Madrid — USD 200.000

Live data — real-time price

Updated

For the buyer who wants Europe, liquidity and appreciation, and accepts the harsher non-EU tax treatment.

Total cash

USD 200.000A[1]

What it buys

35m2B[1]at ~5689 USD/m² (live ICHS, auto-refreshed)

Net yield (USD)

3.4%B[2]official source; your net figure depends on your own situation (see tax disclaimer)

Gross yield (USD)

5.9%B[1]

Exit / repatriation friction

grade BmediaB[2]

3 scores

alto

Return

bajo

Risk (safety)

media

Friction

Buy → rent → exit

Buy (what USD 200k gets you)35m2B[1]~5689 USD/m² (vivo)
Gross rent5.9% brutoB[1]
Net rent3.4% netoB[2]official source; your net figure depends on your own situation (see tax disclaimer)

FAQ

What does USD 200,000 buy in Madrid?

About 35 m² at ~5689 USD/m² (offer price, grade B).

Why does a non-EU buyer pay more tax?

IRNR taxes a non-EU non-resident at 24% on gross rent, with no expense deductions; an EU resident pays 19% on net income. That gap lowers the real return for a Latin American investor.

Does buying grant residency (golden visa)?

No. Spain eliminated the real-estate golden visa in 2025. Buying no longer grants an investment residency permit.

Any barriers to taking capital out?

There are no exchange controls: it is the eurozone and capital moves freely. The focus is the non-EU tax treatment and the currently-stalled proposal for a tax of up to 100% on non-EU buyers, worth monitoring.

Ingar R.E.A.L. Score · R·E·A·LSee the full Ingar R.E.A.L. Score →

Sources

  1. [1] Price per m² (asking) — Madrid portal (ICHS Table 5) · 2026-07-18 B
  2. [2] Tax framework across the cycle (rent / holding / sale) — tax authority (Table 4) · 2026-07-12 A
  3. [3] Transparency International — Corruption Perceptions Index (country layer) · 2026-07-12 A

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