Flat 83 м² in Madrid, Spain

1 027 448 $

12 378 $ /м²

4Ob48

Area

83 м²

Bedrooms

Bathrooms

Apartment in Central and Northern Spain. City - Madrid

Completely renovated house located in the prestigious Salamanca district in Madrid. The house is on the sixth floor and has 2 bedrooms and 2 bathrooms, one of which is ensuite. The interior of the house is carefully decorated with designer furniture showcasing exquisite wood finishes, and enveloped in ambient lighting thanks to energy-efficient LEDs. For your convenience, there is an elevator in the building. The house also has air conditioning. Additionally, a concierge service is available. The Salamanca district is one of the most prestigious neighborhoods in central Madrid, home to the famous "Golden Mile" of the capital. The Salamanca district is divided into six areas: Castellana, Recoletos, Goya, Lista, La Guindalera, and Fuente del Berro. This area stands out for its luxury shops, aristocratic facades, and mansions transformed into luxurious apartments with authentic and unique style. It is a benchmark of luxury fashion and haute couture, where you can find boutiques of renowned designers. Additionally, there are several art galleries and auction houses in the area. The Salamanca district is not just about boutiques and luxury homes. It is also about art and culture. Among its streets, you will find the National Archaeological Museum and the Lazaro Galdiano Museum. Furthermore, the Salamanca district is also home to the WiZink Center, the former Palace of Sports, where basketball games and concerts by great artists are often held. The area is known for its advanced cuisine. In the Salamanca district, you will find Michelin-starred restaurants such as Ramon Freixa, Zalacain, Kabuki Wellington, Viru or Punto MX. Appliances. Air conditioning. Close to shops. Furnished. Renovated. Furnished kitchen.

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 027 448 $

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 (1 027 448 $) 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).