4 Articles
4 Articles
Living like a nobleman: The highly profitable trend of restoring historic buildings
Major capital cities and their surrounding areas remain the first choice for investors and funds seeking historic buildings. Madrid is a clear example: last year, more than €740 million ($841 million) was invested in the purchase and renovation of this type of property, according to the consulting firm CBRE. “These are generally listed buildings of classical architecture with representative facades and entrances that are being renovated for anot…
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