Can foreigners buy property in Madrid?

Yes. There are no restrictions on buying property in Spain , whether it's commercial, residential or land. In fact, Spain encourages investment by foreigners, both resident and non-resident. You will require a financial number which can acquire by visiting a police station with your passport.

How do I buy a property in Madrid?

The process of buying a property in Spain usually runs as follows. First, the buyer makes an offer, usually through the seller's real estate agent. If this is accepted, then the buyer and seller sign a preliminary contract (contrato privado de compravento) and the buyer pays a deposit, typically 10% of the purchase price. Then the agent helps to organise property check and if there're no burdens or restrictions, a final sales contract is prepared.

Do I need a Spanish bank account to buy a property in Spain?

Yes. You will want a bank account in Spain once you have bought your Spanish property. This will enable you to set up direct debits and standing orders to pay for your utilities and bills .

Can I get a mortgage in Spain?

Yes. Although to get a mortgage in Spain you need NIE (Número de Identificación de Extranjeros). If you're in Spain, you can start the NIE application process at any local police station. Outside of Spain, the best way to apply for an NIE is to contact your local Spanish consulate.

What is a Spanish residence permit?

A long-term residence permit allows you to stay in Spain indefinitely, working or otherwise, under the same conditions as Spanish citizens. You can apply for Spanish nationality after 10 years of residence in Spain.

How do I get a residence permit in Spain?

Dedending on type (for students, for investors, etc.) you can obtain Spanish residence permit at Foreigner’s Office in Spain or at Spanish Consulate in your country of residence.

How long does it take to get residency in Spain?

The terms are based on the type of the residence (for students, for investors, etc.). Some of them can be obtained in less than one month.

Can I get residency in Spain if I buy property?

Yes. If you buy property in Spain you can get a Spanish residency permit, which allows you to live in Europe. The only challenge is the paperwork, and you must invest at least 500,000€.

How can I get permanent residency in Spain?

You can get permanent residency in Spain after 5 years of legal residence.

How long does it take to become a citizen in Spain?

The standard criteria for citizenship in Spain is 10 years of legal residence. There are reduced terms (1, 2 or 5 years) for residency based on naturalization, origin, option, etc.

Property for sale in Madrid, Spain

Elegant villa with a pool, a garden and a garage, Pozuelo de Alarcon, Spain for 7,500,000 €

With swimming pool

Elegant villa with a pool, a garden and a garage, Pozuelo de Alarcon, Spain

7,500,000 €

Total area 1,790 m²Land area: 6,400 m²13 bedrooms14 bathrooms

1,790 m², 13 bedrooms, villa + plot 6,400 m²

Pozuelo de Alarcón, Madrid, Spain

7,500,000 €

An elegant villa in one of the best urbanizations of Pozuelo de Alarcon, Prado Largo, Madrid. The three-story neoclassical... Read more

Comfortable villa with a garden, a pool, a garage and a terrace, La Moraleja, Spain for 5,900,000 €

With swimming pool

Comfortable villa with a garden, a pool, a garage and a terrace, La Moraleja, Spain

5,900,000 €

Total area 963 m²Land area: 2,588 m²4 bedrooms4 bathrooms

963 m², 4 bedrooms, villa + plot 2,588 m²

La Moraleja, Madrid, Spain

5,900,000 €

A comfortable villa located in the prestigious urbanization of La Moraleja in the southern region on a flat plot with... Read more

Off-plan property

New building in center of Barcelona with panoramic views, garden and pool

470,000 €

Estimated completion Q3 of 2018

Spacious villa with a garden, pools, a parking and terraces, Somosaguas, Spain for 2,800,000 €

With swimming pool

Spacious villa with a garden, pools, a parking and terraces, Somosaguas, Spain

2,800,000 €

Total area 1,498 m²Land area: 2,534 m²8 bedrooms8 bathrooms

1,498 m², 8 bedrooms, villa + plot 2,534 m²

Somosaguas, Madrid, Spain

2,800,000 €

This magnificent villa is located in the prestigious Somosaguas urbanization, just 15 minutes from the center of the capital... Read more

Two-story duplex with parking in a building with pools, a garden and a gym, Madrid, Spain. Price on request

With balcony/terrace

Two-story duplex with parking in a building with pools, a garden and a gym, Madrid, Spain

Price on request

Total area 477 m²3 bedrooms4 bathrooms

477 m², 3 bedrooms, apartment

Madrid (city), Madrid, Spain

4 floor

Price on request

A two-story duplex is located on the third floor of the building and is accessible through the lobby with a 24-hour... Read more

Spacious villa with a garden, a pool, a garage and a terrace, Pozuelo de Alarcon, Spain for 2,650,000 €

With swimming pool

Spacious villa with a garden, a pool, a garage and a terrace, Pozuelo de Alarcon, Spain

2,650,000 €

Total area 750 m²Land area: 1,375 m²4 bedrooms4 bathrooms

750 m², 4 bedrooms, villa + plot 1,375 m²

Pozuelo de Alarcón, Madrid, Spain

2,650,000 €

In the urbanization Villas de Monteclaro, equipped with 24-hour security and closed with a checkpoint, this beautiful... Read more

Cozy villa with a private garden, a pool, a garage and a terrace, Madrid, Spain for 1,875,000 €

With swimming pool

Cozy villa with a private garden, a pool, a garage and a terrace, Madrid, Spain

1,875,000 €

Total area 650 m²Land area: 869 m²6 bedrooms7 bathrooms

650 m², 6 bedrooms, villa + plot 869 m²

La Moraleja, Madrid, Spain

1,875,000 €

An independent villa with a private garden and a swimming pool is located in a gated community in the La Moraleja area.... Read more

Spacious villa with a private garden, a pool, a garage and a veranda, Valdemarin, Spain for 5,900,000 €

With swimming pool

Spacious villa with a private garden, a pool, a garage and a veranda, Valdemarin, Spain

5,900,000 €

Total area 1,173 m²Land area: 2,500 m²7 bedrooms7 bathrooms

1,173 m², 7 bedrooms, villa + plot 2,500 m²

Madrid (city), Madrid, Spain

5,900,000 €

An impressive concrete villa with a different texture and unique design in the exclusive Valdemarin area was designed... Read more

Spacious villa with pools, a garage and a terrace, Somosaguas, Spain for 3,400,000 €

With swimming pool

Spacious villa with pools, a garage and a terrace, Somosaguas, Spain

3,400,000 €

Total area 1,650 m²Land area: 3,208 m²8 bedrooms7 bathrooms

1,650 m², 8 bedrooms, villa + plot 3,208 m²

Somosaguas, Madrid, Spain

3,400,000 €

A spacious villa located in Somosaguas urbanization, in a privileged environment, on a plot of 3,208 m² and has a heated... Read more

Spacious villa with a garden, a pool, a garage and a terrace, Pozuelo de Alarcon, Spain. Price on request

With swimming pool

Spacious villa with a garden, a pool, a garage and a terrace, Pozuelo de Alarcon, Spain

Price on request

Total area 1,937 m²Land area: 6,872 m²8 bedrooms9 bathrooms

1,937 m², 8 bedrooms, villa + plot 6,872 m²

Pozuelo de Alarcón, Madrid, Spain

Price on request

A spacious villa built to the highest quality standards and equipped with the latest technological innovations. The whole... Read more

Comfortable villa with a pool, a garden, terraces and sea views, Madrid, Spain for 2,620,000 €

With swimming pool

Comfortable villa with a pool, a garden, terraces and sea views, Madrid, Spain

2,620,000 €

Total area 690 m²Land area: 15,600 m²5 bedrooms6 bathrooms

690 m², 5 bedrooms, villa + plot 15,600 m²

Madrid (city), Madrid, Spain

2,620,000 €

A comfortable villa is located on a large plot of land with a private garden and an outdoor pool and has sea views. The ground... Read more

Comfortable villa with a private garden, a pool and a garage, Las Roses de Madrid, Spain for 3,580,000 €

With swimming pool

Comfortable villa with a private garden, a pool and a garage, Las Roses de Madrid, Spain

3,580,000 €

Total area 780 m²Land area: 1,634 m²7 bedrooms9 bathrooms

780 m², 7 bedrooms, villa + plot 1,634 m²

Madrid (city), Madrid, Spain

3,580,000 €

A comfortable villa is secluded thanks to the lush greenery of the garden, surrounded by an artificial river. The house... Read more

Spacious villa with a garden, a pool and a garage, Somosaguas, Spain for 1,700,000 €

With swimming pool

Spacious villa with a garden, a pool and a garage, Somosaguas, Spain

1,700,000 €

Total area 820 m²Land area: 2,742 m²8 bedrooms7 bathrooms

820 m², 8 bedrooms, villa + plot 2,742 m²

Somosaguas, Madrid, Spain

1,700,000 €

A large independent villa in a prestigious urbanization in the north of Somosaguas has a garden with a swimming pool... Read more

Modern villa with a pool, a garage and terraces, Villafranca, Spain for 1,840,000 €

With swimming pool

Modern villa with a pool, a garage and terraces, Villafranca, Spain

1,840,000 €

Total area 1,200 m²Land area: 1,505 m²6 bedrooms6 bathrooms

1,200 m², 6 bedrooms, villa + plot 1,505 m²

Villafranca, Madrid, Spain

1,840,000 €

A modern independent villa with an outdoor pool in the urbanization of Villafranca del Castillo with a high level of quality... Read more

Spacious villa with a pool, a garden, a garage and an elevator, Pozuelo de Alarcon, Spain for 4,700,000 €

With swimming pool

Spacious villa with a pool, a garden, a garage and an elevator, Pozuelo de Alarcon, Spain

4,700,000 €

Total area 1,152 m²Land area: 3,978 m²7 bedrooms7 bathrooms

1,152 m², 7 bedrooms, villa + plot 3,978 m²

Pozuelo de Alarcón, Madrid, Spain

4,700,000 €

A spacious three-story villa built on a beautiful wooded plot of 3,978 m² with an outdoor pool, a garden, a garage... Read more

Spacious villa with a garden, a pool and terraces, San Lorenzo de El Escorial, Spain for 2,950,000 €

With swimming pool

Spacious villa with a garden, a pool and terraces, San Lorenzo de El Escorial, Spain

2,950,000 €

Total area 812 m²Land area: 3,916 m²6 bedrooms5 bathrooms

812 m², 6 bedrooms, villa + plot 3,916 m²

San Lorenzo de El Escorial, Madrid, Spain

2,950,000 €

A magnificent palace villa in San Lorenzo de El Escorial is built with luxurious qualities and a neoclassical design. The house... Read more

Spacious apartment with parking in a castle with a private garden and a pool, Madrid, Spain for 5,200,000 €

With balcony/terrace

Spacious apartment with parking in a castle with a private garden and a pool, Madrid, Spain

5,200,000 €

Total area 392 m²3 bedrooms4 bathrooms

392 m², 3 bedrooms, apartment

Madrid (city), Madrid, Spain

5,200,000 € 13,265 € per m²

A magnificent apartment is located in the old palace of Los Corsini of the early nineteenth century, one of the architectural... Read more

Spacious chalet with a large plot, a garage and a terrace, Pozuelo de Alarcon, Spain for 1,990,000 €

Spacious chalet with a large plot, a garage and a terrace, Pozuelo de Alarcon, Spain

1,990,000 €

Total area 1,278 m²Land area: 5,604 m²10 bedrooms8 bathrooms

1,278 m², 10 bedrooms, chalet

Pozuelo de Alarcón, Madrid, Spain

1,990,000 €

A spacious chalet of architect Fernando Cavestani Pardo Valcarce in the prestigious urbanization of Prado Largo is... Read more

Comfortable villa with a pool, a garden, a garage and a solarium, Las Rosas de Madrid, Spain for 960,000 €

With swimming pool

Comfortable villa with a pool, a garden, a garage and a solarium, Las Rosas de Madrid, Spain

960,000 €

Total area 413 m²Land area: 2,605 m²5 bedrooms6 bathrooms

413 m², 5 bedrooms, villa + plot 2,605 m²

Madrid (city), Madrid, Spain

960,000 €

An exclusive independent villa built on a flat plot of 2,605 m² with mountain views and excellent privacy. Recently... Read more

Three-storey villa with a garden, a pool and a terrace, Fuente del Fresno, Spain for 1,490,000 €

With swimming pool

Three-storey villa with a garden, a pool and a terrace, Fuente del Fresno, Spain

1,490,000 €

Total area 436 m²Land area: 1,954 m²7 bedrooms6 bathrooms

436 m², 7 bedrooms, villa + plot 1,954 m²

Madrid (city), Madrid, Spain

1,490,000 €

A three-story villa of excellent quality has spectacular views, and thanks to the large windows the landscape is integrated... Read more

Spacious villa with a plot, a pool and a terrace, Madrid, Spain for 8,700,000 €

With swimming pool

Spacious villa with a plot, a pool and a terrace, Madrid, Spain

8,700,000 €

Total area 856 m²Land area: 727 m²4 bedrooms3 bathrooms

856 m², 4 bedrooms, villa + plot 727 m²

Madrid (city), Madrid, Spain

8,700,000 €

A former embassy is divided into two buildings with a total area of 856 m² on a plot of 727 m² with a private pool... Read more

Spacious apartment with a terrace in a house with an elevator, Madrid, Spain for 615,000 €

With balcony/terrace

Spacious apartment with a terrace in a house with an elevator, Madrid, Spain

615,000 €

Total area 163 m²2 bedrooms2 bathrooms

163 m², 2 bedrooms, apartment

Madrid (city), Madrid, Spain

5 floor

615,000 € 3,773 € per m²

A spacious 163 m² apartment is located on the fourth floor of the building. The apartment consists of a large entrance... Read more

Spacious duplex penthouse with a terrace in a house with a parking and a gym, Madrid, Spain for 2,605,000 €

With balcony/terrace

Spacious duplex penthouse with a terrace in a house with a parking and a gym, Madrid, Spain

2,605,000 €

Total area 249 m²4 bedrooms4 bathrooms

249 m², 4 bedrooms, penthouse

Madrid (city), Madrid, Spain

2,605,000 € 10,461 € per m²

A spacious duplex penthouse located in an exclusive building in 1910, which has been carefully restored to preserve... Read more

Three-storey villa with a garden, a pool and a terrace, Madrid, Spain for 1,720,000 €

With swimming pool

Three-storey villa with a garden, a pool and a terrace, Madrid, Spain

1,720,000 €

Total area 441 m²Land area: 1,001 m²5 bedrooms4 bathrooms

441 m², 5 bedrooms, villa + plot 1,001 m²

Madrid (city), Madrid, Spain

1,720,000 €

An innovative semi-detached villa in Puerta de Hierro with open spaces and comfortable rooms is distributed over three... Read more

Elegant villa with a private garden, a pool, garages and terraces, Somosaguas, Spain for 2,800,000 €

With swimming pool

Elegant villa with a private garden, a pool, garages and terraces, Somosaguas, Spain

2,800,000 €

Total area 872 m²Land area: 2,525 m²6 bedrooms7 bathrooms

872 m², 6 bedrooms, villa + plot 2,525 m²

Somosaguas, Madrid, Spain

2,800,000 €

An elegant villa with large windows to the garden and a private heated pool has several terraces with panoramic views... Read more

Two-storey villa with a pool, a garage, a terrace and sea views, Alicante, Spain for 2,850,000 €

With swimming pool

Two-storey villa with a pool, a garage, a terrace and sea views, Alicante, Spain

2,850,000 €

Total area 413 m²Land area: 979 m²4 bedrooms4 bathrooms

413 m², 4 bedrooms, villa + plot 979 m²

Madrid (city), Madrid, Spain

2,850,000 €

Overlooking San Juan Beach and the sea with a modern design, the two-story villa has a solarium, an underground parking... Read more

Property for sale in Madrid

Discounted properties upon request

FAQ about Madrid