Madrid is the capital of Spain. It is a thriving centre of commerce, aptly located in the
heart of the country on the Castillian plains. The Spanish capital is home to arguably
the world's most famous football team - Real Madrid CF - and is highly respected as a
city of culture and artistic flair, as well as being a hotspot for Spanish property
investment.
The city of Madrid is currently experiencing a housing shortage. New developments
are coming online all the time to cope with the housing demands of Madrid's
burgeoning population. Family homes and apartments of two and three bedrooms are
the most sought after type of Madrid property, and many new developments are
concentrating on building this type of property.
Madrid property prices are relatively cheap, especially when compared to cities like
London. A large 3-bedroom apartment in the more fashionable sectors of Madrid can
be purchased at the same price as it would cost to purchase a one-bedroom flat in a
less-fashionable part of London. As a result, there is a great deal of potential for
property investors who are looking to buy Spanish property in the nation's capital.
Rental yields are very high, and if aimed at the business market or long-term rental
market all-year-round rental income is virtually guaranteed. For investors looking for
a villa in Spain, areas on the outskirts of the city, such as Getafe and Alcorcon, are
worth considering.
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