Spain | Prime Residential
Overview | Trends | Supply | Transactions | Prices Prime Residential knightfrank.com/research Research, 2020-21 Fotografía: Daniel Schafer PRIME RESIDENTIAL 2020-2021 PRIME RESIDENTIAL 2020-2021 PRIME CONTENTS RESIDENTIAL 04 OVERVIEW 08 PREMIUM HOMES FOR PREMIUM CLIENTS – SOMETHING FOR EVERY TASTE oin us as we carry out an in-depth analysis attributes that breathe life and soul into the city’s 10 J of the prime residential market, to find out trendiest neighborhoods. A STROLL THROUGH THE how COVID-19 has affected performance in this To evaluate market conditions for the city’s most CAPITAL’S TRENDIEST exclusive segment. We begin with a broad over- exclusive homes, we focused on properties valued NEIGHBOURHOODS view of the residential market as a whole, getting at over €900,000 and located in one of the city’s to grips with the latest data and venturing some main prime submarkets within the districts of projections for YE 2020 – and a few predictions Chamartín, Salamanca, Retiro, Chamberí and the for 2021. Centre. We have combed through all the latest sup- 20 Our Prime Global Forecast report paints a cheer- ply-side data, studied key indicators, like transac- OUR ANALYSIS OF THE MADRID ingly optimistic picture for the prime residential tion volume, and traced the dominant price trends PRIME MARKET market in major global cities – including Berlin, over the last four years. Paris, London and, of course, Madrid – at the close It is becoming more and more common to find of 2021. super-prime residential apartments integrated into Demand analysis has always been key to under- luxury hotels, a concept that offers owners the ulti- standing this market, and in the present circum- mate in exclusivity, comfort and privacy.
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