Spain is the fifth largest economy in Europe and the fourth largest European recipient of Global Foreign Direct Investment is (behind UK, Germany and France). Madrid is the political, economic, financial and business capital of Spain and is widely recognised as a top 15 global city.
Spain’s property market (both commercial and residential) was greatly affected by the global economic downturn and Eurozone Crisis after 2007. Prices of Madrid properties have stabilised but not yet recovered and remain markedly lower than comparable European cities.
There has been very significant investment by international investors in commercial property in Spain (with particular focus upon Madrid) in the last two years. GCR consider that the timing is good to benefit from the low cost of Madrid residential property and its potential for capital growth over the coming 3-5 years.
GCR rational for investment in Madrid is:
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New residential complex in the "Villa de Vallecas" district. Ideal buy to let opportunity. Click below to get details when they become available.
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Central Madrid New Apartments. Only 15 minutes walk into Salamanca - Metro stop close by - Unfortunately these apartments are now SOLD OUT
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