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Flat 76 м² in Madrid, Spain

985 849 $

12 971 $ /м²

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Area

76 м2

Bedrooms

2

Bathrooms

2

Apartment in Central and Northern Spain. City - Madrid

Fully renovated house located on the sixth floor in the exclusive Salamanca district in Madrid. It has 2 bedrooms and 2 bathrooms, including one office. It is fully equipped and furnished with designer furniture, elegant wooden finishes, and warm LED lighting. This house has undergone a comprehensive reconstruction guaranteeing the perfect combination of modern aesthetics and functionality. It has air conditioning and an elevator. The Salamanca district is one of the most exclusive areas in central Madrid, home to the famous "Golden Mile." The Salamanca district is divided into six neighborhoods: Castellana, Recoletos, Goya, Lista, La Guindalera, and Fuente del Berro. This area stands out for its luxurious shops, aristocratic facades, and mansions transformed into luxurious apartments with authentic and unique styles. It is a marker of luxury fashion and high fashion, where you can find boutiques of top designers. Additionally, there are several art galleries and auction houses. The Salamanca district is more than just boutiques and luxury homes. It is art and culture. Among its streets, you will find the National Archaeological Museum and the Lázaro Galdiano Museum. The Salamanca district also includes the WiZink Center, formerly known as the Palacio de los Deportes, where basketball matches and concerts of great artists are usually held. The most cutting-edge cuisine can also be found along its streets. In the Salamanca district, you will find Michelin-starred restaurants such as Ramón Freixa, SAlkaïn, Kabuki Wellington, Viru, or Punto MX.

Additional details

Property type

Residential Properties

Object type

Flat

Price

985 849 $

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 (985 849 $) 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).

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