Madrid’s Property Market Finally Puts The Financial Crisis in Its Rearview Mirror

Michel and Randa Accad’s decision to invest in Madrid began as a solution to a practical problem. The couple, both 65, are Lebanese by birth but live in Kuwait where Mr. Accad is group CEO of Al Ahli Bank of Kuwait.

The couple travel frequently to Europe, for work and vacations, and the red tape around getting visas was “becoming very, very bothersome.” So the couple began investigating the numerous investor schemes which offer European residency, and thus visa-free travel. In the spring of 2018, the couple, who have three...

Looks like an apartment for the 1%.

who wouldn't want to wake up at 6 am, take a nap at 1:30, and then go back to work at 4 pm until 7:00?

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