Flat 88 м² in Madrid, Spain

1 050 826 $

11 941 $ /м²

4Ob4p

Area

88 м²

Bedrooms

Bathrooms

Apartment in Central and Northern Spain. City - Madrid

Completely renovated housing awaits you on the second floor of a building in the beautiful Sol neighborhood in Madrid. It offers 2 bedrooms and 2 bathrooms, including a bathroom in the master bedroom, this housing is a harmonious blend of modern elegance. Attention to detail includes designer furniture, wood finishes, and atmospheric LED lighting, providing style and comfort. Additional features include an elevator, heating, electric boiler, air conditioning, and a charming balcony. Discover this meticulously restored dwelling that combines modern living with exquisite design in the heart of the vibrant Sol neighborhood in Madrid. Kitchen appliances. Air conditioning. Close to shops. Furnished. Renovated. Equipped kitchen.

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 050 826 $

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 (1 050 826 $) 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).