Spacious Three-Bedroom Apartment in Recoletos, Madrid
€3,950,000€16,458/m²
3
bedrooms
3
bathrooms
240 m²
interior
Apartment
property type
29 May 2026
listed
The Habio take
AI summaryThis renovated three-bedroom apartment boasts an impressive 240 m² of living space in the desirable Recoletos district of Madrid, known for its elegance and proximity to cultural attractions. Enjoy a stylish urban lifestyle in one of the city's most prestigious neighbourhoods.
- city
- luxury
- walkable
Highlights
- 240 m² of internal space
- Renovated with modern finishes
- Located in the upscale Recoletos area
- Three well-appointed bedrooms and bathrooms
- Close to cultural attractions and dining
Worth knowing
- High price point for the area
- Limited outdoor space
- In a busy urban environment
Good fit for: Ideal for those seeking a luxurious city living experience in Madrid.
Lifestyle scores
- Beach
- 0
- Walkable
- 90
- Remote work
- 70
- Family
- 60
- Retirement
- 50
- Airport access
- 80
- Investment
- 85
- Luxury
- 90
- Value
- 40
About this place
Renovated 3-bedroom exterior apartment for sale in Recoletos, Madrid
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
