An architect indicates which is the district of Madrid where to buy a house for less than 400,000

The Housing has become the main problem for citizens and the main political parties. According to several reports, concern for this has doubled in the last three years. This year’s first CIS survey places housing as the great concern of Spanish societyafter reaching its highest level since 2008, while both the Government of Pedro Sánchez and the Popular Party led by Alberto Núñez Feijóo, reference formation in the opposition, have presented a battery of proposals to combat the crisis.

Although the measures they raise are different, they coincide in the great diagnosis, which also shares the real estate market: In Spain more homes are needed. Moreover, there is a fact that explains this problem, according to the idealistic portal, our country Drag a deficit of 740,000 houses since 2010. And it is that the number of new homes far exceeds that of finished homes and the forecasts suggest that the mismatch will go more if measures are not taken.

The price of the square meter of the house in Spain

And whether to buy or rent, the situation of this market is unsustainable for young and not so young, although they are the first who are seeing more harmed by the exponential growth of prices, which also accentuates in large cities like Madrid .

According to the idealistic specialized portal, The price of the square meter in Spain is 2,271 euros. A figure that will grow in the coming months. In cities such as Madrid, for example, this price amounts to 3,771 euros, so it is more difficult to create a life project in the capital.

Houses in Madrid for less than 400,000 euros

Experts in this type of business usually give their advice on social networks to serve the population in a pedagogical way. This is the case of Architect Edu Sanzwho has published a Video on your YouTube channel In which it shows which are the best options to buy a house in Madrid for less than 400,000 euros, the money with which one dreamed if he bought a tenth awarded with the Gordo of the Christmas Lottery. In Madrid, according to idealista, There are 2,671 houses and floors of up to 400,000 euros in Madrid If we do not have the bass, which lately is ‘fashion’ to turn a commercial premises into home.

In the recording, the expert shows homes between the M30 and the M40, which although it seems “a good budget”, it is not an easy task. “At 400,000 euros you have to take away a VAT of 10% in New Work and the ITP – which in Madrid is 6% – and a reform of about 70,000 euros,” says Edu Sanz, which delves into the video about the possibilities that observes on a map within idealist.

«There is a new construction promotion by the Almendrales area, near Userathat at the exterior level it is very interesting, in addition to the common areas of the urbanizations seen in the images; As for interiors, almost as long as we see new work, they are very careful even if you don’t know which marterial they will be made. For example, a two bedroom floor with 85 square meters and a garage square is going to 438,000 euros, ”says the expert, which continues with the new work with a house in the Carabanchel district for 322,000 euros, two rooms and 73 Square meters.

“Everything is usually in the same area, with this budget,” says Sanz. “In San Isidro There are 2 and 3 bedroom floors with garages per 330,000 eurosbeing some of these an attic, something that is not bad at all although of dimensions is scarce in general, ”he explains.

The expert continues the explanation and to the second hand with a Infanta Mercedes Street Housing of only 34 square meters for a value of 350,000 euros. Something that shows the problem that exists with housing in the capital of Spain. Another similar home exposed by the expert has a price of 360,000 eurosbut twice large, 68 square meters. Of course, located in the Salamanca district, much better than the previous one.

Within the video explanation, it highlights one of the best options we have available in Madrid, an apartment in the area of VALDEACDERAS with a cost of 339,000 euros and 72 meters built.

The expert points out that the market in 2024 has been a “madness”, and deems that one of the big problems that exists for buyers is that “they cannot negotiate prices” due to the high demand that exists compared to the offer.