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Flat 120 м² in Madrid, Spain

1 125 791 $

9 381 $ /м²

4OaUc
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Area

120 м2

Bedrooms

3

Bathrooms

3

Apartment in Central and Northern Spain. City - Madrid

Recently renovated apartment on the first floor, ideally located on the outer side of Paseo de la Castellana. It offers two balconies with breathtaking views, this gem is situated in the heart of the central Castellana district, next to the Santiago Bernabeu Stadium. Renowned architect Antonio Lamela, the mastermind behind the stadium renovation and various sports projects in the city, designed this property. The apartment features three bedrooms and three full bathrooms, two of which are en-suite. One bathroom has both a bath and a shower, while the others have showers only. The living room, dining area, and kitchen in an open plan contribute to a peaceful and elegant atmosphere. High ceilings, natural wood finishes, LED lights, and carefully selected light fixtures provide excellent lighting throughout the apartment. This 120 square meter corner is fully furnished and offers a ready-made solution for your comfort. Elevators for disabled individuals in the lobby and hallway add an extra level of convenience to this exquisite living space. Air conditioning. Close to shops. Recently renovated.

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 125 791 $

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 (1 125 791 $) 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).

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