Madrid’s real estate market has grown enormously in popularity in the last decade. This is driven by foreigners who look for an exciting escape to a sunny heaven. It is a very lively city. What it lacks in gorgeous coastline is overshadowed by with gazillions of other positive points to make it a property hot spot and a desirable city to buy a property. Madrid’s friendly locals, rich history and culture, and unmatched nightlife give it a unique atmosphere that many visitors have definitely not experienced in any city in Europe.
As a result, more and more foreigners every year are searching for investment properties in Madrid. In Britain, for example, it has become common for buyers to turn to Madrid rather than the housing market in Britain. The Spanish Housing Ministry in 2006 announced the real state prices had risen by about 9.1%, much lower than the previous year (12.8%). Many property experts suggest that this drop may just be a temporary glitch.
If you are considering to buy a real estate in Madrid then check out the following property agents:
SP Internacionales
Torrecilla del Puerto, 5 Madrid 28043
Tel +34 917219530
Madrid Historicos
C/Segovia 15, Madrid 28005 (They also have a London office, see website for details)
Tel: +34 913657988
Unicasa
Paseo Extremadura 65, Madrid 28011
Tel: +34 914632854
Rent and Buy
López Aranda 22 Madrid 28027
Tel: +34 913208961
