21 March 2019 – Idealista
The city of Madrid has entered the Top 3 global ranking of best destinations for real estate investment, according to the Barnes City Index. The Spanish capital is ranked behind only Lisbon and Porto for high-end properties this year.
In fourth place is Montreal and in fifth place is Miami. Those cities are followed by London, Genoa, Athens, Monaco and Biarritz.
In 2018, Madrid was ranked in 10th place. The Index ranks the top 50 cities in the world that have the greatest appeal for real estate buyers and investors in the luxury segment on the basis of economic, political, cultural and other considerations.
Original story: Idealista
Translation/Summary: Carmel Drake