Premium Three-Bedroom Apartment with Pool in Peñagrande, Madrid
€1,200,000€9,160/m²
3
bedrooms
2
bathrooms
131 m²
interior
Apartment
property type
29 May 2026
listed
The Habio take
AI summaryThis premium three-bedroom apartment in Peñagrande features excellent finishes and a lovely terrace, making it an ideal choice for comfortable living. Situated next to Puerta de Hierro, residents enjoy green surroundings while being just 15 minutes from central Madrid.
- luxury
- city
- family
- garden
- pool
Highlights
- 131 m² of internal space
- Bright interiors with modern finishes
- Access to a private swimming pool
- Terraces for outdoor relaxation
- Close proximity to major highways
Worth knowing
- 15-minute commute to city centre may not suit everyone
- Higher price point may limit budget-conscious buyers
Good fit for: Ideal for families or professionals seeking a quality lifestyle in Madrid.
Lifestyle scores
- Beach
- 0
- Walkable
- 65
- Remote work
- 80
- Family
- 70
- Retirement
- 65
- Airport access
- 60
- Investment
- 75
- Luxury
- 85
- Value
- 70
About this place
Premium property in Peñagrande, next to Puerta de Hierro. Private development with swimming pool and solarium. Bright homes with terraces and excellent finishes. Surrounded by green areas and with direct access to the M-30, M-40 and A-6 highways. 15 minutes from the centre.
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.
- 1
Get an NIE
Apply for the foreign-resident tax number at a Spanish consulate, police station, or via a representative with power of attorney.
- 2
Open a Spanish bank account
Needed for the deposit, taxes, mortgage payments, and utilities.
- 3
Engage an independent lawyer
Lawyer runs title, debts, planning, and community-of-owners checks — the notario will not.
- 4
Reservation contract
Small deposit (€3,000–€10,000) takes the property off the market while due diligence runs.
- 5
Sign the contrato de arras
Private purchase contract with a 10% deposit. If the buyer pulls out they lose it; if the seller pulls out they pay double.
- 6
Sign the escritura pública
Final public deed signed before a notario; balance and taxes paid; keys handed over.
- 7
Register the property
Lawyer registers the deed at the Registro de la Propiedad and arranges utility and IBI transfers.
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
