Three-Bed Apartment with Reform Potential in Central Madrid
€356,000€5,014/m²
3
bedrooms
2
bathrooms
71 m²
interior
Apartment
property type
2 weeks ago
listed
The Habio take
AI summaryThis three-bedroom apartment on Calle Mayor offers spacious living in the heart of Madrid. Centrally located, it provides easy access to the city's vibrant culture and amenities.
- city
- investment
- family
- walkable
Highlights
- Centrally located on Calle Mayor
- Three spacious bedrooms
- Potential for reform
- Air conditioning and heating
- Elevator in the building
Worth knowing
- No dedicated parking mentioned
- Requires renovation
- Second floor may involve some street noise
Good fit for: Ideal for buyers looking for a central home with renovation potential.
Lifestyle scores
- Beach
- 0
- Walkable
- 80
- Remote work
- 70
- Family
- 65
- Retirement
- 55
- Airport access
- 70
- Investment
- 75
- Luxury
- 60
- Value
- 65
About this place
Presenting an exclusive apartment for sale located on Calle Mayor, in the bustling Centro of Madrid. This second-floor property spans 71m² and features a spacious living-dining room, an independent kitchen equipped with electrical appliances, three bedrooms, a full bathroom, and an additional toilet.
The apartment boasts notable features including parquet flooring, fitted wardrobes, a pantry or storage room, and double-glazed aluminum windows. For added comfort, it includes air conditioning and heating. The property offers many possibilities for renovation to tailor it to your tastes. The building is equipped with an elevator for easy access.
What this place offers
- air conditioning
- heating
- storage
- lift
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
