Flat 99 м² in Madrid, Spain

1 032 296 $

10 427 $ /м²

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Flat 99m² in Spain, Madrid. Priced at 889000€ rent photo- #1

Flat 99m² in Spain, Madrid. Priced at 889000€ rent photo- #2

Flat 99m² in Spain, Madrid. Priced at 889000€ rent photo- #3

Flat 99m² in Spain, Madrid. Priced at 889000€ rent photo- #4

Flat 99m² in Spain, Madrid. Priced at 889000€ rent photo- #5

Flat 99m² in Spain, Madrid. Priced at 889000€ rent photo- #6

Flat 99m² in Spain, Madrid. Priced at 889000€ rent photo- #7

Flat 99m² in Spain, Madrid. Priced at 889000€ rent photo- #8

Flat 99m² in Spain, Madrid. Priced at 889000€ rent photo- #9

Flat 99m² in Spain, Madrid. Priced at 889000€ rent photo- #10

Area

99 м²

Bedrooms

Bathrooms

Apartment in Central and Northern Spain. City - Madrid

Completely renovated and well-equipped apartment located on the first floor in the heart of Madrid. This thoughtfully designed space features two bedrooms and two bathrooms, including a separate bathroom for convenience. The interior is a testament to exquisite taste, showcasing custom designer furniture, refined wood finishes, and abundant natural light expertly accentuated by energy-efficient LED lights. Elevate your living experience with practical amenities including the convenience of an elevator for seamless access. A separate storage room adds additional functionality to this exquisite home. Enjoy year-round comfort with gas central heating and air conditioning at your fingertips, providing a pleasant living environment. Property tax is 437 euros annually, utilities amount to 70 euros including common services and maintenance. Kitchen appliances. Storage room. Air conditioning. Furnished. Renovated. Furnished kitchen.

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 032 296 $

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 (1 032 296 $) 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).