and 2 bathrooms. The main room has a dressing room and a private bathroom with a shower and bathtub. Kitchen with full set of new appliances. Individual natural gas heating. The house has two balconies overlooking the street. The apartment has plenty of light and very good orientation. Air conditioning. Elevator. Kitchen appliances. Close to shops. Furnished. Renovated. Furnished kitchen. Dressing room.

Additional details

Property type

Residential Properties

Object type

Flat

Price

892 573 $

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 (892 573 $) 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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