Flat 112 м² in Madrid, Spain

1 136 456 $

10 146 $ /м²

4OaUl

Area

112 м²

Bedrooms

Bathrooms

Apartment in Central and Northern Spain. City - Madrid

This renovated property is located in a privileged location in the picturesque heart of Madrid. The apartment has two bedrooms, one of which has an en-suite bathroom, and offers modern comfort and style. The kitchen is equipped with high-end appliances, and the property is sold fully furnished, decorated with custom furniture, elegant wooden finishes, and enhanced LED lighting. The 112 square meter residence has been renovated according to modern standards. Additional features include central heating and air conditioning, household appliances, air conditioning, proximity to shops, and a furnished kitchen.

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 136 456 $

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 (1 136 456 $) 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).