Madrid Surpasses Three Years of Premium Housing Increases and Attracts More High-Net-Worth Colombian Buyers

TL;DR

Madrid's luxury housing market reached new heights in Q1 2026, with Salamanca district prices surpassing 10,000 euros per square meter.
The average housing price in Madrid reached 5,642 euros per square meter, a 25% year-on-year increase.
Limited new construction and urban planning restrictions contribute to the tight supply in high-demand areas.
International capital continues to flow into Madrid's real estate market, unaffected by the elimination of 'golden visas'.
Latin American investment in Spanish real estate exceeded 1.75 billion euros since 2019, with Mexico leading the investment.
Colombian buyers, while currently representing a small percentage, have shown increasing interest in Madrid's luxury segment over the past 18 months.
Madrid accounts for over 75% of all Latin American real estate investment in Spain.
Colombian buyers are often entrepreneurs and executives seeking to combine wealth investment with medium-term family projects.
US cities like Miami and New York, once primary destinations for Latin American investors, are seeing a shift towards European cities like Madrid due to rising prices and regulatory changes.
La Moraleja is identified as a growth area within the luxury residential segment, with significant investment and projected price increases.

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