Functional Two-Bed Apartment in Vibrant Ibiza District, Madrid
€699,000
€12,709/m²
- 2
- Bedrooms
- 1
- Bathroom
- 55 m²
- Interior
- Apartment
- Type
- 8 Oct 2026
- Listed
The Habio take
This two-bedroom apartment boasts 55 m² of functional living space, ideal for residential or mixed-use purposes. Located in the prestigious Ibiza neighbourhood of Madrid, it offers excellent connectivity and a dynamic urban environment.
- city
- investment
- rental income
- quiet
Highlights
- 55 m² of functional living space
- Two bright bedrooms with built-in wardrobes
- Equipped kitchen ready for immediate use
- Natural gas heating and air conditioning
- Building with lift for easy access
- Located in a vibrant, well-connected neighbourhood
Worth knowing
- Limited internal area may not suit larger families
- Potential noise from the urban environment
Good fit for: This apartment is ideal for individuals or small families seeking a vibrant urban lifestyle with convenient amenities.
Lifestyle scores
- Beach
- 0
- Walkable
- 80
- Remote work
- 65
- Family
- 55
- Retirement
- 60
- Airport access
- 70
- Investment
- 75
- Luxury
- 50
- Value
- 65
About this place
This practical apartment spans 55 m² and is located in the prestigious Ibiza neighbourhood of Madrid, known for its vibrant urban life. The layout features two bright bedrooms, one of which includes a built-in wardrobe and direct access to a full bathroom, optimising daily routines.
The open-plan living and dining area provides a pleasant space, ideal for a compact dining setup or a relaxation corner. The kitchen is equipped and furnished, with a streamlined design ready for daily use without hassle. Natural gas heating and air conditioning ensure comfort year-round.
Accessibility is enhanced with a lift in the building, catering to those with reduced mobility or for carrying groceries. The apartment’s good overall condition and functional finishes allow for immediate occupancy and efficient management of day-to-day life. Its central distribution avoids wasted space, contributing to a sense of openness.
The surrounding area is dynamic, with markets, supermarkets, and shops within easy reach, enhancing daily living convenience. Numerous restaurants and leisure options are just minutes away, alongside essential services such as health centres and well-connected public transport links to the city and points of interest. Its mix of practicality and cultural offerings makes this property an appealing choice for individuals seeking comfort, location, and potential for appreciation.
What this place offers
- air conditioning
- heating
- lift
- furnished
Where you’ll be
Madrid, Madrid, Spain
Exact location is confirmed by the agent on enquiry.
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


















