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Humanes De Madrid

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Real estate insights for Humanes De Madrid

AspectSummary
PopulationApproximately 3.2 million
Average Property Price€3,800 per m²
Rental Yield4.5% - 6.5%
Average Rent€1,200 per month for a 2-bedroom
Occupancy Rate85% - 90%
Capital Growth Rate3% - 5% annually
Property Tax0.4% - 1.1% of property value
Transaction Costs8% - 10% of property price
Expected ROI7% - 10% per year
Economic Growth ImpactStable growth due to tourism and tech

Humanes De Madrid FAQ

  • What are the average home prices in Humanes de Madrid?

    As of late 2023, the average home prices in Humanes de Madrid typically range between €1,500 and €2,000 per square meter. For example, a two-bedroom apartment can be found for approximately €180,000 to €220,000, while larger family homes with three to four bedrooms may cost anywhere from €300,000 to €400,000. The real estate market here reflects a mix of traditional and modern housing, with many properties featuring outdoor spaces. This suburban area, with its proximity to Madrid, offers a more affordable option compared to the capital, providing a variety of choices for different budgets. Current trends indicate a gradual increase in home prices, driven by demand from buyers seeking a quieter lifestyle while still having access to the amenities of Madrid.

  • How have real estate prices changed in Humanes de Madrid over the past year?

    Over the past year, real estate prices in Humanes de Madrid have experienced a notable increase, reflecting broader trends in the Madrid metropolitan area. According to local market reports, the average price per square meter has risen approximately 10%, with properties now averaging around €1,800 per square meter. This increase can be attributed to several factors, including a surge in demand from individuals seeking more affordable housing options compared to central Madrid, as well as the area's improved infrastructure and amenities. For instance, newly developed residential complexes, such as those near the town center, have attracted interest, leading to specific listings where two-bedroom apartments have seen price tags rise from €150,000 to around €170,000 within the year. Additionally, the strong rental market, with average monthly rents for similar properties climbing to around €950, has further influenced buying decisions, prompting both investors and first-time buyers to act more swiftly in securing properties.

  • What factors affect real estate prices in Humanes de Madrid?

    Real estate prices in Humanes de Madrid are influenced by various factors, including location, infrastructure, and economic conditions. Proximity to Madrid city center plays a crucial role; properties closer to transport links, such as the A-42 motorway or the Cercanías train service, tend to command higher prices due to the ease of commuting. Additionally, the development of local amenities, such as schools, shopping centers, and parks, can drive demand and consequently prices. For instance, neighborhoods that have seen recent improvements or new developments, like the expansion of the urban green areas or new healthcare facilities, often experience increased buyer interest. Furthermore, the overall economic climate, including employment rates and interest rates, can impact purchasing power and, therefore, real estate valuation. Lastly, demographic trends, such as the influx of younger families seeking affordable housing options compared to central Madrid, also contribute significantly to local market dynamics.

  • Are property prices in Humanes de Madrid higher than in surrounding areas?

    Property prices in Humanes de Madrid tend to be lower than in some of the more affluent neighboring areas. While the average price per square meter in Humanes can hover around €1,500, areas like Móstoles and Alcorcón often see prices ranging from €1,800 to €2,200 per square meter, reflecting their greater proximity to Madrid's city center and more developed urban infrastructure. Similarly, towns like Fuenlabrada and Getafe also exhibit higher property values due to their larger commercial centers and better access to public transportation. However, Humanes de Madrid offers a more suburban environment, which can be an attractive alternative for families or individuals seeking more spacious living conditions at a reduced cost.

  • What is the price per square meter for homes in Humanes de Madrid?

    In Humanes de Madrid, the price per square meter for homes typically ranges between €1,200 and €1,800, depending on the area and type of property. For instance, newly constructed apartments in the central neighborhoods can command prices at the higher end of this spectrum, reaching around €1,800 per square meter. In contrast, older homes or those located further from the center may be available for around €1,200 to €1,400 per square meter. Additionally, factors such as proximity to public transport, amenities, and the overall condition of the property significantly impact pricing. Some specific developments, like those near parks or schools, are particularly sought after, thereby increasing their market value.

  • Is it a good time to invest in real estate in Humanes de Madrid?

    Investing in real estate in Humanes de Madrid can be influenced by various factors including local market conditions, property prices, and economic trends. As of late 2023, Humanes de Madrid has been experiencing a steady increase in new residential developments, which indicates potential demand for housing. The average property prices in the area are generally lower compared to nearby Madrid metropolitan regions, making it attractive for first-time homebuyers and investors looking for rental properties. For example, the town has seen the establishment of several new residential complexes that cater to families and young professionals, contributing to population growth. Additionally, the accessibility of the Madrid commuter train services adds to its appeal, as many professionals working in the capital might consider living in more affordable areas like Humanes de Madrid. However, as with any investment, factors such as economic fluctuations, changes in interest rates, and local governmental policies will likely play significant roles in shaping the real estate landscape in the coming months.

  • What types of properties are the most expensive in Humanes de Madrid?

    In Humanes de Madrid, the most expensive properties typically consist of spacious detached houses and luxury villas, reflecting the demand for family-oriented living. These homes often feature modern amenities, extensive gardens, and multiple bedrooms, catering to larger households. Properties located near the town center or with easy access to public transport command higher prices due to their convenience. An example of this is the real estate near the Parque de Los Arboles, which offers lush green spaces and a quieter atmosphere. Other high-value areas include developments with new constructions that boast energy-efficient systems and contemporary designs, appealing to buyers looking for upscale living. Additionally, properties with unique features, such as swimming pools or expansive outdoor areas, also tend to reach the upper price range in the market.

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