Buying a duplex in Madrid


As real estate advisor, we recently worked with a French couple, Pierre and Sophie, who were interested in buying a duplex in Madrid. They had visited Madrid many times and fell in love with the city’s vibrant culture, food, and architecture. This case study will detail our process and the factors we considered to help Pierre and Sophie find their dream duplex.

Client Profile

Pierre and Sophie are a couple in their early forties who live in Paris. They both work in the fashion industry and have a budget of €500,000. They are looking for a two-bedroom, two-bathroom duplex with outdoor space, preferably a terrace.

Initial Consultation

During our first consultation, we discussed Pierre and Sophie’s preferences and goals for their new duplex. They had already done some research on the Madrid market and were drawn to the city’s mix of historic and modern architecture. We discussed the various neighborhoods within Madrid, including the city center and the surrounding suburbs. We also talked about the process of buying a property in Spain, including legal requirements and fees.

Property Search

Based on Pierre and Sophie’s preferences, we began the search for their dream duplex. We looked at various properties online and arranged several viewings. Pierre and Sophie were interested in a duplex with modern amenities and outdoor space. We were able to find several properties that met their criteria, but each had its own unique features and drawbacks.

One property had a large terrace with stunning views of the city, but it was located in a busy area with heavy traffic. Another property was located in a quiet residential area but needed some renovation work. We also found a property that was fully renovated, had a small balcony, and was located in a trendy neighborhood, but it was slightly above their budget.

Property Analysis

After viewing several properties, we sat down with Pierre and Sophie to analyze each one in detail. We discussed the pros and cons of each property, including their location, views, size, and renovation needs. We also talked about the potential resale value of each property and their suitability as a long-term investment.

We then narrowed down the choices to two properties: a fully renovated duplex with a small balcony in a trendy neighborhood, slightly above their budget, and a duplex with a large terrace and stunning city views in a busy area that needed some renovation work. We discussed the benefits and drawbacks of each property in depth, and Pierre and Sophie ultimately decided to make an offer on the duplex with the large terrace.

Negotiation and Closing

We negotiated with the seller and agreed on a price that was within Pierre and Sophie’s budget. We also hired a lawyer to handle the legal process of buying a property in Spain, including reviewing the contract and ensuring that all legal requirements were met.

After several weeks of negotiations and legal work, we closed the deal, and Pierre and Sophie were the proud owners of a duplex in Madrid. The duplex had a large terrace with stunning city views and needed some renovation work, but Pierre and Sophie were excited to make it their own and had already begun planning their renovations.


Working with Pierre and Sophie to find their dream duplex in Madrid was an exciting experience. As a real estate advisor, we were able to help them navigate the complexities of buying a property in Spain, analyze the pros and cons of each property, and negotiate a fair price. Pierre and Sophie were thrilled with their new duplex and were looking forward to spending more time in Madrid.