Culture, History, and Business
Madrid lies on the River Manzanares in the center of both the country and the Community of Madrid region. Madrid is also the political, economic, and cultural center of the country. Madrid is the capital and most populous city of Spain. The city has almost 3.4 million inhabitants and a metropolitan area population of approximately 6.7 million. It is the second-largest city in the European Union.
While Madrid possesses modern infrastructure, it has preserved the look and feel of many of its historic neighborhoods and streets.
Madrid offers some of the best investment returns in Europe. The entry price is extremely low, and average returns on property investment are some of the best in Europe- particularly among leading capital cities. Including London, Paris, and Amsterdam.
Madrid is also quite well known for its all-around public transportation system. This city has busses and trains that connect every single neighborhood, so not having a car is definitely not a deal-breaker.
This helps a lot when choosing which neighborhood your property will be in.
Additionally, this city offers some of the best Colonial architecture. The architecture has preserved the look and feel of many of its historic neighborhoods and streets. Its common elements are pointed arches, stained glass windows, gargoyles, thin walls, vaulted ceilings, and clusters of thin columns.
Madrid did a really good job in combining new and old age architecture, where you see old structures with new elements, such as glass and metal.
Take for example Crystal Palace built in 1887, but renovated entirely by glass to blend into the natural environment of its surroundings. Another great example is, Paseo del Prado, built-in 1785, with a few modern additions to its structure.
Truly a gem of Europe and a real estate heaven for those who seek tranquility without giving up that metropolitan lifestyle.