There is a luxury development in Madrid that has been “hidden” for years and is stealing the spotlight from La Finca and La Moraleja
If we think about luxury developments in Madrid, names like La Finca or La Moraleja probably come to mind. However, there is a new player on the Madrid luxury real estate board, one that has gone unnoticed for decades and has recently become fashionable among the richest. Low profile. Álamos de Bularas is an urbanization that has been standing since the 1980s, but has gone unnoticed in the shadow of more high-profile names such as its neighbor La Finca. Its strong point is precisely that: combining luxury and exclusivity with a lower profile and less media noise than other areas. But just because it is not the most famous urbanization does not mean that it does not offer high-level luxury; a search on housing portals most popular returns us a few properties that border and even exceed 4 million euros. Tranquility is what is most sought after. Like other luxury developments such as La Finca, Somosaguas or Monte Alina, our protagonist is located in Pozuelo de Alarcón (which by the way is the richest municipality in all of Spain) specifically in the northwest area. Álamos de Bulara is a fairly small urbanization, located next to Monte del Pilar, a forested area of about 800 hectares. Access is closed and has private security. The location factor. In statements to the AD Magazinethe head of the Ketier real estate agency highlights that location is a key factor for more and more buyers to look at Álamos de Bularas. The urbanization is very well connected, with access to both the M40 and the A6, allowing its residents to be in the center of Madrid in less than half an hour and in the center of Pozuelo in just 10 minutes. In addition, it is very close to some prestigious private schools and sports clubs. The new refuge for VIPs. The housing crisis is also impacting how and where the wealthiest shop. We were recently talking about luxury apartments in Madrid were so expensivewhich urbanizations like La Moraleja or La Finca were becoming more “affordable” options“for the great fortunes. According to a Colliers report A year ago, the square meter in neighborhoods such as Salamanca or Chamberí reached peaks that exceeded 27,000 euros per square meter. This has caused many buyers to seek residence in peripheral areas, where demand has increased. In Xataka | The rich neighborhoods of Madrid and Barcelona have changed their accent: millionaires from the US and Mexico invest their fortunes in Spain Image | Max Vakhtbovych, Pexels