Madrid, the place to be
Elegance, safety and lifestyle
attract large estates
Madrid, the place to be
By Daniel Caprarin and Cristina Ocaña
Madrid is increasingly positioning itself as a benchmark destination for high net worth individuals in Europe, consolidating its position as one of the favorite cities for those seeking a living environment that combines culture, history and modernity. The Spanish capital has become a magnet for HNWIs (High-Net-Worth Individuals), thanks to its unique blend of architectural elegance, economic strength and a booming prime real estate market.
In addition, the capital's security and stability have become differentiating values. The "Madrid Brand" is a guarantee of physical and legal security, one of the city's main attractions, in addition to its reputation as a vibrant and multicultural city.
You can replicate a beautiful penthouse, but not the culture and history of a city. the culture and history of a city.
Ana White, Premium Properties Director
Education, economy and leisure
The capital also stands out for its high-quality educational offerings, especially appreciated by expatriate families. International schools and prestigious business schools such as Instituto de Empresa, IESE and Esade - three of the top 20 in the world, according to the Financial Times in the MBA category - position Madrid as a key educational center in Europe. In addition, the capital's robust economic growth continues to attract entrepreneurs and professionals from around the world, who find it an ideal environment for both living and doing business.
Madrid is no slouch when it comes to leisure and gastronomy; its sophisticated culinary offerings and innovative social scene are some of the aspects most valued by those who prioritize a cosmopolitan and exclusive lifestyle. Between its museums, theaters and vibrant nightlife, the city presents a complete option for those seeking a balance between work, family and entertainment.
The distinction of the Prime Neighborhoods
When looking for prime properties in Madrid they tend to be interested in spaces that embody identity and cultural legacy. In the heart of the city, renowned areas such as the Salamanca district, with the Recoletos and Castellana neighborhoods, attract those seeking sophistication and prestige. For its part, Justicia, in Downtown, has consolidated its bohemian and cosmopolitan profile, perfect for those who value exclusivity with character.
Almagro, in Chamberí, and El Viso complete this panorama with their classic charm and the unique style of their residences and surroundings. New areas are also gaining market relevance, such as Salesas and Las Letras in Madrid Centro, which stand out for their vibrant ambience and historic essence. Meanwhile, on the outskirts of Madrid, La Moraleja offers a spacious and private residential environment, surrounded by nature and with excellent connections to the city.
How much space prime you can buy with a million euros in Madrid?
Following our Wealth Report "pagoda" model, we examined the purchasing power in terms of square meters that can be bought for one million euros in the main prime neighborhoods of the capital.
In the heart of Madrid, neighborhoods such as Recoletos (73 sqm), Castellana (85 sqm), Jerónimos (86 sqm) and Almagro (89 sqm), offer an unparalleled urban living experience, with immediate access to the city's cultural richness. Justicia (93 sqm), the epicenter of Madrid's vibrant hustle and bustle, is just behind them, followed by Trafalgar (95 sqm), one of the neighborhoods that stands out for its young, trendy and trendy atmosphere.
Next is El Viso, with 107 m², a neighborhood that offers properties with gardens and common areas that provide a feeling of spaciousness and comfort.
The area of La Moraleja, with 174 m², is a privileged option for those looking for large spaces and an exclusive environment on the outskirts of Madrid. La Moraleja is distinguished by its extensive land and lower population density, which favors the construction of large villas and single-family homes perfect for families who want to enjoy outdoor spaces and the tranquility of nature.
The inimitable essence of Madrid
Madrid has become a reference destination for international buyers, who find in it an unrepeatable experience. As Ana White, Director of Premium Properties at Knight Frank, sums it up: "You can replicate a beautiful penthouse, but not the culture and history of a city".