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Madrid, Spain | Should I buy or rent a home in Madrid? | Expat Exchange
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Plaza Mayor in Madrid

Should I buy or rent a home in Madrid?

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If you have not spent a lot of time in Madrid, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...

"Buying a home in Madrid can be a great investment, as the city is a popular tourist destination and the real estate market is strong. However, it is important to consider the cost of living in Madrid, as well as the cost of purchasing a home, before making a decision. Renting a home in Madrid can be a great option for those who are not ready to commit to a long-term purchase, as it allows for more flexibility and can be more cost-effective in the short-term. Ultimately, the decision to buy or rent a home in Madrid should be based on individual needs and preferences," wrote a member who made the move to Madrid, Spain.

Balcells Group LawyersBalcells Group Lawyers
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With over 40 years of professional experience, Balcells Group provides legal advice on immigration, business, real estate, and tax. They help individuals, companies, investors, students, entrepreneurs, highly-qualified professionals, digital nomads, and more, to enjoy successful law processes in Spain by guiding their clients every step of the way. They speak Spanish, English, Catalan and Russian.

Click connect to have our partner contact you via e-mail and/or phone.

Balcells Group LawyersBalcells Group Lawyers

With over 40 years of professional experience, Balcells Group provides legal advice on immigration, business, real estate, and tax. They help individuals, companies, investors, students, entrepreneurs, highly-qualified professionals, digital nomads, and more, to enjoy successful law processes in Spain by guiding their clients every step of the way. They speak Spanish, English, Catalan and Russian.
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Click connect to have our partner contact you via e-mail and/or phone.

Other Questions:

Should I buy or rent a home in Madrid?

If you live in Madrid, newcomers to Madrid would love to hear your answer to this question.


Plaza Mayor in Madrid
Balcells Group Lawyers
Balcells Group Lawyers

Balcells Group provides immigration, business, legal, and tax advice to individuals, companies, investors, students, entrepreneurs, highly-qualified professionals, digital nomads, and more. They speak English, Spanish, Catalan, and Russian.
Learn More

Balcells Group LawyersBalcells Group Lawyers

Balcells Group provides immigration, business, legal, and tax advice to individuals, companies, investors, students, entrepreneurs, highly-qualified professionals, digital nomads, and more. They speak English, Spanish, Catalan, and Russian.
Learn More

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