Renovated Three-Bedroom Apartment in Vibrant Malasaña, Madrid
€1,285,000€6,490/m²
Malasaña, Madrid, Spain
3
bedrooms
4
bathrooms
198 m²
interior
Apartment
property type
29 May 2026
listed
The Habio take
AI summaryThis fantastic 3-bedroom apartment boasts four private bathrooms, offering modern comfort in the heart of Malasaña, one of Madrid's most eclectic neighbourhoods. Known for its artistic vibe and lively atmosphere, this area is perfect for those seeking a dynamic urban lifestyle.
- city
- historic
- investment
- luxury
- walkable
Highlights
- 198 m² of internal area
- Recently renovated
- Four private bathrooms
- Ideally located in Malasaña
- Vibrant local culture and nightlife
Worth knowing
- Potential noise from lively area
- Higher price point for location
Good fit for: Ideal for urban professionals or families looking for a stylish city home.
Lifestyle scores
- Beach
- 0
- Walkable
- 85
- Remote work
- 75
- Family
- 70
- Retirement
- 60
- Airport access
- 70
- Investment
- 80
- Luxury
- 85
- Value
- 40
About this place
Fantastic renovated 3-bedroom apartment with private bathroom for sale in Malasaña, 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
