Flat 110 м² in Madrid, Spain

980 693 $

8 915 $ /м²

4Ob45

Area

110 м²

Bedrooms

Bathrooms

Apartment in Central and Northern Spain. City - Madrid

Located on the third floor, this fully renovated property features three bedrooms and three bathrooms, two of which have en-suite baths. The apartment is fully furnished with custom designer furniture, featuring distinctive wooden finishes and enhanced by excellent lighting with LED lamps. In addition to air conditioning and heating, there is a balcony, and this home offers a great location in the vibrant heart of Madrid. Kitchen appliances. Air conditioning. Near shops. Furnished. Renovated. Furnished kitchen.

Additional details

Property type

Residential Properties

Object type

Flat

Price

980 693 $

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 (980 693 $) 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).