are you looking for buy a house In Madrid and you are waiting for a good offer? In the midst of a market where prices continue to rise, four neighborhoods stand out for their lowered their prices in September. These enclaves of the capital offer a unique opportunity to those looking to move without exploding their budget.
From classic neighborhoods to emerging neighborhoods, it’s time to take a closer look at where Buying a home just got a little more affordable. With supply and demand constantly changing, finding accommodation in one of these neighborhoods may be just what you need to save while enjoying life in the Spanish capital.
Areas of Madrid where the purchase price of a house has fallen
According to the data provided in this real estate portal report Idealisticthere are several areas of Madrid in which the purchase price of a house has fallen September.
In Septemberthe price per square meter in Madrid was €4,7560.8% more expensive than in August and 5.4% more than last quarter. Compared to September 2023 data, the cost per square meter increased by 17.8%. It should be noted that this is the most expensive price in history.
However, there are some neighborhoods where the price of purchasing a home has decreased slightly. Saint-Blaise at the top of the list. In this area of Madrid, if you want to invest in a house, you will have to pay a few €3,025/m2. This data belonging to the month of September is a 1.6% less than in August. But the numbers are not good. The price became 1% more expensive than the previous quarter and 7.9% compared to September of the previous year.
In Morataláz This figure also decreased by 1.1% compared to August. In September, you had to pay €3,163/m2 if you wanted to buy a house. Compared to the last quarter, this figure is 0.9% higher and 15% more expensive than in September 2023.
In vegetable, The price per square meter is €4,399. This figure is down 0.4% compared to August. Compared to the previous quarter it increased by 0.7% and, in addition, this cost constitutes a 10.1% more expensive than in September of the previous year.
In the field of Vallecas Bridge Property prices also recorded a slight decline of 0.2%. In September, it cost around €2,439/m2, a little less than in August. Compared to the previous quarter, this figure is 3% higher. The previous year, this figure was 8.9% lower.
There is a fifth district where a lower this price compared to the month of August. It is about Villaverde. In September, the cost per square meter was €2,122.
If you are looking for an opportunity to buy one in Madridthese neighborhoods may be just what you need. With the recent drop in prices, they offer a slightly more accessible alternative in the capital, without losing the charm and benefits of Madrid life.
