Frankly.

District · one of Madrid’s 21

Centro

Historic heart of Madrid. Unmatched culture and access — at a premium.

769homes for sale right nowfor sale277 to rent

from 36 agencies · checked yesterday

See the homes

At a glance

Who lives here, what homes sell for, what they rent for.

Each card leads with the figure most buyers ask about, then compares it with Madrid city. Green means up, red means down, blue means little change.

Neighbourhood

€44,958household income a yeara year

Madrid €49,916Household income · Madrid €49,916

Official district

People

Population
down 3.1% in a year
141,800
Average age
Madrid 44.2
43.9
Aged 65 or over
Madrid 20.7%
16.9%
Registered unemployment
Madrid 5.8%
5.3%
Years of income to buy
average-size home (72 m²) ÷ household income · Madrid 9.8
11.7 years

SaleCentro · askingasking

€9,712per m²

Madrid, homes we track: €11,000

Price trend

What homes here sold for

Homes here sold for about
registered sales across the whole district, brought up to this quarter · not matched to barrioswhole district · not matched to barrios
€7,350/m²
Asking vs sold
Homes we track ask about 32% more than recorded sales across the district. Part of that is location.about 32% more, whole district
+32%

Homes for sale now

Priced below our fair value
of 640 homes we can read
29%
Typical time advertised
since we first saw each one
115 days
Have cut their price
89 of 769
12%

RentCentro · askingasking

€29.6per m² a month

Madrid, homes we track: €29.7

Rents declared for tax

In 2024
up 4.1% that year
€17.7 per m²

Homes to rent now

To rent now
homes we track
277
Typical rent
half ask less, half more
€2,950 a month
Typical time listed
since we first saw each one
129 days

Asking rents of the homes we track. Declared rents come from tax returns and run about two years behind.

No grade for mortgage defaults or squatting (okupación), on purpose. Spain publishes both only for the whole province, so a Centro grade would be invented precision.

Homes in Centro

Every home for sale in Centro, with our read on each price.Every home for sale, with our read on each price.

Sorted by the gap to our fair value, so homes priced furthest below it come first. Click any column heading to sort by it instead.

Showing 231 homes1 filter on · Clear all
231 homesGap to fair value, lowest first
Homes for sale in Centro, sorted by gap to fair value, lowest first
PhotoAddressPrice€/m²BedsVerdictVs fairDaysCutsAgency
Piso en venta en Malasaña – Madrid | Gilmar Consulting InmobiliarioMalasaña€720,000€6,0501193Fair−16%0No readGilmar
Reforma a estrenar en el centro historico de Madrid3rd floor, terrace€1,240,000€7,8981573Below fair−15%1792 · −14%Diza Consultores
Centro, MadridTerrace€1,119,000€8,0501393Below fair−14%3No readEspígul
3-bed apartment with lift in Montera, CentroLift€919,000€8,2051123Fair−13%181No readLucas Fox
Centro3rd floor, lift€919,000€8,2051123Fair−13%0No readBarnes Madrid
PalacioPalacio · Ground floor, terrace€844,000€8,0381053Below fair−12%144No readColdwell Banker
Exclusiva propiedad junto a Plaza de España – Elegancia, amplitud y vistas privilegiadas en el corazón de MadridLift€925,000€8,3331113Fair−12%115No readThe Avenue Select Real Estate
Centro4th floor, terrace€1,770,000€9,1711933Fair−12%111No readHousingo
CentroGround floor, lift€875,000€7,6751143Below fair−12%25No readHousingo
Centro, MadridLift€919,000€8,2051123Fair−12%3No readEspígul
Centro2nd floor€1,119,000€8,0501393Below fair−12%0No readBarnes Madrid
Piso en venta en Sol – Madrid | Gilmar Consulting InmobiliarioTerrace€1,440,000€8,0901783Fair−11%176No readGilmar
CentroTerrace€3,393,793€9,8093463Below fair−11%176No readWalter Haus
Fabuloso piso en edificio rehabilitado en JusticiaJusticia€2,200,000€9,7352263Below fair−11%167No readVeraltia
Centro, MadridMalasaña · Lift€1,269,000€8,6921463Below fair−11%3No readEspígul
Centro3rd floor, terrace€1,060,000€8,2171293Fair−10%175No readEngel & Völkers
CentroPalacio · 5th floor, terrace€2,000,000€8,2642423Below fair−10%147No readEngel & Völkers
CentroMalasaña · Lift€1,269,000€8,6921463Below fair−10%0No readBarnes Madrid
Piso en venta en Universidad – Madrid | Gilmar Consulting InmobiliarioLift€1,499,000€8,5171763Fair−10%0No readGilmar
CentroMalasaña · 1st floor, lift€1,269,000€8,6921463Fair−9%181No readHousingo
Centro€1,857,331€8,4422203Fair−9%111No readWalter Haus
Sol, Madrid ciudad2nd floor, terrace€1,139,000€8,4371353Fair−9%1No readAProperties
Centro€1,857,331€8,4422203Fair−8%176No readWalter Haus
CentroPalacio · Ground floor, terrace€1,195,000€8,3571433Fair−8%175No readEngel & Völkers
49–72 of 231 homes
  • Piso en venta en Malasaña – Madrid | Gilmar Consulting InmobiliarioMalasaña · 119 m² · 3 bed€720,000€6,050/m²
    −16%Vs fair
    0Days listed
    No readCuts
    FairGilmar
  • Reforma a estrenar en el centro historico de Madrid157 m² · 3 bed€1,240,000€7,898/m²
    −15%Vs fair
    179Days listed
    2 · −14%Cuts
    Below fairDiza Consultores
  • Centro, Madrid139 m² · 3 bed€1,119,000€8,050/m²
    −14%Vs fair
    3Days listed
    No readCuts
    Below fairEspígul
  • 3-bed apartment with lift in Montera, Centro112 m² · 3 bed€919,000€8,205/m²
    −13%Vs fair
    181Days listed
    No readCuts
    FairLucas Fox
  • Centro112 m² · 3 bed€919,000€8,205/m²
    −13%Vs fair
    0Days listed
    No readCuts
    FairBarnes Madrid
  • PalacioPalacio · 105 m² · 3 bed€844,000€8,038/m²
    −12%Vs fair
    144Days listed
    No readCuts
    Below fairColdwell Banker
  • −12%Vs fair
    115Days listed
    No readCuts
    FairThe Avenue Select Real Estate
  • Centro193 m² · 3 bed€1,770,000€9,171/m²
    −12%Vs fair
    111Days listed
    No readCuts
    FairHousingo
  • Centro114 m² · 3 bed€875,000€7,675/m²
    −12%Vs fair
    25Days listed
    No readCuts
    Below fairHousingo
  • Centro, Madrid112 m² · 3 bed€919,000€8,205/m²
    −12%Vs fair
    3Days listed
    No readCuts
    FairEspígul
  • Centro139 m² · 3 bed€1,119,000€8,050/m²
    −12%Vs fair
    0Days listed
    No readCuts
    Below fairBarnes Madrid
  • −11%Vs fair
    176Days listed
    No readCuts
    FairGilmar
  • Centro346 m² · 3 bed€3,393,793€9,809/m²
    −11%Vs fair
    176Days listed
    No readCuts
    Below fairWalter Haus
  • Fabuloso piso en edificio rehabilitado en JusticiaJusticia · 226 m² · 3 bed€2,200,000€9,735/m²
    −11%Vs fair
    167Days listed
    No readCuts
    Below fairVeraltia
  • Centro, MadridMalasaña · 146 m² · 3 bed€1,269,000€8,692/m²
    −11%Vs fair
    3Days listed
    No readCuts
    Below fairEspígul
  • Centro129 m² · 3 bed€1,060,000€8,217/m²
    −10%Vs fair
    175Days listed
    No readCuts
    FairEngel & Völkers
  • CentroPalacio · 242 m² · 3 bed€2,000,000€8,264/m²
    −10%Vs fair
    147Days listed
    No readCuts
    Below fairEngel & Völkers
  • CentroMalasaña · 146 m² · 3 bed€1,269,000€8,692/m²
    −10%Vs fair
    0Days listed
    No readCuts
    Below fairBarnes Madrid
  • −10%Vs fair
    0Days listed
    No readCuts
    FairGilmar
  • CentroMalasaña · 146 m² · 3 bed€1,269,000€8,692/m²
    −9%Vs fair
    181Days listed
    No readCuts
    FairHousingo
  • Centro220 m² · 3 bed€1,857,331€8,442/m²
    −9%Vs fair
    111Days listed
    No readCuts
    FairWalter Haus
  • Sol, Madrid ciudad135 m² · 3 bed€1,139,000€8,437/m²
    −9%Vs fair
    1Days listed
    No readCuts
    FairAProperties
  • Centro220 m² · 3 bed€1,857,331€8,442/m²
    −8%Vs fair
    176Days listed
    No readCuts
    FairWalter Haus
  • CentroPalacio · 143 m² · 3 bed€1,195,000€8,357/m²
    −8%Vs fair
    175Days listed
    No readCuts
    FairEngel & Völkers

Asking prices, as published; we have not checked them against the deed. “Below fair” means cheaper per m² than three in four similar homes nearby; “Above fair”, dearer than three in four. The % compares each home with the median price per m² of those similar homes. Every row opens the home’s own page with the working shown.Asking prices, as published; not checked against the deed. “Below fair” means cheaper per m² than three in four similar homes nearby.

Found one you like? Ask before you offer.

The verified agent can tell you what the numbers above leave out: works planned on a building, how a street feels at night, and what a seller here is likely to accept.The verified agent can tell you what the numbers leave out: works planned on a building, how a street feels at night, what a seller here is likely to accept.

Check one home’s price

An independent buyer’s agent in Madrid that Frankly has verified. 30 minutes, free, no obligation — paid by you, not by the seller.An independent buyer’s agent Frankly has verified. 30 minutes, free. Paid by you, not by the seller.