Penthouse 185 м² in Madrid, Spain

1 362 799 $

7 366 $ /м²

4OWwo

Penthouse 185m² in Spain, Madrid. Priced at 1150000€ rent photo- #1

Penthouse 185m² in Spain, Madrid. Priced at 1150000€ rent photo- #2

Penthouse 185m² in Spain, Madrid. Priced at 1150000€ rent photo- #3

Penthouse 185m² in Spain, Madrid. Priced at 1150000€ rent photo- #4

Penthouse 185m² in Spain, Madrid. Priced at 1150000€ rent photo- #5

Penthouse 185m² in Spain, Madrid. Priced at 1150000€ rent photo- #6

Area

185 м²

Bedrooms

Bathrooms

Luxury penthouse with 3 bedrooms in Madrid, Spain

PENTHAUS WITH TERRACE 90m2 on the same floor as the other floors. With beautiful views of the Sierra de Madrid and green trees all around, the house is located in Colonia de Puerta de Hierro. Urbanization with communal garden, swimming pool, playground and doorman. The house comes with 2 parking spaces and 1 storage room. The house consists of the following rooms: Entrance hall. Living room with access to the terrace. Large kitchen communicating with the games room, which in turn also has access to the terrace. Master bedroom with en-suite bathroom and beautiful views. 2 bedrooms with shared bathroom.

Additional details

Property type

Residential Properties

Object type

Penthouse

Price

1 362 799 $

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 (1 362 799 $) 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).