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. When buying a property, you can get a residence permit in Spain, which will allow you to legally reside in the country. At the moment, the most suitable program for obtaining a Spanish residence permit is a Non-Lucrative residence visa in Spain . The main requirement of the program is to provide sufficient financial guarantees, as well as the availability of housing in Spain. Until 2025, investors had the opportunity to apply for a golden visa to Spain when buying real estate starting from 500 thousand euros, and the program has been officially closed since April 2025.

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.

143 Apartments for Sale in Madrid, Buy Flat from 252,000€

Order by:

price low to highlow to highprice high to lowhigh to lownewest firstnew

Apartment in an apartment complex with gym and concierge, Madrid for 585,000 €

With balcony/terrace

Apartment in an apartment complex with gym and concierge, Madrid

585,000 €

£493,000

Total area 100 m²3 bedrooms2 bathrooms

Renovated flat in the centre of Madrid, Spain for 699,000 €

With balcony/terrace

Renovated flat in the centre of Madrid, Spain

699,000 €

£589,000

Total area 77 m²2 bedrooms2 bathrooms

Sea view

Аpartments with views of the sea, mountains and golf course, Costa del Sol

From 380,000 €

Swimming pool Underground parking Golf course Private garden Terrace

Renovated flat with designer furniture, Madrid, Spain for 919,000 €

With balcony/terrace

Renovated flat with designer furniture, Madrid, Spain

919,000 €

£775,000

Total area 96 m²3 bedrooms3 bathrooms

Renovated flat with designer furniture, Madrid, Spain for 999,000 €

With balcony/terrace

Renovated flat with designer furniture, Madrid, Spain

999,000 €

£842,000

Total area 91 m²3 bedrooms3 bathrooms

Renovated flat with designer furniture, Madrid, Spain for 849,000 €

With balcony/terrace

Renovated flat with designer furniture, Madrid, Spain

849,000 €

£716,000

Total area 89 m²3 bedrooms3 bathrooms

With balcony/terrace

Renovated flat with designer furniture, Madrid, Spain

919,000 €

£775,000

Total area 90 m²3 bedrooms3 bathrooms

Discounted apartments and new-builds upon request

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

Send a discount enquiry

Ksenia Kolesnikova,

Client manager

We find off-market properties
We organise viewings
We assist in obtaining a mortgage

Flat with designer furniture in a lively central area, Madrid, Spain for 749,000 €

With balcony/terrace

Flat with designer furniture in a lively central area, Madrid, Spain

749,000 €

£631,000

Total area 93 m²2 bedrooms2 bathrooms

New flat with designer furniture, Madrid, Spain for 879,000 €

With balcony/terrace

New flat with designer furniture, Madrid, Spain

879,000 €

£741,000

Total area 83 m²2 bedrooms2 bathrooms

New flat with designer furniture, Madrid, Spain for 1,449,000 €

With balcony/terrace

New flat with designer furniture, Madrid, Spain

1,449,000 €

£1,222,000

Total area 186 m²3 bedrooms3 bathrooms

New flat with designer furniture and appliances, Madrid, Spain for 1,985,000 €

With balcony/terrace

New flat with designer furniture and appliances, Madrid, Spain

1,985,000 €

£1,673,000

Total area 200 m²3 bedrooms4 bathrooms

Renovated flat with designer furniture, Madrid, Spain for 1,199,000 €

With balcony/terrace

Renovated flat with designer furniture, Madrid, Spain

1,199,000 €

£1,011,000

Total area 125 m²3 bedrooms3 bathrooms

Renovated flat with designer furniture, Madrid, Spain for 689,000 €

With balcony/terrace

Renovated flat with designer furniture, Madrid, Spain

689,000 €

£581,000

Total area 91 m²2 bedrooms2 bathrooms

Renovated penthouse in a prestigious area of Madrid, Spain for 1,350,000 €

With balcony/terrace

Renovated penthouse in a prestigious area of Madrid, Spain

1,350,000 €

£1,138,000

Total area 165 m²3 bedrooms3 bathrooms

Renovated flat near metro, Madrid, Spain for 989,000 €

With balcony/terrace

Renovated flat near metro, Madrid, Spain

989,000 €

£834,000

Total area 131 m²2 bedrooms2 bathrooms

Renovated flat in a lively area of Madrid, Spain for 899,000 €

With balcony/terrace

Renovated flat in a lively area of Madrid, Spain

899,000 €

£758,000

Total area 88 m²2 bedrooms2 bathrooms

Renovated flat with balconies, Madrid, Spain for 1,050,000 €

With balcony/terrace

Renovated flat with balconies, Madrid, Spain

1,050,000 €

£885,000

Total area 105 m²3 bedrooms2 bathrooms

Renovated penthouse in the centre of Madrid, Spain for 535,000 €

With balcony/terrace

Renovated penthouse in the centre of Madrid, Spain

535,000 €

£451,000

Total area 71 m²2 bedrooms1 bathroom

Renovated flat in a house with swimming pool, Madrid, Spain for 1,080,000 €

With balcony/terrace

Renovated flat in a house with swimming pool, Madrid, Spain

1,080,000 €

£910,000

Total area 123 m²3 bedrooms3 bathrooms

Flat in complex with swimming pools and tennis court, Madrid, Spain for 945,000 €

With balcony/terrace

Flat in complex with swimming pools and tennis court, Madrid, Spain

945,000 €

£797,000

Total area 160 m²3 bedrooms3 bathrooms

New flat with terraces and designer furniture, Madrid, Spain for 829,000 €

With balcony/terrace

New flat with terraces and designer furniture, Madrid, Spain

829,000 €

£699,000

Total area 94 m²3 bedrooms3 bathrooms

Furnished flat in a popular area of Madrid, Spain for 919,000 €

With balcony/terrace

Furnished flat in a popular area of Madrid, Spain

919,000 €

£775,000

Total area 112 m²3 bedrooms3 bathrooms

Flat in a prestigious neighbourhood in Salamanca, close to the park and shops, Madrid, Spain for 1,600,000 €

With balcony/terrace

Flat in a prestigious neighbourhood in Salamanca, close to the park and shops, Madrid, Spain

1,600,000 €

£1,349,000

Total area 167 m²3 bedrooms4 bathrooms

Penthouse with terrace, gym, swimming pool, Madrid for 610,000 €

With balcony/terrace

Penthouse with terrace, gym, swimming pool, Madrid

610,000 €

£514,000

Total area 112 m²2 bedrooms1 bathroom

Furnished flat in a lively neighbourhood with shops, cafes and taverns, Madrid, Spain for 1,499,000 €

With balcony/terrace

Furnished flat in a lively neighbourhood with shops, cafes and taverns, Madrid, Spain

1,499,000 €

£1,264,000

Total area 200 m²3 bedrooms3 bathrooms

Furnished flat in a lively neighbourhood with shops, cafes and taverns, Madrid, Spain for 1,079,000 €

With balcony/terrace

Furnished flat in a lively neighbourhood with shops, cafes and taverns, Madrid, Spain

1,079,000 €

£910,000

Total area 116 m²2 bedrooms2 bathrooms

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Tranio’s client cases

All cases

25 April 2024
Tranio case: buying an apartment in Madrid and obtaining Spain Golden Visa
Today Spain is one of the most popular EU countries for obtaining a residency by investments. To participate in the Spain Golden Visa programme, an investor must invest more than 500 thousand euros in the state economy or...
17 July 2015
Owning property in Spain: a British perspective
Steve, an English expat in Moscow, Russia, bought a flat in Spain. Two years on, we asked him for the British perspective on Spain’s real estate, buyer’s remorse and bureaucracy.
24 January 2024
Tranio’s client experience: buying a second home on the Costa Blanca
Spanish real estate has consistently been in high demand in the past few decades.
02 September 2016
The quest for the Golden Visa: a Tranio.com client on buying a flat in Estepona, Spain
Tranio.com’s client describes buying a Spanish property to obtain a Golden Visa residence permit.
15 January 2016
Risk-free transaction: this Tranio client bought a foreclosed flat in Marbella
This buyer chose a foreclosed flat in Spain’s upmarket Marbella. She tells us why she decided on this property that didn’t even make it to her shortlist.
12 September 2015
Profitable pleasure: two months rent covers Tranio buyer’s yearly costs
Dmitry, an entrepreneur from Moscow, bought a holiday home in Alicante on the Costa Blanca in 2014 with Tranio. One year later, we met with him to see how things were going.
10 September 2015
Keeping it in the family: three sisters buy a flat in Torrevieja
It's easier to buy property abroad when your family is behind you. This is how three sisters in their early sixties, Irina and Marina and Irina bought a holiday home in Torrevieja.
25 August 2015
Golden visas and marinas: yacht-aficionado buys luxury villa in Spain
Eugene, chief executive of a major Russian company, first considered buying property abroad when he took up yachting. We talked to him after he bought a villa in Catalonia near a marina.
06 May 2025
The Art of Renovation in Northern Athens and One-Stop-Shop Service of Tranio Hellas: Why Investor Bought Apartment...
Tranio has been operating in the Greek property market since 2010, selecting homes for clients from trusted partners across different regions — both in cities and in coastal resort locations.
28 February 2025
The Master Key: How a Tranio Client Optimised Taxes Through Real Estate Investment in Cyprus
Cyprus is one of the most sought-after destinations for tax optimisation, offering a transparent legal framework, full EU membership, and attractive conditions for foreign investors.

What they say about Tranio

All reviews

First and foremost Tranio is a very motivated team of professionals who surely know their job! We are very pleased with their well-coordinated work, timeliness of responses to the questions posed, and willingness to act in case of unusual situations.
Original letter

Coldwell Banker
It is with much enthusiasm that I personally recommend Tranio for a professional business collaboration in the ﬁeld of real estate, marketing, acquisition, and ﬁnance. The fundamentals of our business relationship with Tranio were set in 2016. Mundial AG has received the company’s great reputation throughout a number of international business pai’tners and stockholders. Tranio has helped our company to expand its horizons to the global market and has established benchmarks that would extend Mundial AG’s networks. The company has exceptional connections to potential investors and has a proﬁcient team that is capable of forming compound ﬁnancial models that attract ﬁnanciers. The cooperation with Tranio is based on professionalism, effectiveness, and Hypovﬂemsbank scrupulousness. Our experiences with Tranio are encouraging and progressive, which makes them one of our preeminent business paitners.
Original letter

Z. Farkas, Mundial AG
We are glad to have a partnership with Tranio! It offers a vast online property base and the best services.

Quality Villas

Apartments for sale in Madrid