Madrid is one of the most culturally and economically dynamic cities in the world. In fact, the great Spanish capital is a real pole of attraction for citizens from all parts of the country.Therefore, new homes in Madrid are also among the most sought-after. Stay with us and find out much more about it.
One of the features of Madrid is the wide array of culture on offer for the people who live there, with prestigious theatres, musicals and art galleries such as the Prado Museum, the Thyssen, the Reina Sofía, and many other attractions.
Proof of the above is the recent recognition of the Paseo del Prado (and the surrounding area) and the Parque del Buen Retiro as a UNESCO World Heritage Site.
And, of course, we shouldn’t forget its multitudinous and successful Book Fair, multicultural neighbourhoods such as Lavapiés, and iconic buildings such as the Palacio de Cibeles, the National Library, and the Palacio de Oriente, among other sights of unquestionable beauty.It’s simply impossible to choose just one.
Another of the aspects in which the Spanish capital excels is the quality of life it offers its inhabitants. In this regard, Madrid is among the 30 cities with the best quality of life in the world, according to Deutsche Bank’s 2019 study Mapping the World’s Prices. So much so that it lies ahead of metropolises such as London, New York and Rome.
Here we have the country’s great economic engine. In 2019 this community accounted for 19.3% of Spain’s GDP, with a total of 240,100 million euros.
And, as if that were not enough, Madrid is one of the communities with the lowest tax burdens, with a minimum personal income tax rate of 18.5% and a maximum of 23.5%. It also enjoys considerable relief from inheritance tax, the importance of which cannot be underestimated.
Madrid is the capital of Spain and has become the country's administrative centre. Important companies also have their headquarters in the city. This means that new homes in Madrid are among the most attractive ones, as there are always people eager to move to a city that has a reputation for offering the very best of welcomes. You’re sure to have read that in Madrid nobody’s from Madrid and everyone’s a madrileño. We encourage you to see for yourself.
As a result, new homes are making Madrid a highly attractive market and at KRONOS we are well aware of this. We’ve therefore started with The Collection, one of our most exclusive projects, which boasts famous residents such as Tamara Falco. Here are some what persuaded her to buy her spectacular penthouse.
If you choose the newly-built Kronos Homes in Madrid, we’re convinced that you’ll find the ideal place for you and your loved ones. And, if you think your expectations are difficult to meet, we take up the challenge: we assure you that there’s no other project like The Collection.
There is a Kronos Homes project closer than you think. Click on the one you like and find your ideal home.
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