Expensive in Madrid

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18 Nov 2006 12:00 AM by EOS Team Star rating in In Spain of course!. 4015 posts Send private message

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According to Barbara Knoflc, CEO of Seb Asset Management, Madrid is the third most expensive place to buy in after London and New York.  They state that buy-to-let is not a good investment in Madrid as the cost of buying a property far exceeds the rental returns.

Think I'll stick to the coast myself....

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18 Nov 2006 10:55 PM by Smiley Star rating in San Pedro de Alcanta.... 2502 posts Send private message

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Weather not as good either - but some fantastic architecture (check out the new airport) and culture - Why do you think Dave and Vicki moved there - surely not for the money or the shopping

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