Tetuan offers currently great investment opportunities. The district occupies almost the entire northwest part of Madrid, the left side of the Paseo de la Castellana: from Nuevos Ministerios up to Plaza Castilla.
It is a diverse and dynamic area with several stablished companies, contemporary renovated houses and even modern new construction. The price range oscillates from 145,000 € – significantly below new project’s prices situated in other areas of Madrid – and a maximum around 380,000 €, so the average price does not reach 250,000 €. The rental yield is stablished around 4.3%, which is, one of the highest in the city centre. It has been, from a few years, one of the most interesting areas of Madrid to buy or invest.
The large-scale Madrid Norte project or the Skyline Project by RE company Stoneweg, will contribute to renovate Tetuán for the next upcoming years.