#1 network for foreigners buying property in Spain

Americans are buying real estate in Madrid at a 20% discount!

25 Aug
5/5 - (1 vote)

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Buying two homes remotely in Madrid


Yes, with the Euro trading close to its lowest level ever, which is about 1, we see many real estate investors coming from America as the euro lost about 20% over the last year.

Have a quick look at the EUR evolution over the last 5 years

On this chart, we check the evolution of any currency vs its level on the 1st of January 2021 (which we give a 100 value). So, if you see a value lower than 1 today, it means that the Euro weakened in the meantime. If the value is higher than 1, it means that the Euro strengthened.