Flat 146 м² in Madrid, Spain

1 046 150 $

7 165 $ /м²

4OaUz

Area

146 м²

Bedrooms

Bathrooms

Apartment in Central and Northern Spain. City - Madrid

Luxurious high-quality renovated house located in a modern building in an excellent area in Chambery. Materials, finishes, textures, and colors carefully selected to create an elegant and distinctive home, paying great attention to the interior design of the kitchen, bathrooms, closets, and built-in wardrobes. The 146 sqm house features high ceilings, floor-to-ceiling doors, giving it a special character and visually expanding the space. Layout: Large foyer with cloakroom and access to the reception area, consisting of a large living room with three magnificent external windows that can create two well-distinguished spaces: a living room and a dining room. Large, charming, modern and avant-garde kitchen, separately located with a central island, furnished and equipped with high-end built-in appliances. Additional toilet. The relaxation area is completely separated from the reception area and consists of 3 bedrooms, the main one with its own bathroom and large walk-in closet. Two secondary bedrooms with built-in wardrobes share a renovated bathroom with an elegant design. Air conditioning ducts. The building has central heating and a concierge. Kitchen appliances. Air conditioner. Air conditioner pre-installation. Close to shops. Furnished kitchen.

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 046 150 $

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 (1 046 150 $) 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).