Buy and renovate in Madrid.
Madrid has the deepest demand and the fastest sales of any Spanish market, which is exactly why it is also the most competitive for properties with a real discount. Our office is in Pozuelo de Alarcón and we can meet in person, though you do not need to be in Spain to invest.
Talk to us
about Madrid
We reply within one business day, in English.
What you need to buy here.
The practical requirements are the same across Spain, but Madrid adds one of its own: you have to be able to decide quickly.
NIE and a Spanish bank account
Both are needed to complete a purchase. Getting the NIE takes time, so it is the first step, well before you look at properties.
Power of attorney
Signing by proxy before a notary means you do not need to fly in for the purchase, which in a fast market is a genuine competitive advantage.
A decision threshold agreed in advance
In Madrid you rarely have days to think. We agree your maximum price and criteria before we start looking, so that a yes or a no takes hours rather than a week.
Regional transfer tax
Property transfer tax on resale homes is set by the Madrid regional government and differs from Andalusia or Catalonia. It goes into the numbers from the start.
Investing in Madrid property.
Is Madrid a good market for house flipping?
It has the deepest demand and the fastest sales in Spain, which is very favourable for annualised returns. The trade-off is a high entry price and strong competition for any discounted property, so the difficulty is on the buying side, not the selling side.
How much capital do I need?
There is no universal figure, because it depends entirely on the district. Beyond the purchase price you need to cover transfer tax, notary and registry costs, the full renovation and a buffer for overruns and for the months on market.
Can I invest in Madrid from abroad?
Yes. You will need an NIE and a Spanish bank account, and the purchase can be signed by power of attorney. You do not need to be present for the renovation or the sale.
Do you have an office in Madrid?
Yes, in Pozuelo de Alarcón, and we hold first meetings in person or by video call, whichever suits you.
How long does a Madrid project take?
Our average across Spain is five months from purchase to market. In Madrid the sale itself tends to be quicker; what can stretch the calendar is licensing and contractor availability.
What about rent-control areas?
Rent control measures regulate letting, not sale, so their direct effect on a buy-renovate-sell operation is limited. They matter if you are considering keeping the property as a rental instead.
Read it before you sign it.
Every investor gets the same professional contract: 25 clauses plus 3 annexes, turnkey renovation at a closed price, target sale value agreed in writing, partial refund if we do not find a property within 8 months, and mandatory mediation before any dispute. Downloadable in English, no form and no data required.
Before you talk to us, look at the numbers.
How it works & fees
The six stages of an operation and exactly what we charge, with worked examples.
See fees →ROI calculator
The same method we use internally to validate whether a property is worth buying.
Open calculator →Costa del Sol
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First consultation is free and with no commitment. We work in English, Spanish, Catalan and French, and you do not need to be in Spain to invest.