Can foreigners buy apartments 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 an apartment 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 an apartment in Spain?

Yes. You will want a bank account in Spain once you have bought your apartment in Madrid. 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.

Apartments for sale in Madrid - Buy flats in Madrid

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Exclusive penthouse in a renovated building, Salamanca district, Madrid, Spain for 7,525,000 €

Exclusive penthouse in a renovated building, Salamanca district, Madrid, Spain

7,525,000 €

£6,480,000

Total area 618 m²5 bedrooms7 bathrooms

Two-bedroom apartment in an elite complex, La Moraleja district, Madrid, Spain for 660,000 €

Two-bedroom apartment in an elite complex, La Moraleja district, Madrid, Spain

660,000 €

£568,000

Total area 139 m²2 bedrooms2 bathrooms

Off-plan property

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

470,000 €

Estimated completion Q3 of 2018

Charming one-bedroom apartment in Madrid, Spain for 220,000 €

Charming one-bedroom apartment in Madrid, Spain

220,000 €

£189,000

Total area 48 m²1 bedroom1 bathroom

2 months ago

Apartment – Madrid (city), Madrid, Spain for 237,000 €

Apartment – Madrid (city), Madrid, Spain

237,000 €

£204,000

Total area 58 m²1 bedroom1 bathroom

4 weeks ago

Renovated two-bedroom apartment in Madrid, Spain for 590,000 €

Renovated two-bedroom apartment in Madrid, Spain

590,000 €

£508,000

Total area 75 m²2 bedrooms1 bathroom

One-bedroom apartment in a house with a swimming pool, Madrid, Spain for 277,000 €

One-bedroom apartment in a house with a swimming pool, Madrid, Spain

277,000 €

£239,000

Total area 47 m²1 bedroom1 bathroom

2 months ago

Discounted apartments and new-builds upon request

Send us an enquiry, we will find advantageous offers for you

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Ksenia Kolesnikova,

Real Estate Expert

Furnished two-bedroom apartment in Madrid, Spain for 252,000 €

Furnished two-bedroom apartment in Madrid, Spain

252,000 €

£217,000

Total area 60 m²2 bedrooms1 bathroom

2 months ago

One-bedroom modern apartment in Madrid, Spain for 380,000 €

One-bedroom modern apartment in Madrid, Spain

380,000 €

£327,000

Total area 50 m²1 bedroom1 bathroom

Elegant three-room apartment in Madrid, Spain for 229,000 €

Elegant three-room apartment in Madrid, Spain

229,000 €

£197,000

Total area 42 m²2 bedrooms2 bathrooms

2 months ago

Two-bedroom renovated apartment in Madrid, Spain for 360,000 €

Two-bedroom renovated apartment in Madrid, Spain

360,000 €

£310,000

Total area 45 m²2 bedrooms1 bathroom

Two-bedroom apartment with a terrace and a parking, San Isidro, Spain for 114,000 €

Two-bedroom apartment with a terrace and a parking, San Isidro, Spain

114,000 €

£98,000

Total area 59 m²2 bedrooms1 bathroom

Renovated two-bedroom apartment in Madrid, Spain for 250,000 €

Renovated two-bedroom apartment in Madrid, Spain

250,000 €

£215,000

Total area 43 m²2 bedrooms1 bathroom

2 months ago

Furnished four-room apartment in Chamartin area, Madrid, Spain for 520,000 €

Furnished four-room apartment in Chamartin area, Madrid, Spain

520,000 €

£448,000

Total area 80 m²3 bedrooms2 bathrooms

Renovated one-bedroom apartment in Madrid, Spain for 315,000 €

Renovated one-bedroom apartment in Madrid, Spain

315,000 €

£271,000

Total area 37 m²1 bedroom1 bathroom

Furnished three-bedroom apartment in El Retiro area, Madrid, Spain for 549,000 €

Furnished three-bedroom apartment in El Retiro area, Madrid, Spain

549,000 €

£473,000

Total area 130 m²3 bedrooms2 bathrooms

Luxury apartment in a classic style, Madrid, Spain for 5,000,000 €

Luxury apartment in a classic style, Madrid, Spain

5,000,000 €

£4,305,000

Total area 379 m²4 bedrooms4 bathrooms

Renovated four-room apartment in the Salamanca area, Madrid, Spain for 570,000 €

Renovated four-room apartment in the Salamanca area, Madrid, Spain

570,000 €

£491,000

Total area 87 m²3 bedrooms2 bathrooms

Duplex in a historic building, Madrid, Spain for 1,500,000 €

Duplex in a historic building, Madrid, Spain

1,500,000 €

£1,292,000

Total area 143 m²

Luxury apartment in a historic building, Salamanca, Madrid, Spain

4,200,000 €

£3,617,000

Total area 300 m²

Modern apartment in the central area of the city, Madrid, Spain for 385,000 €

Furnished

Modern apartment in the central area of the city, Madrid, Spain

385,000 €

£332,000

Total area 50 m²1 bathroom

Furnished apartment with a terrace, Madrid, Spain for 398,000 €

With balcony/terrace

Furnished apartment with a terrace, Madrid, Spain

398,000 €

£343,000

Total area 45 m²1 bathroom

Three-room furnished apartment in a prestigious area of the city, Madrid, Spain for 449,000 €

Furnished

Three-room furnished apartment in a prestigious area of the city, Madrid, Spain

449,000 €

£387,000

2 bedrooms1 bathroom

With balcony/terrace

Renovated apartment with a terrace, Madrid, Spain

398,000 €

£343,000

Total area 45 m²1 bedroom1 bathroom

Furnished apartment in a prestigious area of the city, Madrid, Spain for 269,000 €

Furnished apartment in a prestigious area of the city, Madrid, Spain

269,000 €

£232,000

Total area 46 m²

Light apartment in a prestigious area of the city, Madrid, Spain for 449,000 €

Light apartment in a prestigious area of the city, Madrid, Spain

449,000 €

£387,000

Total area 80 m²2 bedrooms2 bathrooms

Similar properties in Madrid and surrounding areas

Two-bedroom apartment in a new residential complex near the beach, Torrevieja, Spain

140,000 €

With balcony/terrace

Total area 73 m²2 bedrooms2 bathrooms

Comfortable apartment with a parking in a residential complex with swimming pools, gardens and sports facilities, Benidorm, Spain

781,000 €

Garden view

Total area 240 m²4 bedrooms2 bathrooms

Comfortable apartment with a terrace in a residential complex with swimming pools and a gym, Deese de Campoamor, Spain

210,000 €

With balcony/terrace

Total area 95 m²2 bedrooms1 bathroom

New apartments 200 meters from the beach, Torrevieja, Alicante, Spain

145,000 €

With balcony/terrace

Total area 73 m²2 bedrooms2 bathrooms

Four-room furnished apartment near the beach in Poblenou, Barcelona, Spain

645,000 €

Total area 95 m²3 bedrooms2 bathrooms

Three-bedroom apartment in a complex on the first line from the sea, Oropesa del Mar, Spain

248,000 €

Sea view

Total area 92 m²3 bedrooms2 bathrooms

Sea and mountain view apartment with a terrace, in a residence with a garden, a swimming pool and a parking, in Marbella, Malaga, Spain

350,000 €

With balcony/terrace

2 bedrooms2 bathrooms

Modern apartment with a terrace and sea and mountain views in a residence with a pool, near the beach, Benaavis, Costa del Sol, Spain

199,000 €

With balcony/terrace

Total area 106 m²2 bedrooms2 bathrooms

New two-bedroom apartment 100 m from the sea, Poblenou area, Barcelona, Spain

426,000 €

Total area 82 m²2 bedrooms2 bathrooms

New two-bedroom apartment in Les Corts, Barcelona, Spain

505,000 €

Total area 72 m²2 bedrooms1 bathroom

Two-bedroom apartment in a new building with a swimming pool, Les Corts, Barcelona, Spain

510,000 €

Total area 72 m²2 bedrooms1 bathroom

Two-bedroom apartment in a new building, in Les Corts, Barcelona, Spain

490,000 €

Total area 72 m²2 bedrooms1 bathroom

Three-room apartment with a terrace and a garden in a new house, Eixample Esquerra, Barcelona, Spain

570,000 €

Total area 97 m²Land area: 30 m²2 bedrooms2 bathrooms

Stylish renovated apartment in a historic building, Barcelona, Spain

695,000 €

Total area 126 m²3 bedrooms2 bathrooms

Renovated apartment in an original building of the 19th century with an elevator, in the prestigious Gothic Quarter, Barcelona, Spain

605,000 €

Total area 89 m²2 bedrooms2 bathrooms

New apartment in a historic building, in the center of Barcelona, Spain

365,000 €

Total area 63 m²2 bedrooms2 bathrooms

New two-bedroom apartment in Granollers, Barcelona, Spain

443,000 €

Total area 100 m²2 bedrooms2 bathrooms

Two-bedroom penthouse in a renovated building, Barcelona, Spain

625,000 €

Total area 81 m²2 bedrooms2 bathrooms

Two-bedroom apartment in a residential complex on the first line from the sea, Oropesa del Mar, Spain

205,000 €

Sea view

Total area 80 m²2 bedrooms2 bathrooms

Beachfront duplex apartment with two entrances, Sant Pol de Mar, Spain

680,000 €

Total area 150 m²4 bedrooms4 bathrooms

Modern apartment with a balcony in a renovated historic building, in the Gothic Quarter, Barcelona, Spain

450,000 €

Total area 70 m²2 bedrooms2 bathrooms

Comfortable apartment with a parking in a residential complex with swimming pools, gardens and sports facilities, Benidorm, Spain

420,000 €

Garden view

Total area 140 m²3 bedrooms2 bathrooms

New spacious apartment with a large terrace overlooking the sea, on the coast of Costa Blanca, Finestrat, Spain

175,000 €

With balcony/terrace

Total area 76 m²Land area: 50,000 m²2 bedrooms2 bathrooms

One-bedroom apartment in a renovated building, in the historic center of Barcelona, Spain

320,000 €

Total area 47 m²1 bedroom1 bathroom

New apartments on the first line from the sea, Denia, Alicante, Costa Blanca, Valencia, Spain

174,000 €

Sea view

Apartments for sale in Madrid

Discounted apartments and new-builds upon request

Similar properties in Madrid and surrounding areas

FAQ about Madrid

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