Do you dream about Madrid? Try it out of style, for housing values

Who hasn’t dreamed of moving to the countryside, where the grass is certainly greener?And a less expensive home OR life is more exciting.

New Yorkers who fantasize about the bustling city of Madrid will be interested to know that moving there can reduce their living burden by 36%, according to Numbeo. com. A cappuccino, for example, will earn you about $2. 25. A beer, about $3. 50.

But what might seem like a smart deal for New Yorkers may not be for expats in other regions. With the calculator of Expatistan. com, you can enter Madrid as the city you need and, in the opposite field, indicate where it comes from.

His estimate for other people leaving Los Angeles is that housing will be 41% less expensive in the Spanish metropolis, while food and entertainment prices will be reduced by a third.

The category in which you will be located is clothes, which will charge you 6% more, is the maximum value of being well dressed in the largest city at the time of the European Union.

Although Madrid is one of the most beloved cities in Spain, it is convenient for Barajas airport, which gives foreign flights to the whole world, it is also a political center, a monetary center and the home of several museums and cultural institutions. it is reflected in its varied architecture, which includes palaces of European influence.

Those wishing to live in Madrid must have their NIE document at hand, the way to download this non-resident identification number is to touch the nearest embassy in Spain before going abroad, having this number allows you to open a bank account.

Americans who invest more than 500,000 euros (about $589,000) are eligible for a Golden Visa, making it less difficult for domestic customers to download an apartment permit and also allowing them to work. The visa allows the client to reside in Spain for two years and then must be renewed every two years.

A recent asset review in Madrid and surrounding domains covers all the diversity of an indifferent three-bedroom villa on a cobbled street for approximately $435,000 to a six-bedroom space of approximately 9,000 square feet built in 2000 that will charge you $4. 4 million. As in the United States, genuine real estate agents’ fees are paid through the seller.

For renters, a one-bedroom apartment will charge about $ 836, according to CheckInPrice. com. Figure $ 83 more for utilities. Depending on the location, two-bedroom apartments charge around $ 1,300.

As everywhere, rents according to the neighborhood and for furnished and uns furnished housing vary widely; However, you may not enter into a lease. Spanish owners settle for verbal agreements.

If you are hungry for a squid sandwich, reasonable wine and a bustling city of culture, Madrid may be the ticket.

For more than 4 decades covering luxury homes and celebrities, I’ve tested people’s homes, lives and assets from many angles. Los Angeles Times.

For more than 4 decades covering luxury homes and celebrities, I’ve tested people’s homes, lives and assets from many angles. Editor of the Los Angeles Times real estate segment for 8 years, hot property columnist for six years and painted as a journalist, editor and page designer. My paintings for The Times Business, Home and Real Estate segments have won internal and national awards for blogs, publications and reports. I recently published an e-book about changing space. My first fiction, “Newcomer: The St. Cross Choir Series, Book 1, “is available in Amazon. com. In my free time, I’m a backist and kittens and elderly dogs. You can follow me on Twitter @laurenebeale.

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