Luxury 5-Bedroom Villa in New Development in Aravaca, Madrid
€4,900,000€9,007/m²
Aravaca, Madrid, Spain
5
bedrooms
6
bathrooms
544 m²
interior
House
property type
29 May 2026
listed
The Habio take
AI summaryThis stunning 5-bedroom villa boasts an avant-garde design and offers ample space with 544 m² of internal area. Located in the exclusive Reserva de Aravaca development, it combines modern living with the charm of Madrid.
- luxury
- new build
- family
- city
Highlights
- 5 spacious bedrooms
- 6 modern bathrooms
- 544 m² of living area
- Avant-garde architectural design
- Exclusive new build development
- Luxury lifestyle amenities
Good fit for: Ideal for buyers seeking a modern luxury home in a prestigious area.
Lifestyle scores
- Beach
- 0
- Walkable
- 60
- Remote work
- 75
- Family
- 80
- Retirement
- 70
- Airport access
- 80
- Investment
- 85
- Luxury
- 90
- Value
- 60
About this place
Luxury villa with an exceptional and avant-garde design for sale in the new build Development Reserva de Aravaca in 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.
- 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
