Can foreigners buy houses in Madrid (city)?

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 house in Madrid (city)?

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 house in Spain?

Yes. You will want a bank account in Spain once you have bought your house in Madrid (city). 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.

Houses for sale in Madrid (city) - Buy villas in Madrid (city), homes, cottages, bungalows and mansions

Order by:

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

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 €

£5,245,000

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

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 €

£3,182,000

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

Off-plan property

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

470,000 €

Estimated completion Q3 of 2018

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 €

£2,329,000

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

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 €

£853,000

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

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 €

£1,325,000

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

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 €

£7,734,000

Total area 856 m²Land area: 727 m²4 bedrooms3 bathrooms

Turkish passport for buyers of apartments from $250,000

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Ekaterina Maslova

Senior Residence and Citizenship Advisor

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 €

£1,529,000

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

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 €

£2,534,000

Total area 413 m²Land area: 979 m²4 bedrooms4 bathrooms

Comfortable villa with a garden, a pool and a terrace, Madrid, Spain for 1,800,000 €

With swimming pool

Comfortable villa with a garden, a pool and a terrace, Madrid, Spain

1,800,000 €

£1,600,000

Total area 370 m²Land area: 450 m²5 bedrooms4 bathrooms

Spacious villa with a garden, a pool and a terrace, Fuente el Fresno, Spain for 850,000 €

With swimming pool

Spacious villa with a garden, a pool and a terrace, Fuente el Fresno, Spain

850,000 €

£756,000

Total area 563 m²Land area: 1,875 m²7 bedrooms6 bathrooms

Modern villa with a pool, a garden and a terrace, Madrid, Spain for 2,650,000 €

With swimming pool

Modern villa with a pool, a garden and a terrace, Madrid, Spain

2,650,000 €

£2,356,000

Total area 538 m²Land area: 1,134 m²6 bedrooms7 bathrooms

Townhome – Madrid (city), Madrid, Spain for 265,000 €

Townhome – Madrid (city), Madrid, Spain

265,000 €

£236,000

Total area 98 m²3 bedrooms2 bathrooms

Stunning house with pool and garden, close to a park in Mas Ram, a suburb of Barcelona. Price on request

With swimming pool

Stunning house with pool and garden, close to a park in Mas Ram, a suburb of Barcelona

Price on request

Total area 370 m²Land area: 1,050 m²4 bedrooms3 bathrooms

Villa – Madrid (city), Madrid, Spain for 329,000 €

Villa – Madrid (city), Madrid, Spain

329,000 €

£292,000

Total area 132 m²3 bedrooms2 bathrooms

Spacious house with a parking and balconies, Madrid, Spain for 4,200,000 €

With balcony/terrace

Spacious house with a parking and balconies, Madrid, Spain

4,200,000 €

£3,734,000

Land area: 323 m²9 bedrooms9 bathrooms

Castle – Madrid (city), Madrid, Spain

9,000,000 €

£8,001,000

Total area 1,000 m²Land area: 285,000 m²

Similar properties in Madrid (city) and surrounding areas

Detached 3 bedroom villa in Los Montesinos, Spain

316,000 €

With swimming pool

Total area 118 m²Land area: 201 m²3 bedrooms2 bathrooms

New comfortable villa with a swimming pool, an elevator and a garage in a luxury area, near the sea, Benalmadena, Spain

1,490,000 €

With swimming pool

Total area 483 m²Land area: 600 m²4 bedrooms3 bathrooms

Spacious villa with a swimming pool, a seating area, a garden, a terrace and a parking, Benidorm, Spain

720,000 €

With swimming pool

Total area 140 m²Land area: 700 m²4 bedrooms3 bathrooms

Three-storey house with a swimming pool, a garden and picturesque views near the beach, Sant Vicenç de Montalt, Spain

745,000 €

Total area 441 m²Land area: 831 m²6 bedrooms4 bathrooms

Two-storey villa with a garden, a swimming pool and a garage, Sant Andreu de Llavaneres, Spain

1,800,000 €

Total area 385 m²Land area: 2,000 m²4 bedrooms4 bathrooms

New villa with a swimming pool, an elevator and a garage in a luxury area, near the sea, Benalmadena, Spain

1,550,000 €

With swimming pool

Total area 534 m²Land area: 600 m²4 bedrooms4 bathrooms

Comfortable villa with a private pool, a garden, a garage and a terrace, Benidorm, Spain

429,000 €

With swimming pool

Total area 124 m²Land area: 527 m²3 bedrooms3 bathrooms

Two-storey villa with a swimming pool and a garden in a quiet area, Argentona, Spain

750,000 €

Total area 350 m²Land area: 850 m²4 bedrooms5 bathrooms

Villa – Cabrera de Mar, Catalonia, Spain

760,000 €

With swimming pool

Total area 375 m²Land area: 1,580 m²4 bedrooms3 bathrooms

Comfortable cottage with a terrace, a solarium and a garden, Alicante, Spain

189,000 €

With garden

Total area 105 m²3 bedrooms2 bathrooms

Traditional Villa with modern Touch Puerto del Almendro

1,095,000 €

With garden

Total area 2,042 m²Land area: 2,042 m²3 bedrooms1 bathroom

Villa for sale, Marbella Golden Mile

2,326,000 €

With swimming pool

Total area 479 m²3 bedrooms3 bathrooms

Cozy cottage with a terrace and a parking in a residential complex with a swimming pool, Torrevieja, Spain

189,000 €

With swimming pool

Total area 97 m²3 bedrooms3 bathrooms

Luxury modern villa with stunning sea views, Elviria, Marbella, Spain

3,500,000 €

With swimming pool

Total area 955 m²Land area: 3,000 m²8 bedrooms8 bathrooms

Cozy cottage with a backyard, a sitting area, a terrace and a garage, Deesa de Campoamor, Spain

294,000 €

Total area 168 m²3 bedrooms2 bathrooms

Villa with a garden, a swimming pool and a garage, Torrevieja, Alicante, Spain

360,000 €

With swimming pool

Total area 254 m²Land area: 777 m²4 bedrooms4 bathrooms

Villa with a swimming pool and a parking near parks, Torrevieja, Spain

550,000 €

With swimming pool

Total area 200 m²Land area: 900 m²4 bedrooms3 bathrooms

Corner cottage with a garden in a residence with a swimming pool, Torrevieja, Spain

120,000 €

With swimming pool

Total area 58 m²2 bedrooms1 bathroom

Exclusive villa with a swimming pool, a garden, a garage, a terrace and panoramic sea views, in a prestigious area, Andratx, Mallorca, Spain

6,800,000 €

With swimming pool

Total area 730 m²Land area: 1,000 m²5 bedrooms4 bathrooms

Spacious villa with a plot, a pool, a parking and terraces, Marbella, Spain

3,590,000 €

With swimming pool

Total area 385 m²Land area: 1,539 m²5 bedrooms3 bathrooms

Modern villa with a garden, a pool, a relaxation area, a terrace and a garage, Marbella, Spain

1,950,000 €

With swimming pool

Total area 633 m²Land area: 1,182 m²5 bedrooms5 bathrooms

New villa with a pool, a garden, a garage and a terrace, Las Colinas, Spain

469,000 €

With swimming pool

Total area 125 m²Land area: 509 m²3 bedrooms2 bathrooms

New bungalow complex with a swimming pool, Benidorm, Spain

179,000 €

With swimming pool

Total area 131 m²2 bedrooms2 bathrooms

Two-storey villa with two terraces, a pool, a patio and a garage, Costa Adeje, Spain

1,075,000 €

With swimming pool

Total area 218 m²3 bedrooms3 bathrooms

Comfortable villa with a terrace, a pool and sea views, near the golf course and the beach, Marbella, Costa del Sol, Spain

1,300,000 €

With swimming pool

Total area 239 m²Land area: 745 m²4 bedrooms4 bathrooms

Houses for sale in Madrid (city)

Turkish passport for buyers of apartments from $250,000

Similar properties in Madrid (city) and surrounding areas

FAQ about Madrid (city)

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