Flat 121 м² in Madrid, Spain

923 417 $

7 631 $ /м²

4Ob2H

Flat 121m² in Spain, Madrid. Priced at 790000€ rent photo- #1

Flat 121m² in Spain, Madrid. Priced at 790000€ rent photo- #2

Flat 121m² in Spain, Madrid. Priced at 790000€ rent photo- #3

Flat 121m² in Spain, Madrid. Priced at 790000€ rent photo- #4

Flat 121m² in Spain, Madrid. Priced at 790000€ rent photo- #5

Flat 121m² in Spain, Madrid. Priced at 790000€ rent photo- #6

Flat 121m² in Spain, Madrid. Priced at 790000€ rent photo- #7

Flat 121m² in Spain, Madrid. Priced at 790000€ rent photo- #8

Flat 121m² in Spain, Madrid. Priced at 790000€ rent photo- #9

Flat 121m² in Spain, Madrid. Priced at 790000€ rent photo- #10

Area

121 м²

Bedrooms

Bathrooms

Apartment in Central and Northern Spain. City - Madrid

Beautiful south facing house in one of the best urbanizations of Encinar de los Reyes (La Moraleja). Over 10,000 square meters of green space with 2 swimming pools, tennis and paddle courts, jogging track, playground and large plots with wooded areas. Stunning views of the Madrid cityscape. The distribution is as follows: - Large entrance hall connecting to the kitchen, living room and bedroom area. - Rectangular living room with access to a 20-meter terrace overlooking green areas. - Fully furnished kitchen with Xey furniture and TBP (heat resistant and antibacterial) worktops and equipped with AEG, Miele and Bosch appliances, class A+++. New boiler by Saunier Duval - Laundry room and clothesline connected to the kitchen - 2 large bedrooms, master with en-suite bathroom. - 2 full bathrooms. Complete remodeling several years ago. Kitchen remodeled in 2022. Doors and baseboards are white. Oak hardwood flooring and smooth walls. Porcelain pottery. Armored door. Climalit double glazed window. Motorized blinds. Individual heating with natural gas. Air conditioning. Large garage space (for car and motorcycle) and storage room included in the price. 24 hour concierge and security service. The neighborhood of La Moraleja, consisting of La Moraleja, El Soto de la Moraleja and El Encinar de los Reyes, is a luxurious residential area of Madrid and the most famous in Spain, located in the north of Madrid (12 km from the center), known for its vegetation and historical and cultural heritage.

Additional details

Property type

Residential Properties

Object type

Flat

Price

923 417 $

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 (923 417 $) 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).