Miami vs Madrid — property investment comparison

Side by side on the data Arkon holds: live listing prices, price per m², inventory depth and acquisition costs. No forecasts and no modelled returns.

Which is stronger for…

Lowest entry ticket
Madrid opens at €103,000 at the 25th percentile of its live sample, versus €469,200 in Miami.
Cheapest floor space
Madrid trades 53% below Miami per m² across the live sample (€2,189/m² vs €4,642/m²).
Depth of live inventory
Madrid currently has 41 active tracked listings against 33 in Miami.

Market metrics

MetricMiamiMadrid
Typical entry price (25th percentile of live sample)€469,200€103,000
Median asking price€621,000€108,000
Median price per m²€4,642/m²€2,189/m²
Active tracked listings3341
Arkon-verified listings3331
Price growth 2018–2024 (historic research series)not tracked+64%

Figures are medians and percentiles of the listings Arkon currently tracks, converted to EUR — not a market index. Rental yields are omitted because rent comparables are not yet held for these markets. Read the methodology.