Foreigners can buy a villa in Madrid using the convenient catalog Global Properties. The site offers more than 28 houses in the capital of Spain from popular developers and trusted real estate agencies. Use the convenient filter search to choose the ideal housing unit by price, location, number of bedrooms, and area. Leave your contacts on the site or contact the seller directly to find accommodation that fits your budget and wishes.
- Average price per m²: €3,270.
- Minimum house price in Madrid: €290000.
- Most expensive mansion: €7.5 million.
- Over the last year, the average price of houses for sale in Madrid, Spain has increased by 5.83%.
Bedrooms | Minimum price | Maximum price |
---|---|---|
3-bedroom | €377,000 | €1.59 million |
4-bedroom | €399,000 | €2.45 million |
5-bedroom | €355,000 | €6.9 million |
6-bedroom | €635,000 | €5.5 million |
7-bedroom | €975,000 | €7.5 million |
8-bedroom | €2.1 million | €5.5 million |
- Minimum area: 110 m².
- Largest area: 1,090 m².
To become a holder of a residence permit through the purchase of property in Spain, an investment of at least €500,000 is required. The right to residency also applies to the family members of the homeowner.
Villas for sale in Madrid
The capital of Spain is not only the political, economic, and cultural center of the country but also one of the leading regions for buying real estate. The city is popular with local and international investors due to its dynamic market, which offers a large selection of homes in different price ranges.
The market offers villas and townhouses with 3-9 bedrooms. Some of the mansions are in Mediterranean style, complete with red tile roofs, columns, and mosaics. Others have a modern design, which is reflected in the minimalist exterior, clear forms, and an abundance of glass. The houses are also offered in a European style. Most of them are made of brick and equipped with fireplaces.
Villas in Spain usually have courtyards, balconies, and terraces. An investing house in Madrid is often furnished and has all the necessary appliances. Some mansions have private pools, garages, gyms, elevators, storage rooms, and staff rooms. An investment villa in Madrid can be located in a community, which can provide security and additional amenities such as sports fields, swimming pools, and recreational areas.
New communities with townhouses and detached villas are being built in Madrid. These projects are most often gated and are equipped with sports fields, parking lots, swimming pools, and recreational areas.
The cost of villas in Madrid is one of the highest in the country, which is explained by the favorable location in the capital. The following districts are particularly notable for having some of the most expensive real estate options:
- Salamanca, known for its exclusive mansions in a historic and cultural location, luxury boutiques, fine restaurants, and impressive architecture.
- Chamartin, which offers a mix of residential and commercial areas with a well-established transportation system and proximity to the financial center of the capital. This region is popular with professionals and families because of its prestigious educational institutions and parks.
- Retiro is famous for its attractions: the Prado Museum, a large park, and fashion brand stores.
More affordable options can be found in the suburbs. This is ideal if you want to live in nature while staying close to the city's infrastructure.
Reasons for investing in a house in Madrid
Investors are interested in Spanish real estate because of the country's economic stability, developed infrastructure, and thriving tourism sector. There are many properties on the market, ranging from budget options to luxury mansions in exclusive neighborhoods.
The country is in demand among foreigners who choose a house for their own residence and profitable investment. The “Golden Visa” program allows you to become a resident of Spain. Russian citizens within its framework received 21.8% of such documents; Chinese investors took second place. Visa holders have the following benefits: access to Schengen countries, free health care, primary and secondary education, the opportunity to open a mortgage in a local bank, and tax benefits for businessmen.
The capital's market shows positive dynamics. It accounted for 11.9% of home sales in 2023. The price for a house for sale in Madrid is among the highest in the country. Construction is actively developing here – the region accounts for 15.2% of commissioned housing. The total real estate fund is 11.7% of the number of objects in Spain.
Purchase of villas in Madrid for investment is considered reliable due to the stable rental income. The villa prices in Madrid vary depending on the season, the condition of the housing, and proximity to attractions. Long-term rentals are attractive to professionals, digital nomads, entrepreneurs, and students. Tourists prefer to rent for a few weeks or a month. The return on investment in the city ranges from 3.26% to 7.76% as of Q1 2024.
Buying villas in Madrid
The platform Global Properties offers a wide range of proposals for the sale of houses and apartments in Spain. The site is updated daily and supplemented with offers from verified agencies and developers. The filter search function allows you to conveniently sort real estate by key parameters: price, location, area, number of bedrooms or bathrooms, and additional amenities. A built-in currency converter makes it easy to convert the amount into your preferred currency: euro or dollars. Fill out the form on the website to have an expert help you choose a villa for sale in Madrid that meets your criteria and financial capabilities.