About Madrid

The Spanish capital has never matched Barcelona for tourist numbers, but those in the know are more than happy to keep the secrets of this fabulous city to themselves. Vibrant and classy, with some of Europe’s best museums and a nightlife that starts late and never seems to stop; Madrid is Spain’s economic hub and a winner for anyone wanting to immerse themselves in a relatively safe and friendly city.
 
Access is excellent. Madrid is in the centre of Spain and is Europe’s gateway to South America. Education is also superb, with international schools in the north and northwest of the city and several good local ones too.

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Where to buy property in Madrid?

Potential rental yields remain good and this is one reason why Chinese property companies are investing heavily in the city. Accountancy firm PwC put Madrid as number three in its investment prospects for 2015, behind Dubai and Berlin.
 
Madrid is divided into 21 districts. The most exclusive areas include the designer shops of historic Salamanca, and also Justicia which is northwest of the centre, with its Parisian-style intimate boutiques and narrow streets. Younger residents in particular like Chueca. Opera el Madrid de los Austrias which is the oldest area of Madrid around Plaza Mayor, attracts a cultural crowd, while food lovers are especially drawn to central Las Letras, the literary district.
 
Other contenders for a city centre property in Madrid include multicultural Lavapies to the south, currently going through the process of gentrification. Offering good value for money is Chamberi which offers larger apartments and then there is the family-focused Retiro area, close to the exceptionally captivating Retiro Park.

 

 
 
Spanish Property

A country as large as Spain offers a big selection of property and areas to live in. Newer homes include seaside apartments and homes on gated golf resorts, but older properties, and especially rural ones, have been attracting buyers eager to connect with an authentic Spanish country lifestyle.