This is the new Madrid luxury: these are the projects coming to the market
The premium offer is growing in the Madrid market with promotions in the city centre. Read
Madrid's luxury housing market is growing, driven by a surge in high-end developments in the city centre. According to a Colliers report, there are 176 new luxury homes for sale above €2 million, a 16% increase from last year, with a median price of €17,679 per square metre. The market is becoming more sophisticated, with 72 homes priced above €5 million and 24 "trophy" properties above €10 million.
The luxury market is expanding beyond the Salamanca neighbourhood, with more projects in areas like Centro-Justicia, Chamartín-El Viso, and Chamberí. Experts predict that by 2030, exclusive developments could reach €30,000 per square metre, with exceptional projects potentially exceeding €40,000 per square metre.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
