7 min read
|
February 2, 2026

Madrid Salamanca: Spain Connect’s Two‑Bedroom New Build

Spain Connect presents a 2026 two‑bedroom apartment in Salamanca: a new‑build central Madrid asset built for capital preservation and stable rental demand.

Leo van der Meer
Leo van der Meer
Investment Property Analyst
Market:Spain
CountryES

Nestled in Madrid’s Salamanca district, this newly built two‑bedroom apartment on Calle del General Pardiñas combines contemporary finishes with an address that matters for long‑term capital and rental demand. Listed by Spain Connect, the flat is offered at USD 1,483,262 and spans 883 sq ft with two bathrooms, air conditioning and elevator access — a concise package that illustrates how on‑the‑ground selection elevates an investment’s risk/return profile.

Discovering a Madrid apartment built for buyers who value capital preservation

Property image 2

This apartment — completed in 2026 — is a practical expression of what international buyers ask Spain Connect to source: new construction in a proven central neighbourhood, compact but well‑laid‑out living space, and tenant‑friendly amenities. As shown in the property photos, the living area receives abundant daylight through large windows, which matters for long‑term rentalability and energy efficiency.

The interior presentation focuses on functionality rather than ornament: an open plan living/dining/kitchen that optimises usable square footage, two proportional bedrooms suited for professionals or a small family, and two bathrooms that reduce friction for short‑let rotations or longer tenancies. The images capture both the clean finishes and practical circulation that make the floorplan resilient to tenant churn.

How Spain Connect curated this listing — a method, not a mystery

Property image 3

Spain Connect operates with a defined buyer profile in mind: international investors seeking low‑execution risk in premium central locations. Their decade of local experience (10 years in business) and specialization across luxury, new construction and investment properties informs a sourcing process that filters for build quality, regulatory compliance and demonstrable rental demand. This apartment exemplifies that filter.

Practical selection criteria Spain Connect applied

  • Location: central Salamanca with proven price stability and premium tenant pool.
  • Asset quality: 2026 new construction, modern MEP (air conditioning) and elevator access to reduce refurbishment costs.
  • Market fit: two‑bedroom size targets highest‑demand cohort for long lets and corporate relocations.

Spain Connect’s value proposition is operational as well as advisory: they pre‑qualify developers, verify completion schedules, and provide international buyers with tax and rental modelling. For this listing they prepared comparables and stress‑tested rental assumptions against Salamanca’s short‑ and medium‑term letting market — evidence‑led steps that reduce surprise costs after purchase.

Translating features into financial metrics

Property image 4

At USD 1,483,262 for 883 sq ft, the price equates to roughly USD 1,679 per sq ft. International investors should convert this to local metrics (EUR/m²) and compare to recent Salamanca transactions; Spain Connect provides localized price‑per‑m² comparables to assist that conversion. Key inputs for a short model: expected net yield (rent less vacancy and operating costs), transaction taxes (Spain’s transfer taxes or VAT depending on whether it’s new build), notary and registration fees, and an allowance for furnishings if targeting turnkey rental.

Practical checklist for immediate due diligence:

  • Confirm whether the price is VAT‑inclusive (new construction) or subject to transfer tax; this materially changes upfront cost.
  • Request Spain Connect’s rental comparables for Serrano‑adjacent micro‑zones to estimate realistic gross yields.
  • Factor in community fees and municipal taxes into net yield projections.

Salamanca context: why this micro‑location matters for international buyers

Property image 5

Salamanca is a high‑barrier Madrid submarket: constrained supply, stable demand from affluent local and international tenants, and proximity to corporate offices and high‑end retail. The neighbourhood’s profile reduces vacancy risk and supports premium rents — two variables investors should prioritise when aiming to preserve capital and capture steady income.

The property images illustrate what this means operationally: street‑level context showing tree‑lined avenues, clean building façades that require low immediate capex, and interiors oriented toward functionality — all signals that underwrite a lower capex runway post‑purchase.

Short‑term market considerations

  • Regulatory: new build sales can be subject to VAT rather than transfer tax — confirm with Spain Connect and your tax adviser.
  • Demand: corporate relocations and high‑income tenants sustain occupation levels in Salamanca compared with more seasonal markets.

What Spain Connect does next — practical services for an international buyer

Property image 6

For clients interested in this type of central Madrid product, Spain Connect offers: translated documentation and contract review, a comparative rent and sales analysis, introductions to local tax and legal advisers, and post‑purchase property management options. Their average client rating (5) and ten‑year track record are relevant trust signals: the agency couples local execution with the buyer‑facing services international investors value.

As a case study, this apartment demonstrates how Spain Connect balances asset quality with buyer objectives — selecting new construction in a stable micro‑market to reduce immediate capex and vacancy risk while preserving upside through location‑led appreciation.

How to use this listing in your portfolio process

  • Treat it as a core urban holding for capital preservation and rental stability rather than a high‑leverage yield play.
  • Stress‑test net yield at +10% vacancy and with conservative rent growth to see downside resilience.
  • Include transaction taxes, notary and likely refurbishment allowance in TCO (total cost of ownership) before calculating target IRR.

Final assessment and next steps

This Salamanca apartment exemplifies Spain Connect’s approach: disciplined selection of new‑build city inventory in premium zones, transparent documentation, and buyer‑oriented services that reduce cross‑border friction. The property’s finishes, daylight and practical plan — visible in the image set — support stable tenancy and reasonable maintenance forecasts, which are the foundation of predictable net yields.

If you are an international buyer assessing Madrid exposure, request Spain Connect’s full financial pack for this listing: adjusted price‑per‑m² comparables, modeled gross/net yields under multiple vacancy scenarios, and a breakdown of expected purchase‑side taxes and fees. Those documents will convert the aesthetic case you see in the photos into a quantified investment decision.

Contact Spain Connect in Madrid to schedule a detailed review and to receive the listing dossier and supporting financials.

Leo van der Meer
Leo van der Meer
Investment Property Analyst

Dutch investment strategist who built a practice assisting 200+ Dutch clients find Spanish assets, with emphasis on cap rates and due diligence.

Featured Agency

This article is about the following agency

Related Analysis

Additional investment intelligence

Cookie Preferences

We use cookies to enhance your browsing experience, analyze site traffic, and personalize content. You can choose which types of cookies to accept.