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Madrid, Madrid, Spain

Renovated Four-Bedroom Apartment in Central Madrid

€385,000

€3,850/m²

Great value70% below the typical price per m² for apartments in Madrid
4
Bedrooms
1
Bathroom
100 m²
Interior
Apartment
Type
21 Aug 2026
Listed

The Habio take

AI summary

This spacious four-bedroom apartment boasts a renovated bathroom and promotes comfort with individual heating and air conditioning. Located in Madrid, close to the scenic Madrid Río, it offers excellent communication links throughout the city.

  • city
  • family
  • investment
  • walkable

Highlights

  • Four bedrooms
  • Renovated bathroom
  • Air conditioning
  • Close to Madrid Río
  • Good transport links
  • Communal roof access

Worth knowing

  • Property needs reform
  • No load-bearing walls may limit renovations

Good fit for: Ideal for families or investors looking for a spacious apartment in Madrid.

Lifestyle scores

Beach
0
Walkable
85
Remote work
75
Family
80
Retirement
60
Airport access
70
Investment
70
Luxury
65
Value
75

About this place

Situated on the sixth floor, this 100 m² apartment features three bedrooms and a living room, with both the kitchen and bathroom benefiting from natural light thanks to their windows. The interior includes a recently renovated bathroom, individual heating, and air conditioning, ensuring a comfortable environment year-round.

The apartment's layout is enhanced by embedded wardrobes and Climalit windows that provide thermal and acoustic insulation. Security is a priority with an armored door.

With an elevator providing easy access, the renovated portal includes a platform for reduced mobility. The communal roof offers additional outdoor space. Conveniently located near Madrid Río, the property is well-connected to the city's public transport network. Though the apartment requires some reform work, it has the potential to become a beautiful home, complemented by the option to buy or rent a garage space nearby.

What this place offers

  • air conditioning
  • heating
  • elevator
  • communal roof
  • garage space option

Where you’ll be

Madrid, Madrid, Spain

Exact location is confirmed by the agent on enquiry.

ES

Buying property in Spain

Full guide →

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

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