Renovated One-Bed Apartment near El Retiro Park, Madrid
€399,000€4,483/m²
1
bedroom
2
bathrooms
89 m²
interior
Apartment
property type
2 weeks ago
listed
The Habio take
AI summaryThis beautifully renovated one-bedroom apartment in Barrio Ibiza offers modern living just steps from El Retiro Park. Situated in a vibrant area of Madrid, it boasts a wealth of local amenities, including restaurants, bars, and excellent schools.
- city
- walkable
- garden
- investment
Highlights
- Recently renovated
- Spacious terrace
- Located near El Retiro Park
- Condo with concierge
- Bright, all-exterior apartment
- Low community fees
Worth knowing
- One bedroom may limit family accommodations
- Only two bathrooms in a one-bedroom apartment
Good fit for: Perfect for a young professional or couple looking for a central, vibrant lifestyle.
Lifestyle scores
- Beach
- 0
- Walkable
- 90
- Remote work
- 70
- Family
- 60
- Retirement
- 65
- Airport access
- 85
- Investment
- 75
- Luxury
- 70
- Value
- 65
About this place
Oi Real Estate presents this exclusive apartment for sale, recently renovated and located in the sought-after Barrio Ibiza within the Retiro District of Madrid. Spanning 89 m², this bright, exterior apartment is situated in a building dating back to 1940 on Calle Menorca.
The living space includes a spacious living-dining room and an independent American kitchen, fully equipped with modern appliances. The apartment features a double bedroom with an en suite bathroom and dressing room, as well as an additional toilet. Notable qualities include parquet flooring, double-glazed aluminum windows, and heating, with provisions for Wi-Fi and air conditioning already installed.
Residents benefit from a protected façade, a concierge service, and low community fees of just 67 euros per month. Its prime location, only 30 meters from the entrance to Retiro Park, ensures both tranquillity and easy access to public transport, shops, and a vibrant social scene, making it an ideal home for those seeking the best of Madrid.
What this place offers
- terrace
- air conditioning
- heating
- furnished
- concierge
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
