Living in Madrid It’s an exciting experience full of opportunities, but when it comes to rent and housing priceseverything can become more complicated. However, this should not be an obstacle, as there is an area of the capital where prices are affordable and which presents itself as an excellent opportunity for those looking to invest in their future.
Here you can find apartments for less than 70,000 eurosin a district that has evolved from a rural village to a growing industrial center. Find out what this neighborhood is and why living there could be the best decision you ever make.
What is the cheapest area of Madrid to buy a house?
The most affordable area to buy a house in Madrid is Saint Christopherthat It is part of the Villaverde district. This area offers very competitive prices, being located in 1,392 euros per square meter, making it the cheapest in the capital to buy an apartment.
Villaverdelocated in the south end of Madridhas experienced notable growth in recent years. With a extension of 2,028 hectares and a population of nearly 60,000 inhabitantsthis neighborhood is made up of five neighborhoods which offer varied prices per square meter. On average, the cost of housing in Villaverde is around 1,900 euros per square meter.
Below are the prices in the different neighborhoods of Villaverde:
- Butarque: €2,207/m²
- Los Angeles: €1,863/m²
- Los Rosales: €1,785/m²
- San Andrés: €1,636/m²
- San Cristóbal: €1,392/m²
On the other hand, the most expensive neighborhoods of the capital, such as Salamanca, Chamberí, Chamartín, Centro or Retiro have prices between 4,000 and 10,000 euros per square meter. This price difference has led many, especially given the increase in rents, to rethink the purchase of housing, even in areas furthest from the center.
Why buy your house in Villaverde?
The advantages of residing in Villaverde are numerous and varied. Its strategic location, bordering to the west with Leganés and to the south with Getafe, It allows easy access to other areas of Madrid, making it easier to get to work and enjoy the city. THE public transport networkwhich includes several metro and bus lines, allows you to get around the capital easily and efficiently.
Historically, Villaverde has deep roots that date back to the conquest of Madrid in 1085. Originally it was a rural area which, over the centuries, changed its appearance and destination, becoming an important industrial center .
This neighborhood is in a revitalization process that promises to improve the quality of life of its residents. They are made urban development projects including the renovation of public spaces and improved services, which will attract new businesses, bars and restaurants, contributing to a vibrant and vibrant community. This development has attracted many new residents looking for an affordable location with a strong sense of community.
With competitive prices and an excellent location, Villaverde stands out as an attractive place to live and invest. If you are looking for a real estate opportunity in Madrid, this could be your best.
