Penthouse 400 м² in Madrid, Spain

4 558 644 $

11 396 $ /м²

4OWKE

Penthouse 400m² in Spain, Madrid. Priced at 3900000€ rent photo- #1

Penthouse 400m² in Spain, Madrid. Priced at 3900000€ rent photo- #2

Penthouse 400m² in Spain, Madrid. Priced at 3900000€ rent photo- #3

Penthouse 400m² in Spain, Madrid. Priced at 3900000€ rent photo- #4

Penthouse 400m² in Spain, Madrid. Priced at 3900000€ rent photo- #5

Penthouse 400m² in Spain, Madrid. Priced at 3900000€ rent photo- #6

Area

400 м²

Bedrooms

Bathrooms

5-room luxury penthouse for sale in Madrid, Madrid autonomous community

PENTHOUSE WITH GARDEN AND PRIVATE POOL, in a newly built urbanization with 24-hour security, access control for visitors. Possibly the best building in this area, with common garden and pool areas (in addition to the garden and pool that the apartment itself has on its terrace). The 400 m2 apartment comes with a 400 m2 terrace, 2 parking spaces, and a storage room. The apartment is distributed as follows: Garden and pool Floor (5th floor) On this floor, the apartment enjoys a large terrace with plenty of privacy, where we find a garden (with natural grass and trees), a pool, a large covered Chill Out area with an open fireplace, and an outdoor dining area. Ground floor (4th floor): RENOVATION REQUIRED. Possibility to create 5 bedrooms. Fully open plan with several living rooms, dining room, GAGGENAU kitchen, and guest toilet. Wide terrace around the perimeter, where you can set up dining tables and enjoy outdoor living.

Additional details

Property type

Residential Properties

Object type

Penthouse

Price

4 558 644 $

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 (4 558 644 $) 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).