Flat 116 м² in Madrid, Spain

1 024 770 $

8 834 $ /м²

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Flat 116m² in Spain, Madrid. Priced at 899000€ rent photo- #1

Flat 116m² in Spain, Madrid. Priced at 899000€ rent photo- #2

Flat 116m² in Spain, Madrid. Priced at 899000€ rent photo- #3

Flat 116m² in Spain, Madrid. Priced at 899000€ rent photo- #4

Flat 116m² in Spain, Madrid. Priced at 899000€ rent photo- #5

Flat 116m² in Spain, Madrid. Priced at 899000€ rent photo- #6

Flat 116m² in Spain, Madrid. Priced at 899000€ rent photo- #7

Flat 116m² in Spain, Madrid. Priced at 899000€ rent photo- #8

Flat 116m² in Spain, Madrid. Priced at 899000€ rent photo- #9

Flat 116m² in Spain, Madrid. Priced at 899000€ rent photo- #10

Area

116 м²

Bedrooms

Bathrooms

Apartment in Central and Northern Spain. City - Madrid

This meticulously restored property, located on the second floor in the heart of Madrid, showcases a harmonious blend of modern luxury style and timeless elegance. With a generous 116 square meters, this property offers sophisticated living with three bedrooms and three bathrooms, two of which are en-suite. Every detail of this home is carefully chosen to provide an exquisite and comfortable lifestyle. The interior spaces are adorned with custom furniture from designers, harmoniously complementing the exquisite wood finishes, enhancing the overall aesthetic. The lighting in the home is provided by a series of strategically placed LED lamps, creating an atmosphere of warmth and sophistication. The property comes fully furnished, providing a move-in ready space for its happy inhabitants. Each bedroom is a sanctuary of comfort and style, while the bathrooms showcase modern fittings and meticulous attention to detail. For year-round comfort, the property is equipped with both air conditioning and heating with conditioning systems. This thoughtful feature allows residents to regulate the climate in their home according to their preferences, regardless of the season. Kitchen appliances. Air conditioning. Furnished. Renovated. Furnished kitchen.

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 024 770 $

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 (1 024 770 $) 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).