Flat 102 м² in Madrid, Spain

1 155 382 $

11 327 $ /м²

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Flat 102m² in Spain, Madrid. Priced at 995000€ rent photo- #1

Flat 102m² in Spain, Madrid. Priced at 995000€ rent photo- #2

Flat 102m² in Spain, Madrid. Priced at 995000€ rent photo- #3

Flat 102m² in Spain, Madrid. Priced at 995000€ rent photo- #4

Flat 102m² in Spain, Madrid. Priced at 995000€ rent photo- #5

Flat 102m² in Spain, Madrid. Priced at 995000€ rent photo- #6

Flat 102m² in Spain, Madrid. Priced at 995000€ rent photo- #7

Flat 102m² in Spain, Madrid. Priced at 995000€ rent photo- #8

Flat 102m² in Spain, Madrid. Priced at 995000€ rent photo- #9

Flat 102m² in Spain, Madrid. Priced at 995000€ rent photo- #10

Area

102 м²

Apartment in Central and Northern Spain. City - Madrid

This property is located on the first floor and has 2 bedrooms and 2 bathrooms, including one with an en-suite bathroom. The apartment is fully furnished with designer furniture, wood finishes, and good lighting with LED lights. Additionally, the house has an elevator for easy access and air conditioning to maintain a comfortable environment. Monthly utility payments amount to 87.90 euros, which will be used for shared services and home maintenance. The annual property tax will be 572.4 euros. Convenient and stylish place to live. Kitchen appliances. Air conditioning. Close to shops. Furnished. Refurbished. Furnished kitchen.

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 155 382 $

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 (1 155 382 $) 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).