Flat 74 м² in Madrid, Spain

946 849 $

12 795 $ /м²

4OaVG

Area

74 м²

Bedrooms

Bathrooms

Apartment in Central and Northern Spain. City - Madrid

Renovated apartment with an area of 74 sq. m, located on the fourth floor. It has 2 bedrooms and 2 bathrooms, one of which is en-suite. It is fully furnished with designer furniture, finished with wood, has air conditioning, and excellent LED lighting. The building has an elevator. Situated in the heart of Madrid, in the Universidad district, where the streets and buildings are full of history. This central neighborhood combines tradition and modernity. It is a lively area with dynamic commercial activity, offering endless shopping opportunities. The gastronomic scene is diverse and offers classic taverns with refreshing beer and tapas, such as Circo de las Tapas, Clarita, La Pescadería, Bar Galleta, Navajas, and the gastronomic market San Ildefonso. Another option is to enjoy a peaceful afternoon in one of the cozy cafes in Malasaña, with their special atmosphere and relaxed environment, perfect for a cup of coffee or tea, pleasant conversations, or reading a good book. Kitchen appliances. Air conditioning. Close to shops. Furnished. Renovated. Furnished kitchen.

Additional details

Property type

Residential Properties

Object type

Flat

Price

946 849 $

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 (946 849 $) 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).