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Penthouse 518 м² in Madrid, Spain

6 779 523 $

13 087 $ /м²

4OWHm
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Area

518 м2

Bedrooms

4

Bathrooms

5

Luxury 4 bedroom penthouse in Madrid, Autonomous Region of Madrid

PENTHAUS WITH GARDEN AND PRIVATE POOL, in a newly built urbanization with 24 hour security and access control for visitors. This is probably the best building in the area, with a communal garden and swimming pool (in addition to the garden and pool which are on the terrace of the apartment itself). The apartment is 518 m2 with a terrace of 400 m2 and 3 parking spaces. The apartment is distributed as follows: garden and pool (5th floor) On this floor there is a large terrace with privacy where there is a garden (with natural grass and trees), a swimming pool, a large covered seating area with fireplace and outdoor dining area. Access floor (4th floor): Fully open plan with several living rooms, dining room, GAGGENAU kitchen and guest toilet. Wide perimeter terrace for dining tables and outdoor living. Sleeping floor (3rd floor). 3 double garages (for 6 cars) are included in the price.

Additional details

Property type

Residential Properties

Object type

Penthouse

Price

6 779 523 $

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 (6 779 523 $) 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).

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