Thursday, July 9, 2020
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Madrid to Transform the Facilities Leftover from its Failed Olympic Bid in the ‘Ciudad del Deporte’

The former Aquatic Center, now in disuse, has been classified as a unique facility for the implementation of a 'multi-functional' complex. Moreover, a proposal has been made to change the use of Atlético de Madrid's Wanda Metropolitano stadium to a private sports facility.

Aerial view of Atlético de Madrid’s Wanda Metropolitano Stadium during its construction.

Reinstating the now disused aquatic centre, promoting grassroots- and neighbourhood-sports in new facilities and increasing green areas are just some of the initiatives for reorganising the use of the Wanda Metropolitano stadium. The city of Madrid had planned to build several sports facilities on the site for the celebration of the 2020 Olympics.

The total surface area under management measures 1.2 million square metres. It is bordered (in a clockwise direction) by Plaza de Grecia, the Canillejas Metro depots, Calle Mequinenza, the northern stretch of the A-2 motorway, the M-40, Calle Estocolmo, the plots of several single-family homes and Avenida Arcentales.


House Prices in Madrid Rise by More Than 45% in Five Years

The average home cost 295,927 euros in the Spanish capital at the end of March, compared to 165,280 euros on average in Spain.

How Much Does it Cost to Rent a Home in Your Area According to the Government’s Statistics?

The map prepared by Brains RE using data from the Ministry of Development's index reveals the rental prices in each municipality in Spain; and they vary quite a lot compared to other indicators.

Where are the Most Expensive Homes in Spain?

25 Spanish towns registered house sales costing more than 3,300 euros per square metre during the first quarter, including eight municipalities in the Balearic Islands.

House Sales Reach their Highest Prices in 8 Years

Homes sold during the first quarter of 2020 registered the highest prices seen in the last eight years, with an average of 1,747 euros per square metre; four autonomous regions accounted for 70% of the total sales volume.

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