Apartment

€290,000 | 59 m² | 2 bedrooms | 1 bathroom
<h3>Great investment and housing opportunity in Tetuán</h3>
We present this magnificent opportunity in one of Madrid's most sought-after areas. Located on Avenida del Doctor Federico Rubio y Galí, this 59 m² apartment stands out for its great potential for renovation and appreciation, making it an ideal option for both those looking for their first home and investors seeking excellent returns.
The apartment comprises two bedrooms, a full bathroom, a separate kitchen, and a living room. Its exterior orientation provides pleasant natural light throughout the day, while its high ceilings create a sense of spaciousness and offer numerous design possibilities and space optimization options.
Located on a very well preserved and maintained estate, this property allows you to create a modern and functional home adapted to current needs, in a consolidated environment with all services within minutes.
An excellent opportunity to acquire a property with growth potential in a strategic location in Madrid.
<h3>Location and communications</h3>
The property is located in the Tetuán district, very close to the Guzmán el Bueno, Cuatro Caminos, and Alvarado metro stations, with quick access to the city center, major universities, and business districts. It also benefits from numerous bus lines that facilitate daily commutes.
Its excellent location allows you to enjoy some of the capital's highlights, being just minutes from the University City, the iconic Cuatro Caminos roundabout, the Paseo de la Castellana, and the AZCA financial district. It is also close to the Central Red Cross Hospital, Nuevos Ministerios, Moncloa, and the iconic Santiago Bernabéu Stadium, offering added value both for those seeking a permanent residence and for those looking to make an investment with high demand and future potential.
A unique opportunity to live or invest in one of the areas with the greatest potential and demand in Madrid.

Renovation and interior design projects to optimize homes in Barcelona, with comprehensive, functional management aligned with each objective.

Renovation and interior design projects to optimize homes in Madrid, with comprehensive, functional management aligned with each objective.

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Comprehensive coverage for homes in Barcelona, with professional management, personalized advice, and solutions tailored to each need.

Comprehensive coverage for homes in Madrid, with professional management, personalized advice, and solutions tailored to each need.

Short Term Rental: If you are looking for an apartment to stay in Barcelona for a while, whether for work, studies, or medical treatment, we offer fully furnished apartments located in the best neighborhoods that will let you live like a local.

Fully equipped homes for temporary stays in Barcelona, with comprehensive management, legal security, and personalized service for owners and tenants.

Fully equipped homes for temporary stays in Madrid, with comprehensive management, legal security, and personalized service for owners and tenants.

From 32 days to 11 months in Barcelona

Apartment Sales in Barcelona: At ShBarcelona, we specialize in both buying and selling apartments and houses in Barcelona. Not only that, we also prepare your property to get the best price for your home.

Homes for sale in Madrid: At ShMadrid we specialize in both buying and selling apartments and houses in Madrid. But not only that, we also prepare your property to achieve the best price for your home.

Professional real-estate advice for selling homes in Barcelona, with comprehensive, transparent, results-oriented management.

Professional real-estate advice for selling homes in Madrid, with comprehensive, transparent, results-oriented management.

Property sales in Barcelona

Holiday Rental: In our apartments, you will feel at home. Enjoy your holidays in a rental apartment for a few days in Barcelona. You can book up to a maximum of 30 nights in our holiday rental apartments.

Holiday Rental: In our apartments, you will feel at home. Enjoy your holidays in a rental apartment for a few days in Madrid. You can book up to a maximum of 30 nights in our holiday rental apartments.

Homes intended for short stays in Barcelona, with comprehensive management, regulatory compliance, and a professional service focused on maximizing returns.

Homes intended for short stays in Madrid, with comprehensive management, regulatory compliance, and a professional service focused on maximizing returns.

From 1 day to 31 days in Barcelona

From 1 day to 31 days in Madrid

Long-Term Rental: At ShBarcelona, we have an international team of professionals ready to help you find the long-term accommodation that best suits your needs. They will also guide you through all the steps required to formalize your rental.

Long-Term Rental: At ShMadrid we have an international team of professionals ready to help you find the long-term accommodation that best suits your needs and will also advise you on all the steps you must follow to formalize your rental.

Homes designed for stable residences in Barcelona, with professional management, legal security, and personalized support throughout the rental process.

Homes designed for stable residences in Madrid, with professional management, legal security, and personalized support throughout the rental process.

From 12 months to 5 years in Barcelona

Renovations and interior design services for rental properties and investment assets in Barcelona.

Short-term rentals, long-term stays, yearly rentals and corporate housing in Barcelona with the same business rules as the legacy backend.

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Check the apartments on our website or with an advisor directly at our office. Choose the reference(s) of the apartments you like the most.

Contact ShBarcelona to get the apartment details and schedule a visit.

Contact ShMadrid to get the apartment details and schedule a visit.

Contact

Make a reservation: “Purchase-Sale” proposal

a. The contract is drafted at the office, indicating the description of the property, the area, the sales conditions, the date for signing the Public Deed, and how the rest of the price will be paid,

b. It is common to advance 10% of the total price at signing, although the parties can agree on a different amount,

c. The law establishes obligations for the parties and regulates the consequences of their potential breach.

If you are a foreigner, you need to apply for the NIE

a. It is essential to purchase property in Spain, open a bank account,

b. If you are outside Spain, you can do this at any Spanish embassy or consulate,

c. If you are in Spain, specifically in Barcelona, you can book an appointment on the website: 

c. If you are in Spain, specifically in Madrid, you can book an appointment on the website: 

d. Required documents: form EX15 in 3 copies, a copy of your passport or ID with the originals, and a copy of the Deposit Contract.

a. You can choose a notary, or we can recommend one for you, there is no cost difference,

a. You will need to make a formal offer at our office,

b. The sale is formalized before the notary,

c. You will pay the remaining price of the sale.

b. You will need to leave a deposit of €2,000 to guarantee the seriousness of your offer,

c. The offer will indicate the proposed dates for the deposit and the signing before the notary,

d. We will forward your offer to the property owner.

Response to your offer within 5 business days

a. If the owner accepts your offer, we proceed to the next step, or

b. If the owner rejects your offer, your deposit will be fully refunded.

Formalize the sale: the “Deposit Contract”

How to buy?

What are the costs involved in buying a property?

You should estimate approximately 12% of the property's price. This amount includes taxes (10% of the total price), the notary's provision of services, and the registration of the deed in the Property Registry (2% of the total price).

What happens if one of the parties fails to meet their commitments?

a. If the seller fails to fulfill their 'Obligation to sell' under the agreed conditions, they must return twice the amount the buyer has paid.

b. If the buyer fails to fulfill their 'Obligation to buy' under the agreed conditions, they will lose the amounts paid as a deposit.

Important

ShBarcelona will inform you of the result of your rental application within 24 hours.

ShMadrid will inform you within 24h of the result of your rental application.

The final formalization of the lease will be subject to the final decision of the landlord. 

During your stay, you can contact ShBarcelona's 24-hour maintenance service. They will assist you, and if necessary, send someone to resolve any issues in the apartment. This service is free. However, please note that if the problem is due to misuse or an accident attributable to the tenant, repair costs will be invoiced.

During your stay, you can contact ShMadrid's 24-hour maintenance service. They will assist you, and if necessary, will send someone to resolve the problem that occurred in the apartment. This service is free. However, please note that if the problem is the result of misuse or an accident attributable to the tenant, repair costs will be billed to you.

all our apartments are furnished and equipped. They all have a washing machine, bedding, and blankets. You just need to bring your personal belongings and your own towels. The apartment is thoroughly cleaned and ready for your arrival.

Results of Your Application

The final cleaning of the apartment is mandatory and will be the responsibility of the tenant. The price is determined based on the total surface area (m2) of the apartment. This amount is pre-established in the contract. You can choose to pay it at the beginning of the reservation or at the end of the contract.

Cleaning

The final formalization of the lease will be subject to the final decision of the landlord.

The reservation holder will be entitled to a full refund of the amount paid to ShBarcelona when the lease contract is not formalized due to reasons attributable to the landlord, without, however, having the right to demand any additional compensation.

The reservation holder will have the right to a full refund of the amount paid to ShMadrid when the lease agreement is not formalized due to causes attributable to the property, without in any case having the right to claim any additional compensation.

It is important to note that, although the apartments have insurance coverage for water, fire, and civil liability damages, this insurance does not cover damage or theft of your belongings. You can contact us to purchase theft insurance.

Contractual Terms

Photocopy of the passport / ID / NIE of the person who will occupy the property

Corporate tax filed in the last financial year (model 200).

Report of the last income tax return of the individual.

Copy of the original employment contract,

Photocopy of the passport / ID / NIE of the person who will occupy the property and Visa (for non-EU citizens)

If you need to open an account, we recommend you go to the Sabadell bank office located at C/ Comte Borrell 87, indicating that you come from ShBarcelona. This process is very quick and simple (approximately 10-15 minutes), you only need to present your passport to open the account.

Additional documentation required depending on your situation:

University registration or nominative payment certificate.

Articles of incorporation of the company and CIF of the company,

Document proving the powers of the legal representative of the company and their ID (or passport),

Documentation

«Minimum» economic conditions to rent an apartment and pick up the keys

The same conditions as explained above + the rent for the 2nd month + the corresponding consumption amount.

pay everything (current month + 2 deposits + provision of services) and you just have to come to our offices to pick up the keys and have your apartment ready.

advance 1 month deposit as a reservation (considered as part of the total to be paid) to secure the rental of your apartment. Pay the rest whenever it suits you best, as long as it is before the keys are handed over.

Our short term rental booking policy does not allow bookings to start more than 12 days after the accommodation availability date. If you find yourself in this situation and are interested in a specific property, contact us to consult directly with the ShBarcelona sales team. 

Our seasonal rental booking policy does not allow reservations that start more than 12 days after the accommodation availability date. If you find yourself in this situation and are interested in a specific property, contact us to consult directly with the ShMadrid sales team.

It is recommended to make reservation payments by bank transfer, using the following bank details:

Once the transfer is made, please send the payment receipt to the contact in charge of your reservation indicating the tenant's name and the apartment reference.

If the contract starts before the 15th of the month (inclusive), the total amount to be paid corresponds to the sum of the following concepts:

You can also use electronic payment methods, but in that case the following management provision of services will be applied: VISA, MATERCARD, 1% on the amount paid, AMERICAN EXPRESS, 3% on the amount paid; other electronic payment methods, consult with our sales team.

The rent for the current month: proportional rent counted from the start date until the end of the month

The minimum deposit: cash deposit equivalent to 2 months' rent

Agency provision of services: depends on the duration of your contract

Between 6 and 11 months: one month's rent + VAT (21%) 

Between 3 and 6 months: 20% discount on the total provision of services,

Between 32 days and 3 months: 30% discount on the total provision of services.

If the contract starts from the 16th of the month, the total amount to be paid corresponds to:

Necessary Financing

Choose your apartment, select the reference of the apartment you like the most by providing the reason and the dates of your stay.

Contact ShBarcelona to obtain the rental conditions and availability confirmation of your apartment.

Contact ShMadrid to obtain the conditions of your rental and the confirmation of availability of your apartment.

How to Reserve?

The key collection will be at our office at C/Sepúlveda, 154 Bajos. Our hours are Monday to Friday from 9:00 a.m. to 6:00 p.m. uninterrupted and Saturdays from 10:00 a.m. to 1:30 p.m.

Outside of these hours, key collection will be directly at the apartment and with an extra charge:

Weekdays from 6:00 p.m. to 10:00 p.m., surcharge of €30 and from 10:00 p.m. to 9:00 a.m., surcharge of €50.

Holidays and weekends surcharge of €30 all day until 10:00 p.m. and €50 after 10:00 p.m., until 9:00 a.m.

Keys in Hand

Maintenance

Consumption is not included in the long-term rental price.

A long-term provision will be charged from the second month of rent depending on the number of bedrooms: 1 bedroom €100, 2 bedrooms €140, 3 bedrooms €180, 4 or more bedrooms €240. These payments will be adjusted at the end of the contract based on the actual consumption in the property.

Energy Consumption

As the new owner, your title will be registered in the Property Registry. This process is handled by the same notary where you signed the purchase.

As a new member of the homeowners' association, you must inform the property administrator so they can notify you of meetings and set up payment arrangements.

You need to contact utility companies (water, gas, and electricity) to change the account holder and set up direct debit, ideally providing actual meter readings.

You must notify the Barcelona City Council to change the name on the IBI (Property Tax) for the year following the purchase.

You must notify the Madrid City Council to change the name on the IBI (Property Tax) for the year following the purchase.

After Sale

As shown in the booking confirmation, you need to contact us when you are close to your final destination.

You will find our contact numbers on the front of this document.

If you are traveling by plane, we remind you to contact us once you have collected your luggage.

If you are coming by car, call us 30 minutes before your arrival.

If you arrive by bus or train, contact us when you reach the station.

Our staff will not go to the apartment you have rented until you have called us.

Arrival

If you wish to cancel your reservation, please note the following:

If you inform us more than 30 days before the check-in date, 50% of the deposit will be charged.

If you inform us 30 days or less before the check-in date, this will result in the total loss of the deposit.

In case of non-compliance with the reservation by the company, the same cancellation policy will apply.

Cancellation policy

The apartment must be vacated before 12:00 PM. After this time, the person in charge of cleaning will prepare the apartment for the next guest. The deposit will be returned upon key handover.

Please leave the apartment in a reasonable condition, which includes taking out the trash and washing the dishes, or an additional cleaning charge will apply.

Upon arrival, during check-in, you will agree with our agent on the departure time to facilitate the return of the keys.

Departure

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Av Dr. Federico Rubio Y Galí - Av Pablo Iglesias

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Av Dr. Federico Rubio Y Galí - Av Pablo Iglesias

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