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🇪🇸🏘 MADRID – THE THIRD BEST CITY IN EUROPE FOR REAL ESTATE INVESTMENT
#Alegria_News
According to the annual "Emerging Trends in Real Estate Europe" report, prepared by the consulting firm PwC and the Urban Land Institute (ULI), Madrid ranks third in the list of European cities with the best prospects for real estate investment in the coming months. In this regard, the Spanish capital is surpassed only by London and Paris.
Madrid has emerged as one of the fastest-growing European real estate markets in terms of investment opportunities over the last decade, having remained in the top ten since 2015. A favorable climate, investments made by local authorities in basic infrastructure, flexible development standards, and quality of life have ultimately paid off.
Investors and developers find Spain particularly attractive in three main sectors: residential real estate, student housing, and hotels. This is due to a number of reasons, the most significant of which are the high growth rates of tourism and its share in the country's GDP, a shortage of affordable housing in key cities (Madrid and Valencia) combined with internal migration processes, an imbalance between supply and demand, and the high profitability of student housing, for which demand is constantly growing.
Despite the high cost of financing and a decline in real estate transaction volumes, hindered by rising interest rates, investor sentiment remains generally optimistic. They are expected to increase their presence in sectors such as new energy infrastructure, data centers, and healthcare.
🔥 Our real estate specialists will be happy to advise you on buying, selling, or investing in Madrid at:
📍 P.º de la Castellana 200, 28046, Madrid, Spaces — Madrid, Spaces Castellana, Spain
📲 Phone: +34 625 909 427 (WhatsApp, Viber, Telegram)
📩 E-mail: evgeniy@alegria-realestate.com
🤳🏼 Instagram: @alegriadom_madrid
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Edited: 29.11.2023 11:58