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Madrid, the Second Most Attractive City in the World for Investing in Luxury Housing

Investors looking for opportunities after Covid have also started to take an interest in high-end housing in Spain, according to the global consultancy Barnes.

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One of the luxury penthouses on the market in El Viso neighbourhood in Madrid.

Investors looking for opportunities after Covid have also started to take an interest in high-end housing in Spain, according to the global consultancy Barnes.

During a virtual press conference, Christophe Chevallier, Director of Barnes Madrid, pointed out that investors from London, Paris and Brussels are already interested in buying real estate in Madrid, and in the possible discounts on offer. Moreover, he added that some sellers have already started to accept discounts of between 5 and 10%.

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