Madrid is the place to own a second home

Madrid is great city to live in. It has great quality of life and a lot of amenities to enjoy. In this article we highlight the uniqueness of this popular city and how you can purchase a great second home in Madrid through flexible ownership.

Madrid is one of those unique cities which has everything one could wish for. It has become one of the most popular European cities for people to visit and buy a second home at. And there are countless reasons for it. However, buying a second home is not as simple as it seems. You have to take into account many factors, such as the location, the price and the maintenance costs. But sometimes it is hard to keep postponing the dream, especially if you love the location. 

There are many new flexible home ownership models through which you can own a second property in an affordable and profitable way, like VIVLA’s fractional ownership. 

Keep reading to find out why Madrid is one of the best places in the world to live in as well as how you can buy a second property in Madrid in a way that makes sense and doesn’t burden your home finances. We are pretty sure you will end up falling in love with the city as hard as we did.

Madrid’s cost of living

Madrid city is affordable compared to other European capitals. Life in London, Stockholm and Paris has become unattainable mainly due to foreign investment, which pushed up prices in the real estate market. Madrid, on the other hand, is full of real estate options and still presents itself as a city with an affordable cost of living and quality of life.

Most of the monthly costs depend on rental prices, as they can really vary depending on the area you choose to settle in. In the medium to long term, it’s worth buying as investing in Madrid’s real estate market, especially in the city center, has proven to be very profitable over the years. 

The lovely people

Madrid is an international hub for culture, leisure, and business. It is also one of the most welcoming places in Europe where people are friendly and really open minded to other cultures. Most people in Madrid come from other parts of Spain, so being an outsider is actually the norm sometimes. It’s easy to make friends here, because everyone wants you to feel at home.

The epicenter of fun

Have you ever wondered how Spaniards’ motto to work just enough to live works? Joie de vivre seems like a must when you wander the streets and see how people really like to live in the moment. You understand how important mingling and being social is the minute you put a foot in this special city. 

Madrid is a city that has it all. It has a great and unique nightlife and an amazing diversity of restaurants, but it also has many amazing museums and interesting sites so there is something for everyone. There is so much to do and such a vibrant atmosphere that you feel like you always belong and you can participate in its energy. 

World-class transportation

Madrid is one of the most vibrant cities in Europe, with great connections to the rest of the world. The city’s infrastructure is world-class and it has one of the best transportation systems in the world. 

Commuting around the city is really easy and efficient! The public transport system consists of buses, trams, metro trains, cercanías trains (suburban rail), light rail lines and ferrocarriles suburbanos (commuter rail). 

Impressive architecture

The architecture in Madrid is also dreamy and beautiful with its mix of medieval, modern, and contemporary buildings that are scattered throughout the city. 

The city is filled with aesthetic beauty, from the beautiful streets of Malasaña to the regal splendor of the Austrias area and the impressive 19th French style buildings around Gran Via and Plaza mayor, not to forget neighborhoods like Salamanca and “Barrio de las Letras” (the bohemian, literary neighborhood where many universally known writers like Cervantes, Góngora and Lope de Vega had their homes). 

Madrid’s parks and recreational areas

Madrid also has probably the highest number of city parks to enjoy compared to many other capitals. The best known place and the lung of the city is Parque del Buen Retiro, where you can find anything from playgrounds to boat rentals, restaurants and beautiful lush corners. 

There are other beautifully designed city parks like Parque de Juan Carlos I, the newly renovated Madrid Rio which hosts lots of recreational sites and an exhibition center, Sabatini Gardens around the Royal Palace, or the huge area with lots of entertainment (including Madrid’s amusement park and zoo) called Casa de Campo. 

A great gastronomical hub

Madrid might be one of the best locations in Europe for its food scene. Whether you are looking for a traditional Spanish tapa or top starred Michelin restaurants featuring modern cuisine with influences from around the world, people will talk about it all over town.

Buying a second home in Madrid

Madrid is a great city to live in for extended periods of time and a great hub to visit other places in Europe. In addition, property keeps its value really well, especially around the city center, so it is a very sound investment.

When you buy property in Madrid, you can find real estate options ranging from mansions to apartments, in every price range possible. 

Get a spectacular second home in Madrid with VIVLA

The best option to own a second home in Madrid and make it profitable is through fractional ownership. 

VIVLA fractional home purchasing model has been carefully designed to be a profitable and wholesome experience so owners can enjoy quality second property in their favorite destinations. The main goal is to make homes affordable to more people and promote a new, smart and sustainable way to own a second home. 

Owners can buy anywhere from ⅛ to ½ of a property and enjoy a minimum of 6 weeks of use per year. Houses are fully managed with every detail in mind, so you only have to worry about enjoying your property.

If you work more than you wish to and are looking to change scenarios a few times a year, Madrid is the place for you and VIVLA can help you own your true retreat in an easy and flexible. Do not hesitate to contact us via our online form or by writing to contact@vivla.com.