2021 is a great year for real estate investment in Madrid: expert opinion

Today Madrid is considered to be one of the leading cities in the international ranking of investment opportunities. Experts expect that this year housing prices here will rise by 3%, and in 2022 - by another 6%. The main factor influencing the popularity of this city is that it shows a fairly fast pace of recovery from the crisis associated with the pandemic.

Also Madrid is popular due to the fact that it is the capital of one of the largest countries in Europe. The city has a modern and developed infrastructure, high-quality medical care. Many young people from other countries come here for education purposes.

What kind of property can one buy in Madrid?

In 2021, almost 18 thousand real estate deals were successfully concluded in the city. The investors include both Spanish and foreign buyers. They often chose high quality housing.

In Madrid investors have a vast variety of options to choose from. On average, prices look like this:

• a small apartment in the city can be purchased for around 120 thousand euros;
• the house will cost 250 thousand euros;
• a villa or a comfortable apartment can be bought for 1-5 million euros.

One additional advantage for buyers of luxury real estate in Spain is that they can obtain a residence permit through this purchase. Subsequently it allows investors to obtain the citizenship of the country. To participate in this program one needs to invest an amount of more than 500 thousand euros.