Flat 131 м² in Madrid, Spain

1 156 025 $

8 824 $ /м²

4OaUx

Area

131 м²

Bedrooms

Bathrooms

Apartment in Central and Northern Spain. City - Madrid

Beautiful 131 sq.m. apartment, built in a privileged area and on one of the most symbolic streets of Chambéry. The property has 2 bedrooms and 2 bathrooms, as well as an excellent layout, with attention to detail in each room, illuminated to highlight its beauty. It is located on the first floor outside, with an elevator and concierge. This fully renovated property is completely new, with plenty of natural light, including a spacious living-dining room with large windows, a semi-integrated Italian kitchen equipped with Bosch appliances, two spacious bedrooms, the main one with a bathroom and a second full bathroom with a shower. The apartment features: - Ducted air conditioning. - Individual heating and hot water from the boiler. - Porcelain tiles and flooring from Porcelanosa. - Exterior wooden carpentry: high-quality windows ("Cortizo"), turn-tilt, with double glazing and thermal break. - Interior wooden carpentry: interior doors, white lacquered. - Built-in closets with luggage compartment and lacquered doors, textile interior, shelves, drawers, hangers and internal LED lighting. - Sliding metal glass furniture with sliding doors in the kitchen. - Roca Line plumbing fixtures. - Custom countertops and furniture for bathrooms with individual design. - Blinds throughout the property with automation. - Reinforced entrance door. Very close to metro stations and bus lines. Surrounded by various services. Optional furniture. Kitchen appliances. Air conditioning. Air conditioning pre-installation. Close to shops. Renovated. Furnished kitchen.

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 156 025 $

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 (1 156 025 $) 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).