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

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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 €

£507,000

Total area 100 m²3 bedrooms2 bathrooms

Spacious and bright flat with 2 bedrooms, Madrid for 585,000 €

With balcony/terrace

Spacious and bright flat with 2 bedrooms, Madrid

585,000 €

£507,000

Total area 124 m²2 bedrooms2 bathrooms

2 months ago

Tranio’s instruction

Turkish citizenship for the whole family for real estate purchase

From $400,000 · Rental income

Simple registration procedure;
Return on investment;
Temporary residence permit for quick relocation.

Bright spacious apartment, Madrid for 660,000 €

With balcony/terrace

Bright spacious apartment, Madrid

660,000 €

£573,000

Total area 100 m²2 bedrooms2 bathrooms

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

With balcony/terrace

Penthouse with terrace, gym, swimming pool, Madrid

610,000 €

£529,000

Total area 112 m²2 bedrooms1 bathroom

2 months ago

Ground floor flat with garden, Mallrid for 575,000 €

With balcony/terrace

Ground floor flat with garden, Mallrid

575,000 €

£499,000

Total area 107 m²2 bedrooms2 bathrooms

2 months ago

One-bedroom new apartment in an elite complex, Madrid, Spain for 237,000 €

One-bedroom new apartment in an elite complex, Madrid, Spain

237,000 €

£206,000

Total area 58 m²1 bedroom1 bathroom

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

Spacious apartment in a complex with a gym, Madrid for 539,000 €

With balcony/terrace

Spacious apartment in a complex with a gym, Madrid

539,000 €

£468,000

Total area 110 m²3 bedrooms2 bathrooms

Apartment in a residential complex with infrastructure, Madrid for 530,000 €

With balcony/terrace

Apartment in a residential complex with infrastructure, Madrid

530,000 €

£460,000

Total area 120 m²3 bedrooms2 bathrooms

Ground floor flat with private garden, Madrid for 740,000 €

With balcony/terrace

Ground floor flat with private garden, Madrid

740,000 €

£642,000

Total area 143 m²2 bedrooms2 bathrooms

2 months ago

Flat with garden and sports fields, Madrid for 790,000 €

With balcony/terrace

Flat with garden and sports fields, Madrid

790,000 €

£685,000

Total area 121 m²2 bedrooms2 bathrooms

2 months ago

Renovated flat with garden in prestigious area of Madrid, Spain for 590,000 €

With balcony/terrace

Renovated flat with garden in prestigious area of Madrid, Spain

590,000 €

£512,000

Total area 76 m²2 bedrooms2 bathrooms

Flat with swimming pools and terrace, in a quiet urbanisation, Madrid for 750,000 €

With balcony/terrace

Flat with swimming pools and terrace, in a quiet urbanisation, Madrid

750,000 €

£651,000

Total area 102 m²2 bedrooms2 bathrooms

2 months ago

Bright apartment with gym, Madrid for 525,000 €

With balcony/terrace

Bright apartment with gym, Madrid

525,000 €

£455,000

Total area 147 m²3 bedrooms2 bathrooms

Flat with appliances, in a prestigious area of Madrid, Spain for 550,000 €

With balcony/terrace

Flat with appliances, in a prestigious area of Madrid, Spain

550,000 €

£477,000

Total area 103 m²2 bedrooms2 bathrooms

Apartment with pool and garden in a gated complex in Sancinarro for 500,000 €

Furnished

Apartment with pool and garden in a gated complex in Sancinarro

500,000 €

£434,000

Total area 128 m²3 bedrooms2 bathrooms

Flat with swimming pools and sports fields, Madrid for 775,000 €

With balcony/terrace

Flat with swimming pools and sports fields, Madrid

775,000 €

£672,000

Total area 120 m²2 bedrooms2 bathrooms

2 months ago

Renovated flat in an exclusive neighbourhood, Madrid for 550,000 €

With balcony/terrace

Renovated flat in an exclusive neighbourhood, Madrid

550,000 €

£477,000

Total area 69 m²2 bedrooms2 bathrooms

2 months ago

Renovated flat in an exclusive neighbourhood, Madrid for 715,000 €

With balcony/terrace

Renovated flat in an exclusive neighbourhood, Madrid

715,000 €

£620,000

Total area 74 m²2 bedrooms2 bathrooms

2 months ago

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

With balcony/terrace

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

660,000 €

£573,000

Total area 139 m²2 bedrooms2 bathrooms

Apartment in a new residential complex with swimming pools, gardens, playgrounds for 520,000 €

With balcony/terrace

Apartment in a new residential complex with swimming pools, gardens, playgrounds

520,000 €

£451,000

Total area 129 m²2 bedrooms2 bathrooms

Bright flat with swimming pool for 650,000 €

With balcony/terrace

Bright flat with swimming pool

650,000 €

£564,000

Total area 120 m²2 bedrooms2 bathrooms

Spacious apartment in a residential area with gardens and a swimming pool, Madrid for 595,000 €

Garden view

Spacious apartment in a residential area with gardens and a swimming pool, Madrid

595,000 €

£516,000

Total area 115 m²2 bedrooms2 bathrooms

With balcony/terrace

Spacious flat in Madrid

800,000 €

£694,000

Total area 105 m²3 bedrooms2 bathrooms

Flat in the centre of Salamanca district, Madrid for 750,000 €

With balcony/terrace

Flat in the centre of Salamanca district, Madrid

750,000 €

£651,000

2 bedrooms3 bathrooms

2 months ago

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

With balcony/terrace

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

7,525,000 €

£6,528,000

Total area 618 m²5 bedrooms7 bathrooms

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Apartments for sale in Madrid