Reasons to invest in Madrid real estate

Madrid is an attractive market to invest in from the perspective of property investors, considering the variety of promising benefits it offers. Check out some of the major reasons why buying an investment property in Madrid is an excellent idea: 

• Strong economy

Madrid is the business hub of Spain with a GDP that saw a positive growth of 7.1% by the end of 2022. The city is an important economic center as many major corporations, government offices, startups, and global organizations are settled here.

As Spain’s economic hub and most populous city, it’s guaranteed that the labor market is stable and dynamic with plenty of job opportunities. For this reason, many people are looking to relocate to the city, which puts the real estate market in a positive light for investors as there is a high demand for rental properties.

• Attractive real estate market

In terms of real estate, Madrid stands out as one of the most attractive European markets to invest in this 2023! The city has a convenient location and a variety of housing options with attractive prices and good rental yields.

According to the report made by the PwC and Urban Land Institute, Madrid is one of the top trending destinations for real estate investments in Europe along with London, Paris, and Berlin. 

• Great quality of life 

Aside from the strong financial situation of Madrid, the great living condition is another reason for the population growth. The city holds 34th place in the Quality of Life Index by City 2023 in the Europe region.

Madrid is a diverse and multicultural city where you can have easy access to a trusted educational system, a stable job market, and a reliable public transportation system. Moreover, there are plenty of great-quality facilities right at your disposal.

Bonus: Madrid’s prime location allows you to easily travel across Europe!

• Enjoy the abundance of leisure options

There may not be plenty of natural attractions like beaches and natural reserves around Madrid, but Madrid makes up with the number of cultural options available! The city is home to renowned museums, art galleries, chic shopping shops, and a great dining scene.

Madrid will certainly surprise you with plenty of historical spots, picturesque neighborhoods, and incomparable nightlife. Additionally, the city hosts a variety of art exhibitions, fairs, and events throughout the year, so you’ll always have something interesting to do while staying here no matter which month you decide to visit the city.

Why invest in Porto rental market?

Investing in real estate in Porto as a way of earning a passive income is an amazing idea since it offers a good return on investment to property investors. But what advantages does Porto offer to real estate investors? 

Check out some of the reasons why buying an investment property in Porto is an excellent idea:

• Growing real estate market

Over recent years, Porto’s real estate market has been registering a steady growth rate thanks to the increasing demand. For this reason, the city became a hotspot for property investments

Porto offers a wide range of high-quality assets that can entice local and foreign investors alike. Thanks to this, Porto real estate market has also been solidifying its position as a solid option for property investors according to the Idealista portal.

• Strong and diverse economy

Porto is the economic center and industrial powerhouse of the north region of Portugal contributing a GDP of €34.6M and representing 42% of its labor market The city enjoys a diversified economy with a variety of industrial and services sectors that offer a wide range of job opportunities.

In recent years, Porto has also become a magnet for foreign investments thanks to its solid tourist market, technological and innovative sectors, startup ecosystem, and research centers.  

• Top-notch living quality

Porto is a vibrant city that blends its fascinating historical and cultural heritage with its trendy and cosmopolitan side. The city offers a welcoming atmosphere where you can have easy access to good healthcare services, a reliable transport network, modern infrastructure, and delicious gastronomy!

In Porto, you can enjoy a safe stroll in a city filled with green spaces, beautiful architecture, and family-friendly areas. Furthermore, Porto held the 18th rank as one of the best cities in the world to live in 2022.

• Unlimited recreational experiences

It’s a fact that Porto is an interesting and dazzling city that has a lot to offer when it comes to recreational options. The city is home to a thriving arts and cultural scene, unique tourist attractions, an intriguing history, and exquisite cuisine. Of course, we can’t forget to mention that you can also enjoy a delicious cup of the renowned Porto’s wine while exploring the city.

There’s no lack of museums, theaters, markets, restaurants, parks, and great beaches where you can do water sports. Moreover, you can experience Porto’s vibrant energies with its exciting festivals and events.

Why invest in Lisbon real estate?

Investing in real estate in Lisbon is an amazing way of earning a passive income since it offers a good return on investment to property investors. But what advantages can  Lisbon offer to real estate investors? 

Check out some of the reasons why buying Airbnb investment properties in Lisbon is an excellent idea:

• Attractive real estate market

While Lisbon’s real estate market is competitive, its prices still are cheaper if we compare it to other major cities located in Europe. Investors can still find a variety of property types with affordable prices that offer high returns. The median housing value in Lisbon is currently at €5,178/m2. 

Furthermore, the tourist market in Lisbon has been steadily recovering after the pandemic. There’s a high tourist flow in Lisbon that has consequently helped the city to maintain a strong rental market since the demand is substantial. 

• Wealthiest region in Portugal

Lisbon is the economic hub of Portugal which represents around 36% of the national GDP and 29% of the employment market. This cosmopolitan city is home to the most number of headquarters of multinationals and startups operating in the country. Thanks to this, the city offers a solid labor market with countless of job opportunities. 

Additionally, Lisbon has become one of the fastest-growing tech ecosystems and many renowned corporations such as Microsoft and Google are settled here.  

• A great place to live

Lisbon is a sustainable and inspiring city that offers a high quality of life with a reasonable cost of living! In Lisbon, residents have access to a high-quality education, a stable job market, a reliable public transportation system, an ultra-high-speed internet connection, and plenty of recreational facilities. 

With it’s low crime rate, Portugal’s capital city is also regarded as one of the safest capital cities in Europe since, so exploring the surroundings is truly an enjoyable experience.   

• Exciting recreational opportunities

Lisbon offers a wide array of leisure and entertainment options, so it’s almost impossible for travelers not to find something that will suit their taste. Here, you will experience a comfortable and warm atmosphere while exploring all corners of the city.

This picturesque city owns riveting culture, history, and traditions with plenty of World Heritage monuments, aquariums, museums, and galleries. You can also enjoy Lisbon’s lively nightlife, diverse gastronomy, and extensive green areas. Moreover, if you crave a natural tan, the city also offers easy access to sandy beaches with the best sunsets!

Additionally, we should highlight that Lisbon welcomed 5.4M overnight visitors as of 2022! This will surely catch the attention of investors who are aiming to cater to tourist accommodations.

Is Massachusetts good for real estate investment? 

Nearby educational institutions are among the considerations when buying an investment property. Massachusetts public education system operates 1,751 schools. On the other hand, the state has 866 private schools.  

It just also happens that Massachusetts is the location of hundreds of world-renowned universities such as MIT, Harvard, and Tufts.  Top liberal arts colleges such as Amherst, Wellesley, Smith, and Williams are also found in Massachusetts. It is no surprise that Massachusetts tops the list of the most educated state. In short-term rentals, investors can expect a high number of exchange students needing an Airbnb.

How much does Airbnb make in Massachusetts?

According to March 2023 data from Airbtics, a one-bedroom Airbnb property in Boston can earn $204 from a strong occupancy rate of 79%. Its peak season is June. This can bring in $6,399 for this month alone. Annually, the said property size can generate an income of $56,935. These figures can manage the expectations from investing in Boston real estate market.

Why should you consider owning a rental property in Mexico City?

Buying investment properties in Mexico City is an amazing way to build your path toward financial freedom because it offers a good return to investors. Mexico has an impressive cultural heritage and a rich historical background. But aside from that, what are the advantages that CDMX offers to real estate investors? 

Check out some of the reasons why buying real estate in Mexico City is a profitable idea:

• Leading economic hub

CDMX is an important economic hub in Mexico and the rest of Latin America, contributing over 15% to the country’s GDP. The city is home to a variety of major corporations across various sectors and is also regarded as the best city in Central America for startups. 

Mexico City concentrates most of the important national companies and international organizations are also headquartered here. This allows the city to have a strong job market with a wide variety of employment opportunities. This includes the services, manufacturing, commerce, agriculture, energy production, tourism, and financial sectors.

• Attractive real estate market

Mexico City offers a wide variety of housing options with different price ranges that go from 1,200,000MXN ($66,274) to 15,000,000MXN ($828,427). The city enjoys a robust  economy with a healthy labor market and steady population growth. Thanks to this, the real estate sector and the rental market remain strong. 

If you’re a foreigner eyeing this rental market, you should know that is perfectly legal to buy an investment property in Mexico City. However, it’s prohibited to own properties in restricted zones (areas close to the coast or national borders) unless you purchase it through Fideicomiso. 

• Plenty of things to do

Looking for exciting sporting, cultural, or artistic events? Because you will love to learn that Mexico City is an epicenter for a plethora of renowned festivals such as the Day of the Dead! 

As one of the most visited cities worldwide, Mexico City can cater to everyone’s taste! From rich cultural and historical heritage to an extraordinary arts and cuisine scene. In fact, we can all agree that CMDX is indeed a foodie’s paradise since it owns one of the most exquisite gastronomies. Aside from magnificent restaurants, there’s also no lack of museums, theaters, art galleries, and iconic landmarks.

Why should you consider investing in Idaho real estate?

Investing in real estate in one of the cities of Idaho is a great idea because it offers a good return to investors. Most importantly, they can eventually achieve financial freedom! But you may wonder: what are the advantages that Idaho offers to real estate investors? 

Check out some of the reasons why buying an Airbnb investment property in Idaho is an excellent idea:

• Booming economy

Idaho is enjoying a booming economy with a GDP of $78.9B which grows at a rate of 1.2% annually. According to IBISWorld, Idaho’s GDP growth holds the 3rd place nationwide as of 2022.

There are plenty of job opportunities in Idaho and the top industries that contribute a lot to the state’s economy are tourism, mining, science & technology, and food processing. Moreover, the unemployment rate across the state is 2.6%.

Thanks to its thriving economy, the population in Idaho is slowly but steadily increasing. In fact, it is the 2nd fastest-growing state in the US with a growth rate of 1.8%. Hence, Idaho offers a stable real estate market with attractive investment opportunities that guarantee a good rental income. 

• Plenty of things to do

Are you an outdoor lover? Because you will absolutely enjoy investing or living in Idaho since it is surrounded by extraordinary national landscapes! The state is home to a wide variety of natural parks and recreation facilities such as the Dark Sky Reserve, Craters of the Moon National Monument and Preserve, and Yellowstone National Park among others. For this reason, Idaho is an incredible place to have exciting experiences while enjoying the mountain’s fresh air.

There’s always a wide range of recreational activities available in Idaho. It doesn’t matter if you choose to visit the state during the summer or winter. In the summer and spring, you can choose to practice sports like kayaking, hiking, biking, and rafting. While during the winter, you can go to one of the many skiing resorts like the Bogus Basin Mountain Recreation Area. Other skiing destinations also include Schweitzer Mountain and Sun Valley.

• Is Idaho an affordable state to live in?

Overall, Idaho remains an affordable state where the cost of living and real estate market is still cheaper compared to other states. Investors certainly can find cheap properties in urban or rural areas at low prices starting at $250,000. Additionally, property taxes in Idaho are relatively lower than in other states as confirmed by SmartAsset

According to Zillow, the average home value in Idaho is currently priced at $435K. But we can find cheaper real estate in certain real estate markets in a number of cities in Idaho. The median housing price is $341K in Twin Falls, $349K in Idaho Falls, and $382K in Nampa. However, if you want to target Boise real estate market for investments, the price goes up a bit as it’s currently at $466K.