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 23 homes2 filters on · Clear all
23 homesGap to fair value, lowest first
Homes for sale in Centro, sorted by gap to fair value, lowest first
PhotoAddressPrice€/m²BedsVerdictVs fairDaysCutsAgency
Huertas - Cortes, Madrid ciudadHuertas · Terrace€995,000€6,5891514Below fair−47%871 · −9%AProperties
Piso en venta en Lavapiés – Madrid | Gilmar Consulting InmobiliarioLavapiés · Terrace€898,000€5,3771676Below fair−42%601 · −9%Gilmar
Piso en venta en Palacio – Madrid | Gilmar Consulting InmobiliarioPalacio · Lift€1,950,000€8,0252437Below fair−23%601 · −2%Gilmar
CentroEmbajadores · 2nd floor, terrace€1,550,000€7,9081964Below fair−21%1151 · −6%Housingo
Piso en venta en Sol – Madrid | Gilmar Consulting InmobiliarioLift€798,000€7,2551104Below fair−17%1761 · −6%Gilmar
Centro, Cortes-HuertasHuertas · 1st floor, lift€1,790,000€6,8852605Fair−15%1812 · −5%Unica Inmobiliaria
Centro, EmbajadoresEmbajadores · 2nd floor, terrace€1,650,000€8,4181964Fair−14%1111 · 0%Unica Inmobiliaria
Centro, Cortes-HuertasHuertas · 1st floor, lift€1,790,000€8,4832115Fair−13%341 · −6%Unica Inmobiliaria
Chalet pareado reformado con jardín sur en exclusiva urbanización privadaTerrace€3,750,000€7,5005006Fair−7%1372 · −11%Olisson Club
Palacio, Madrid ciudadPalacio · 3rd floor, terrace€760,000€8,837865Fair−4%251 · −4%AProperties
Malasaña - Universidad, Madrid ciudadMalasaña · 3rd floor, terrace€1,800,000€9,5241894Below fair−2%1364 · −10%AProperties
VIVIENDA DE AUTOR CON DOS TERRAZAS EN EL CENTRO HISTÓRICOMalasaña · Ground floor, terrace€2,920,000€9,6053044Fair+4%1551 · −6%Otto Bayt
Madrid, Centro6th floor, terrace€2,740,000€9,7862804Above fair+5%1612 · −12%Domus Aurea Capital
Propiedad trofeo en PalacioPalacio · Ground floor, terrace€2,740,000€8,9843054Fair+7%1792 · −12%Diza Consultores
Centro1st floor, terrace€2,190,000€10,1862154Fair+9%1111 · −3%Housingo
Chueca - Justicia, Madrid ciudad3rd floor, terrace€2,990,000€11,6802566Above fair+20%1451 · −12%AProperties
Elegant 5-room residence in classic building in JusticiaJusticia · Terrace€3,950,000€13,0793025Above fair+41%1371 · −7%Spain Sotheby's International Realty
Modernismo y lujo en edificio histórico, en la calle Mayor5th floor, lift€2,980,000€6,8044384No readNo read1791 · −5%Diza Consultores
Casa / Chalet en Madrid, A-6 (NOROESTE), ventaGround floor, terrace€1,507,000€2,1537007No readNo read1671 · −5%Presidence
Piso en venta Centro, Justicia, Madrid3 350 000 EUR€3,350,000€13,2942525No readNo read1371 · −4%John Taylor Spain
Lienzo en blanco en MalasañaMalasaña · 2nd floor, terrace€3,300,000€6,6944935No readNo read1101 · −8%Diza Consultores
Trofeo en Justicia con vistas a la Villa de Paris.Justicia · Parking€3,700,000€14,5102554No readNo read681 · −3%Diza Consultores
Piso en venta Centro, Justicia, Madrid2 200 000 EURLift€2,200,000€7,2613039No readNo read671 · −8%John Taylor Spain
1–23 of 23 homes

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.