Post by account_disabled on Mar 10, 2024 6:05:11 GMT -5
The real estate crisis suffered in 2008 affected, without exception, all areas of the country. However, there were marked differences between the different districts of the capital, with the most economical areas leading the way in declines, compared to premium areas that better supported the loss in home value.
Euroval, a Spanish appraiser , has published the Cambodia Telegram Number Data study on the Evolution of housing prices in Madrid capital from the 2008 crisis to the present, which shows a higher revaluation in the average price of housing in premium areas, above that observed in other districts with lower average prices.
The most expensive prices are recorded in the Centro, Chamartín, Chamberí, Retiro and Salamanca districts , with average values above 4,000 euros per square meter, followed by neighborhoods with average prices such as Arganzuela, Barajas, Ciudad Lineal, Fuencarral, Hortaleza, Moncloa , Moratalaz, San Blas and Tetuán , which register average prices of between 3,000 and 4,000 euros per square meter. Finally, those with prices below 3,000 euros per square meter, considered the most economical, are Carabanchel, Latina, Puente de Vallecas, Usera, Vicálvaro, Villa de Vallecas and Villaverde.
Thus, the sample registers a revaluation of 25% in the most expensive districts, which were also the first to begin the upward trend, in the middle of 2014. It is also worth highlighting the smaller drop they suffered between 2008 and the end of 2013, of around 22% , well below those registered in lower price districts. For their part, the middle districts suffered a decrease of 27% and those with the cheapest prices reached drops of 39%.
In the same way, the revaluation of properties in districts with intermediate prices is still well below that registered in the most expensive ones, with a 3% increase that began its upward trend in 2015, a year after that of the premium areas. Furthermore, these neighborhoods had suffered a decrease in prices greater than that of the expensive districts, with a 27% decrease.
Euroval, a Spanish appraiser , has published the Cambodia Telegram Number Data study on the Evolution of housing prices in Madrid capital from the 2008 crisis to the present, which shows a higher revaluation in the average price of housing in premium areas, above that observed in other districts with lower average prices.
The most expensive prices are recorded in the Centro, Chamartín, Chamberí, Retiro and Salamanca districts , with average values above 4,000 euros per square meter, followed by neighborhoods with average prices such as Arganzuela, Barajas, Ciudad Lineal, Fuencarral, Hortaleza, Moncloa , Moratalaz, San Blas and Tetuán , which register average prices of between 3,000 and 4,000 euros per square meter. Finally, those with prices below 3,000 euros per square meter, considered the most economical, are Carabanchel, Latina, Puente de Vallecas, Usera, Vicálvaro, Villa de Vallecas and Villaverde.
Thus, the sample registers a revaluation of 25% in the most expensive districts, which were also the first to begin the upward trend, in the middle of 2014. It is also worth highlighting the smaller drop they suffered between 2008 and the end of 2013, of around 22% , well below those registered in lower price districts. For their part, the middle districts suffered a decrease of 27% and those with the cheapest prices reached drops of 39%.
In the same way, the revaluation of properties in districts with intermediate prices is still well below that registered in the most expensive ones, with a 3% increase that began its upward trend in 2015, a year after that of the premium areas. Furthermore, these neighborhoods had suffered a decrease in prices greater than that of the expensive districts, with a 27% decrease.