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

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 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%
See the homes

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.

See homes to rent

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.

For sale769For rent277
Price
€700k – €13M
Bedrooms
Any1234+
Size
41 – 1,629 m²
Our verdict
AllBelow fairFairAbove fair
Barrio
All barrios
Has had a price cut
Showing 769 homesNo filters on
Sort: Gap to fair value, highest first
769 homesGap to fair value, highest first
Homes for sale in Centro, sorted by gap to fair value, highest first
PhotoAddressPrice€/m²m²BedsVerdictVs fairDaysCutsAgency
Piso en venta en Justicia – Madrid | Gilmar Consulting InmobiliarioJusticia€7,600,000€23,3853254Above fair+124%87No readGilmar
Centro3rd floor, terrace€2,750,000€19,3661423Above fair+99%145No readHousingo
CentroTerrace€1,850,000€17,7881041Above fair+88%147No readEngel & Völkers
ARQUITECTURA DE AUTOR Y VISTAS ÚNICAS EN SALESASGround floor€2,100,000€16,5351272Above fair+82%155No readOtto Bayt
Justicia3rd floor, lift€2,450,000€13,8421772Above fair+82%6No readBarnes Madrid
CentroJusticia · 3rd floor, terrace€2,065,100€18,6051113Above fair+80%147No readEngel & Völkers
obra nueva y exclusividad en el corazón de Madrid.Ground floor, lift€1,637,000€15,7401041Above fair+79%68No readDiza Consultores
Justicia - ChuecaGround floor, terrace€1,490,000€14,3271042Above fair+75%0No readColdwell Banker
Exclusividad, historia y vanguardia en el corazón de Madrid.Justicia · Terrace€3,777,000€19,5701933Above fair+71%68No readDiza Consultores
CentroJusticia · Terrace€6,200,000€16,3593795Above fair+69%111No readEngel & Völkers
Lienzo en blanco en el corazón de JusticiaLift€2,200,000€15,3851432Above fair+68%179No readDiza Consultores
Impresionante piso reformado en el centro de MadridPalacio · Lift€2,600,000€15,3851693Above fair+68%137No readOlisson Club
Centro, Malasaña-UniversidadMalasaña · 5th floor, terrace€1,150,000€19,167602Above fair+64%1No readUnica Inmobiliaria
JusticiaJusticia · Ground floor, lift€1,490,000€14,3271042Above fair+62%61 · −6%Barnes Madrid
Chueca - Justicia, Madrid ciudad1st floor, terrace€3,590,000€15,8852262Above fair+61%1801 · −6%AProperties
Justicia2nd floor, lift€2,175,000€12,2881772Above fair+61%6No readBarnes Madrid
Centro2nd floor, terrace€1,400,000€19,718711Above fair+60%175No readEngel & Völkers
Chueca - Justicia, Madrid ciudadLower ground, terrace€2,450,000€14,0801742Above fair+59%1801 · −8%AProperties
Chueca - Justicia, Madrid ciudadLower ground, terrace€1,700,000€13,3861272Above fair+58%180No readAProperties
Luxury Penthouse with spectacular views in the heart of JusticiaJusticia · Terrace€6,200,000€17,2223603Above fair+57%137No readSpain Sotheby's International Realty
Centro2nd floor, lift€1,769,000€14,1521253Above fair+55%181No readHousingo
Centro3rd floor, terrace€4,600,000€16,9122724Above fair+55%148No readEngel & Völkers
Centro, MadridLocation and SurroundingsLocated in the sought-after Justicia district, Calle Piamonte stands as one of the capital’s most exclusive, peaceful and elegant thoroughfares. This picturesque street connects iconic roads such as Calle del Barquillo and Calle del Almirante, forming a micro-area of exceptional architectural and residential value that attracts diplomats, executives and lovers of a cosmopolitan lifestyle.Lifestyle and Cultural OfferingJusticia has established itself as Madrid’s equivalent of New York’s SoHo or Paris’s Marais. Strolling along Calle Piamonte and its surroundings means entering a refined atmosphere where the following coexist:Designer Boutiques and Independent Labels: Fashion concept stores, luxury perfumeries, art galleries and antique dealers.Cutting-Edge Cuisine: A vibrant culinary scene ranging from inviting bistros and specialty coffee shops to acclaimed signature restaurants and internationally renowned cocktail bars.Heritage and History: Just steps from architectural treasures such as the stately buildings on Calle Fernando VI, Viluma Palace, the Church of the Discalced Mercedarian Nuns and the historic Longoria Palace (SGAE).Connections and Points of InterestIts strategic location offers urban vibrancy with the utmost residential tranquillity:Main thoroughfares: Bordered by Paseo de Recoletos, Calle Génova, Calle Fuencarral and Gran Vía.Within walking distance: Place de Paris, the Supreme Court, Puerta de Alcalá, El Retiro Park and the Golden Triangle of Art (the Prado, Thyssen-Bornemisza and Reina Sofía Museums).Mobility: Excellent public transport network (Chueca, Banco de España and Alonso Martínez metro stations, in addition to numerous bus routes) and quick access to the city’s main outbound thoroughfares.Show more3rd floor, terrace€1,589,000€14,7131083Above fair+55%6No readEngel & Völkers
Piso en venta en Malasaña – Madrid | Gilmar Consulting InmobiliarioMalasaña · Terrace€1,260,000€17,746711Above fair+54%87No readGilmar
1–24 of 769 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.