Flat 91 м² in Madrid, Spain

1 183 858 $

13 009 $ /м²

4OaV4

Area

91 м²

Bedrooms

Bathrooms

Apartment in Central and Northern Spain. City - Madrid

Recently renovated housing with an area of 91 square meters is located in a great location. Featuring three bedrooms, two of which have private bathrooms, the residence includes a kitchen equipped with high-end appliances. It is offered fully furnished with exclusive designer wooden furniture, complemented by air conditioning and atmospheric LED lighting. The building is equipped with an elevator for additional comfort. Located in the dynamic Chueca district, in the heart of Madrid, this property will immerse you in a lively atmosphere. Enjoy the surrounding environment with delightful cafes, tapas bars, restaurants, vibrant nightlife spots, luxurious boutiques, and iconic markets such as San Anton and Plaza del Dos de Mayo. Additionally, this area is home to cultural landmarks such as the Romanticism Museum, Madrid History Museum, and various art theaters. Kitchen appliances. Storage room. Air conditioning. Near shops. Furnished. Renovated. Furnished kitchen.

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 183 858 $

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 (1 183 858 $) 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).