Madrid is Europe's third most attractive city for real estate investment in 2017, just behind Berlin and London, which tops the list. This position appears in the 'Global Investors Intentions 2017' survey carried out by 2,000 international investors by CBRE.
The survey also shows that Spain remains in the top 10 most interesting real estate markets, occupying the sixth position in a ranking led by Germany and the United Kingdom.
According to the study, London leads the list of the most attractive cities to invest in real estate, being chosen by 17% of investors, followed by Berlin (15.8%) and Madrid (8.4%).
Madrid is an attractive city for international investors due to several factors. Prices are still below that of other markets and in recent years interesting rehabilitation and development projects have begun. Likewise, there is forecast of income growth. This caused that in 2016 the investment in the capital surpassed the 4,000 million euros in this city.
In terms of the most attractive countries, Spain is in sixth place, thus maintaining its position in the 'top 10' of all countries in Europe, the Middle East and Africa.
When asked which sectors to invest in, the office market is the most mentioned, by 34.7% of investors. It is followed by the industrial-logistic sector, chosen by 25.9%. However, one of the most notable conclusions is the growing appetite for alternative assets, in which 7 out of 10 real estate investors already invest.
Source: el economista