Renovated Three-Bedroom Apartment in Almagro, Madrid
€2,700,000€12,385/m²
3
bedrooms
4
bathrooms
218 m²
interior
Apartment
property type
29 May 2026
listed
The Habio take
AI summaryThis stunning 218m² apartment boasts a complete renovation and offers modern living in Madrid's prestigious Almagro neighbourhood. Known for its elegant architecture and proximity to cultural attractions, Almagro is a desirable area for both expatriates and locals alike.
- city
- luxury
- investment
- family
Highlights
- Completely renovated interior
- Spacious 218 m²
- Three bedrooms and four bathrooms
- Located in a prestigious neighbourhood
- High potential for rental income
Worth knowing
- Higher price point for comparable properties
- Potential for noise in a central location
Good fit for: Ideal for discerning buyers seeking luxury in a vibrant urban setting.
Lifestyle scores
- Beach
- 0
- Walkable
- 90
- Remote work
- 75
- Family
- 70
- Retirement
- 60
- Airport access
- 85
- Investment
- 80
- Luxury
- 90
- Value
- 60
About this place
Completely renovated 218m2 apartment in the Almagro neighbourhood
Buying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
Spain ended its Golden Visa property route in April 2025. Non-resident mortgages are widely available, typically 60–70% LTV. Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax. Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
