District · one of Madrid’s 21
Historic heart of Madrid. Unmatched culture and access — at a premium.
769for sale277 to rent
from 36 agencies · checked yesterday
At a glance
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.
€44,958a year
Household income · Madrid €49,916
Official district
People
€9,712per m²
Madrid, homes we track: €11,000
Price trend
up 3.4%in a yeardown 1.9%on the quarter
Official price index · all second-hand sales in the district
What homes here sold for
Homes for sale now
€29.6per m² a month
Madrid, homes we track: €29.7
Rents declared for tax
Homes to rent now
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
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.
| Photo | Address | Price | €/m² | m² | Beds | Verdict | Vs fair | Days | Cuts | Agency |
|---|---|---|---|---|---|---|---|---|---|---|
 | Huertas - Cortes, Madrid ciudadHuertas · Terrace | €995,000 | €6,589 | 151 | 4 | Below fair | −47% | 87 | 1 · −9% | AProperties |
 | Piso en venta en Lavapiés – Madrid | Gilmar Consulting InmobiliarioLavapiés · Terrace | €898,000 | €5,377 | 167 | 6 | Below fair | −42% | 60 | 1 · −9% | Gilmar |
 | Lavapiés - Embajadores, Madrid ciudadLavapiés · 3rd floor, terrace | €749,000 | €8,511 | 88 | 2 | Below fair | −33% | 159 | 1 · −3% | AProperties |
 | Malasaña - Universidad, Madrid ciudadMalasaña · 1st floor, terrace | €750,000 | €6,000 | 125 | 2 | Below fair | −32% | 136 | 2 · −6% | AProperties |
 | Sol, Madrid ciudad3rd floor, terrace | €1,750,000 | €8,140 | 215 | 2 | Below fair | −28% | 180 | 2 · −24% | AProperties |
 | Malasaña - Universidad, Madrid ciudadMalasaña · Terrace | €1,285,000 | €8,344 | 154 | 2 | Below fair | −27% | 136 | 2 · −7% | AProperties |
 | Sol, Madrid ciudad3rd floor, terrace | €950,000 | €6,786 | 140 | 2 | Below fair | −26% | 180 | 3 · −20% | AProperties |
 | Piso en venta en Palacio – Madrid | Gilmar Consulting InmobiliarioPalacio · Lift | €1,950,000 | €8,025 | 243 | 7 | Below fair | −23% | 60 | 1 · −2% | Gilmar |
 | CentroEmbajadores · 2nd floor, terrace | €1,550,000 | €7,908 | 196 | 4 | Below fair | −21% | 115 | 1 · −6% | Housingo |
 | Renovated 3-bed apartment in Malasana, CentroMalasaña · 4th floor | €1,490,000 | €7,842 | 190 | 3 | Below fair | −19% | 111 | 1 · −4% | Lucas Fox |
 | Piso en venta en Sol – Madrid | Gilmar Consulting InmobiliarioLift | €798,000 | €7,255 | 110 | 4 | Below fair | −17% | 176 | 1 · −6% | Gilmar |
 | Centro3rd floor, lift | €1,145,000 | €7,340 | 156 | 2 | Below fair | −17% | 145 | 1 · −8% | Housingo |
 | Piso de lujo reformado en edificio clásico en JusticiaJusticia · Lift | €3,300,000 | €12,941 | 255 | 3 | Fair | −17% | 140 | 1 · −8% | Diza Consultores |
 | Centro, Cortes-HuertasHuertas · 1st floor, lift | €1,790,000 | €6,885 | 260 | 5 | Fair | −15% | 181 | 2 · −5% | Unica Inmobiliaria |
 | Reforma a estrenar en el centro historico de Madrid3rd floor, terrace | €1,240,000 | €7,898 | 157 | 3 | Below fair | −15% | 179 | 2 · −14% | Diza Consultores |
 | Justicia - ChuecaGround floor, terrace | €800,000 | €8,000 | 100 | 2 | Below fair | −15% | 176 | 1 · −10% | Coldwell Banker |
 | Centro, EmbajadoresEmbajadores · 2nd floor, terrace | €1,650,000 | €8,418 | 196 | 4 | Fair | −14% | 111 | 1 · 0% | Unica Inmobiliaria |
 | Centro, Cortes-HuertasHuertas · 1st floor, lift | €1,790,000 | €8,483 | 211 | 5 | Fair | −13% | 34 | 1 · −6% | Unica Inmobiliaria |
 | Malasaña - Universidad, Madrid ciudadMalasaña · 1st floor, terrace | €795,000 | €10,325 | 77 | 2 | Fair | −11% | 103 | 1 · −9% | AProperties |
 | Sol, Madrid ciudad3rd floor, terrace | €995,000 | €6,815 | 146 | 2 | Fair | −9% | 133 | 3 · −17% | AProperties |
 | Malasaña-UniversidadMalasaña · Penthouse, terrace | €2,190,000 | €8,902 | 246 | 3 | Fair | −8% | 134 | 1 · −8% | The Sibarist |
 | Chalet pareado reformado con jardín sur en exclusiva urbanización privadaTerrace | €3,750,000 | €7,500 | 500 | 6 | Fair | −7% | 137 | 2 · −11% | Olisson Club |
 | Piso en venta Centro, Justicia, Madrid1 590 000 EUR | €1,590,000 | €10,127 | 157 | 3 | Fair | −6% | 137 | 1 · −5% | John Taylor Spain |
 | Piso en venta Centro, Universidad, Madrid890 000 EURMalasaña | €890,000 | €8,641 | 103 | 2 | Fair | −6% | 87 | 1 · −1% | John Taylor Spain |
1–24 of 89 homes | ||||||||||
Asking prices, as published; not checked against the deed. “Below fair” means cheaper per m² than three in four similar homes nearby.
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.
An independent buyer’s agent Frankly has verified. 30 minutes, free. Paid by you, not by the seller.
How we got these numbers
Every figure on this card: what it measures, where it comes from, and what we did to it. Figures cover the official district.
Attribution
Elaboración propia con datos extraídos del sitio web del INE: www.ine.es, 2023. Licence CC BY 4.0.
Origen de los datos: Ayuntamiento de Madrid, 2024–2026. Licence CC BY 4.0.
Comunidad de Madrid, IPVCM, Q2 2026. Licence CC BY 4.0.
Source: Colegio de Registradores, via Ayuntamiento de Madrid statistics.
How we got these numbers
Every figure on this card: what it measures, where it comes from, and what we did to it.
Attribution
Comunidad de Madrid, IPVCM, Q2 2026. Licence CC BY 4.0.
Source: Colegio de Registradores, via Ayuntamiento de Madrid statistics.
Listing prices belong to the agencies that publish them. Frankly does not verify them.
How we got these numbers
Every figure on this card: what it measures, where it comes from, and what we did to it.
Attribution
Elaboración propia con datos extraídos del sitio web del INE: www.ine.es, 2024. Licence CC BY 4.0.
Source: Ministerio de Vivienda y Agenda Urbana, SERPAVI, 2011–2024 database (file last updated 9 July 2026); figures for 2024. Reused under the ministry’s terms, which require this citation.
Listing prices belong to the agencies that publish them. Frankly does not verify them.
How we got these numbers
Every figure in this section: what it measures, where it comes from, and what we did to it.
Attribution
Listing prices belong to the agencies that publish them. Frankly does not verify them.