If you are looking for a unique opportunity to buy a house near the capitalyou will be surprised to know that there is a city just an hour from Madrid where property prices are surprisingly low.
For just €40,000it is possible to acquiren apartment of approximately 90 m2ideal for those who want affordable housing without giving up a good quality of life. This little corner combines the tranquility of rural life with the advantage of being well connected to the city, making it a interesting option both for first-time buyers and for those looking for a second home.
Here you can enjoy an authentic environment, far from the hustle and bustle of Madrid, but only about 75 kilometers of everything that the capital of Spain offers. Would you like to know which municipality it is?
The town near Madrid where you can buy an apartment for €40,000
According to data from the Idealista real estate portal report for September, the price per square meter to buy a house in Santo Domingo – Caudilla is from €445. This means that an apartment of around 90 m2 will cost you around €40,050 approximately.
This price decreased by 2.6% compared to August and 3% if compared to data from September 2023. However, this figure increased by 5% compared to the previous quarter.
This municipality is located in the autonomous community of Castile – La Manchamore precisely in the province of Toledo where the average price per square meter is currently around €908/m2.
What to see in Santo Domingo – Caudilla?
This municipality has approximately 1,165 inhabitants according to the latest data from the INE and is located one hour from Madrid on the A-5. In addition, Toledo is only about 40 minutes away from the city via the CM-401 and the A-40.
According to information published in the Provincial Delegation of Toledo, Saint Dominic It takes its name from the fact that it is located in a valley as well as from an ancient hermitage: Saint Dominic of Silos. For his part, Caudille It comes from the Latin “capitellum”, diminutive of “caput” or “head”.
At the same time, they point out that this word can be broken down into “cab” or “cap-villa”, i.e. “village chief”. This refers to the fact that I may be the center of the state that presided over the castle around which the hamlet was grouped.
In this city of Toledo you can see the parish church of Santa María de los Reyes de Caudilla, the parish church of Santo Domingo de Silos, the hermitage of Santa Ana, the town hall tower, the ruins of the castle and the hermitage of Cristo del Olvido, among others.
It is also distinguished by its traditions and patronal festivals: the Festivals of Santiago and Santa Ana in July and the festival in honor of Santo Domingo de Silos, in December.
