Luxury properties in Madrid are in high demand right now. Both investors and those looking to relocate to Europe are searching for properties in the most exclusive neighborhoods such as Salamanca, Chamberí and El Viso. Strong competition from these other buyers is making the Madrid property market even more difficult to navigate than usual. We strongly recommend you give yourself an edge and work with a dedicated buyer’s agent in Madrid to help you safely and efficiently find the property that perfectly fits your needs and those of your family.

Dedicated representation

Unlike typical Spanish real estate agents, a buyer’s agent works for you. Exclusive buyer’s agents, like our founder Fabiana Greci, work with a limited number of hand picked clients. This ensures that you get the best possible service to help you every step of the way with your property purchase.

Instead of scrolling through endless listings on sites like Idealista, setting up property showings with real estate agents that may not even show up to your appointment (it definitely happens) and trying to negotiate a purchase price in an unknown market, you can leave the work to an expert. A buyer’s agent will learn your wants and needs, then create a short list of available properties tailored to meet your wants and needs.

After helping you decide on the properties you wish to see, your buyer’s agent will arrange a day or two of exclusive property showings. This will enable you to see the maximum amount of properties perfectly suited to your needs in a minimum amount of time. Don’t have time to travel to Madrid? Not a problem. Having a dedicated buyer’s agent in Madrid will enable you to see properties from the comfort of your home, via a video feed.

Your relationship with an exclusive buyer’s agent doesn’t stop when you decide on a property. Your agent will protect your interests every step of the way. They will explain how the Madrid real estate market works (Mediterranean real estate markets differ from those in the US and UK) and help you place an offer on a property. For example, to reserve a property in Madrid you must pay a deposit- typically 10% of the purchase price. If you are looking at a luxury property, this can amount to a significant sum of money. As there is no escrow in Spain, a buyer’s agent will make sure you are 100% protected when you place a bid on a property and pay the deposit.

Madrid Estate works with a network of experienced professionals to ensure your property purchase process is safe, secure and efficient. You can contact our founder Fabiana Greci directly at fabiana@madrid-estate.com or WhatsApp +34 680 306 337 to get your Madrid property purchase started.

A buyer’s agent understands the unique needs of expats

When you work with traditional Spanish real estate agents, you are working with people that are used to working with Spaniards. They most likely don’t speak English and assume that you know how the Spanish real estate market functions. Moreover, they are typically not used to the tastes, wants and needs of expats. They probably won’t know detailed information about international schools or how to navigate the immigration process.

Madrid Estate is founded by an expat, Fabiana Greci. She previously worked in the US real estate market and intuitively understands the needs of expats as she is one herself. She will ensure that every step of the buying process is transparent and beneficial to you.

Will do all the work for you

Looking for a Madrid property can be very time consuming if you do it on your own. First, you will have to research the neighborhood(s) you wish to target. Then, you will have to scroll through multiple online listings to find properties that meet the needs of you and your family. Once you find properties that meet your criteria, you must set up separate appointments to see these apartments. If you don’t speak Spanish, this can be very difficult as most real estate agents don’t speak English.

If you work with a buyer’s agent in Madrid, they will do all this legwork for you. They will speak with you about your relocation needs, then recommend a neighborhood that is best for you and your family. For example, if you have children, they will recommend a neighborhood that has an excellent international school, such as Chamberí. Then, they will conduct an extensive property search to find homes that meet your search criteria. They will arrange appointments to see all the apartments in a day or two, so you don’t waste any time playing the “scheduling game” with multiple real estate agents.

A buyer’s agent can even schedule video meetings with you if you don’t have time to travel to Madrid to see apartments.

Access to off-market properties

Most of the best properties in Madrid never hit the market. Luxury properties, in particular, are usually sold privately, through exclusive contacts and networks. This means that you won’t see the best properties on regular portals or in ads. If you want to take advantage of these special opportunities, you need to work with a buyer’s agent in Madrid. They can help you find a hidden gem.

Another advantage of purchasing an off-market property is the lack of competition. This makes the buying process easier and leaves more room for negotiation.

Expert negotiation

Once you find a property you wish to purchase, you need to negotiate the price. Negotiation is Spain can be delicate and a wrong move can offend the seller. If this happens, they may shut down any further negotiation. A buyer’s agent who has experience in the Madrid real estate market can negotiate the best deal for you. They will work with the seller to get you the best price and not leave money on the table.

Access to a network of trusted professionals

As we mentioned earlier, purchasing a property in Spain is different than buying real estate in the US or UK. You have to make a deposit to take the property off the market. However, there is no escrow in Spain. Therefore, you need to make sure that you work with a trusted group of professionals to ensure your funds are secure. You need an experienced lawyer to perform due diligence on the property. This includes checking the title to make sure the person selling you the apartment does indeed own the property and is accurately presenting what is for sale.

When you pay the deposit, you will need to sign a contrato de arras, which is the pre-purchase contract. This should be reviewed by your lawyer. All property purchase sales are finalized in front of a notary. The sale is completed in the notary’s office by signing the escritura de compraventa (public deed of sale). At this time you pay the remaining balance and associated taxes and fees. When the sale is completed, the notary will go to the Land Registry, where they will ensure the property is registered in your name.

As you can see, there are many steps to purchasing a property in Spain. Moreover, Spain lacks the buyer protections of the US real estate market. If you work with a buyer’s agent in Madrid, every step of the purchase process is secure.

Complete portfolio of after contract services

Once you close on your property, there is still work to do. A buyer’s agent in Madrid can help you with all aspects of property ownership. They can help you find contractors and interior designers to renovate the property into your dream home.

Once you are ready to move in, they can help you seamlessly relocate to Madrid. Their portfolio of services ranges from helping you find the perfect school to helping you pay your bills. A full service, luxury buyer’s agent like Madrid Estate provides concierge services to help you find the best private chef, gain access to VIP events and anything else you may want to live a life of convenience and luxury.

Meet Fabiana Greci

Stop scrolling through public listings. Secure Fabiana Greci as your exclusive buyer’s agent to gain the ultimate advantage in the Madrid market. Contact Fabiana directly at fabiana@madrid-estate.com or WhatsApp +34 680 306 337 to learn how she can help you find the perfect Madrid property.