Latin American Investors Buy Madrid Real Estate
Madrid currently holds the number one position in rankings for both speculative and real estate investment. Rita Maestre of Más Madrid criticized Mayor Almeida's legacy regarding housing rights and municipal communication. Maestre noted that 60,000 individuals are currently applicants for housing through the municipal housing company. The opposition party plans to request further actions from the government regarding these housing figures. The report follows discussions regarding housing availability and municipal challenges in the city. Critics have questioned the accuracy of housing supply announcements compared to the number of applicants. Mexican nationals rank first among these investors, followed by Argentines in second place. The group also includes investment from Colombians.
Topics
Developing
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Sources · 7 independent
Cadena SER
“Que Madrid es hoy el número uno en los rankings de la inversión especulativa y de la inversión inmobiliaria.”
Radio Svoboda
“In Madrid, they have bought a lot of real estate in the center. Clearly, there is a lot of money from this group of immigrants. Mexicans are in first place among Latin Americans. And Argentines are in second place.”
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