Flat 97 м² in Madrid, Spain

1 033 457 $

10 654 $ /м²

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Flat 97m² in Spain, Madrid. Priced at 890000€ rent photo- #1

Flat 97m² in Spain, Madrid. Priced at 890000€ rent photo- #2

Flat 97m² in Spain, Madrid. Priced at 890000€ rent photo- #3

Flat 97m² in Spain, Madrid. Priced at 890000€ rent photo- #4

Flat 97m² in Spain, Madrid. Priced at 890000€ rent photo- #5

Flat 97m² in Spain, Madrid. Priced at 890000€ rent photo- #6

Flat 97m² in Spain, Madrid. Priced at 890000€ rent photo- #7

Flat 97m² in Spain, Madrid. Priced at 890000€ rent photo- #8

Flat 97m² in Spain, Madrid. Priced at 890000€ rent photo- #9

Flat 97m² in Spain, Madrid. Priced at 890000€ rent photo- #10

Area

97 м²

Bedrooms

Bathrooms

Apartment in Central and Northern Spain. City - Madrid

This fully renovated property, located on the third floor in the Justicia district of Madrid, offers a combination of modern elegance and practicality. With 3 bedrooms and 3 bathrooms, including two en-suite, the house is fully equipped and furnished. Decorated with custom designer furniture, stylish wood finishes, and illuminated by excellent LED lighting, it promises a modern living experience. Enjoy the comfort of air conditioning in a built area of 97 sq.m. Monthly common service charges, set at 85.56 euros, contribute to the hassle-free maintenance of common amenities. The annual property tax amounts to 656 euros. Kitchen appliances. Air conditioning. Close to shops. Furnished. Renovated. Furnished kitchen.

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 033 457 $

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 (1 033 457 $) 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).