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Madrid, Madrid, Spain

Functional Two-Bed Apartment in Well-Connected Retiro, Madrid

€699,000

€12,709/m²

2
Bedrooms
1
Bathroom
55 m²
Interior
Apartment
Type
Today
Listed

The Habio take

AI summary

This practical two-bedroom apartment offers a compact 55 m² of living space and is ideally situated in the vibrant Retiro area. With excellent transport links and amenities nearby, it presents a perfect opportunity for both comfortable living and potential mixed-use investment.

  • city
  • walkable
  • investment
  • new build

Highlights

  • Two bright bedrooms
  • Practical layout for daily living
  • Well-connected location
  • Lift access for convenience
  • Furnished and ready to move in

Worth knowing

  • Compact living space might not suit larger families
  • No off-street parking mentioned

Good fit for: Ideal for buyers seeking a comfortable urban lifestyle with investment potential.

Lifestyle scores

Beach
0
Walkable
80
Remote work
70
Family
60
Retirement
65
Airport access
85
Investment
75
Luxury
55
Value
70

About this place

This functional apartment spans 55 square metres and is located in a well-connected area with all necessary amenities close at hand. It features two bright bedrooms, one of which has built-in wardrobes and direct access to a full bathroom, optimising daily living.

The living-dining area is open and inviting, perfect for a compact dining table and a relaxation space. The kitchen is furnished and equipped with practical work surfaces, ready for everyday use with no hassles. The apartment benefits from natural gas heating and air conditioning, ensuring a pleasant temperature all year round.

Housed in a building with a lift, it offers convenience for daily access, especially for those with reduced mobility or when carrying purchases. The overall condition is good, featuring functional finishes that allow for immediate occupation and effective daily management. The layout of the apartment is designed to optimise space usage, contributing to an overall sense of spaciousness.

The dynamic urban environment features markets, supermarkets, and shops, all within a short distance, along with dining and entertainment options just minutes away. Essential services, including healthcare centres and excellent public transport connections, make this area highly appealing. The combination of practicality with cultural and leisure offerings enhances both quality of life and property value in the neighbourhood. The apartment comes furnished, featuring a modern and practical style that facilitates easy personalisation, with built-in furniture in the bedrooms.

This property represents an attractive opportunity for those seeking a home that balances comfort, location, and competitive pricing, making it suitable for both personal use and investment potential. The property is well-maintained and ready for immediate use, allowing for a smooth transition with minimal setup costs and immediate rental yield possibilities.

What this place offers

  • air conditioning
  • heating
  • furnished
  • lift

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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