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 769 homesNo filters on
769 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 · 2nd floor, terrace€1,690,000€12,1581391Fair−6%22No readAProperties
JusticiaJusticia€1,790,000€11,5481553Fair−6%12No readThe Sibarist
Palacio, Madrid ciudadPalacio · 3rd floor, terrace€2,740,000€8,9843054Below fair−6%1No readAProperties
Chueca - Justicia, Madrid ciudadLower ground, terrace€845,000€7,8971072Fair−6%1No readAProperties
Centro4th floor, terrace€1,185,000€8,7781352Fair−5%175No readEngel & Völkers
Centro2nd floor, terrace€840,000€10,500802Fair−5%175No readEngel & Völkers
CentroJusticia · 3rd floor, terrace€2,775,000€11,0562514Fair−5%147No readEngel & Völkers
Estupenda vivienda a estrenar en el barrio de CortesTerrace€2,200,000€9,3622354Fair−5%137No readOlisson Club
Las LetrasGround floor, parking€995,000€8,6521153Fair−5%136No readKnight Frank
Malasaña - Universidad, Madrid ciudadMalasaña · 2nd floor, terrace€1,599,000€9,0851762Fair−5%115No readAProperties
Piso en venta en Malasaña – Madrid | Gilmar Consulting InmobiliarioMalasaña · Terrace€740,000€7,957932Below fair−5%108No readGilmar
Vivienda de Diseño a Estrenar con Vistas Únicas en PalacioPalacio · Terrace€2,020,000€8,9782254Fair−5%87No readVeraltia
Sol, Madrid ciudad1st floor, terrace€1,190,000€7,5801572Fair−5%67No readAProperties
Piso en venta Centro, Universidad, Madrid875 000 EURMalasaña · Ground floor, lift€875,000€9,309942Fair−5%6No readJohn Taylor Spain
Huertas - Cortes, Madrid ciudadHuertas · 2nd floor, terrace€1,400,000€9,2111522Fair−5%1No readAProperties
Centro, Malasaña-UniversidadMalasaña · 2nd floor, terrace€840,000€7,7061094Fair−5%1No readUnica Inmobiliaria
Piso en venta en Malasaña – Madrid | Gilmar Consulting InmobiliarioMalasaña€738,000€10,696692Fair−5%0No readGilmar
Piso en venta en Malasaña – Madrid | Gilmar Consulting InmobiliarioMalasaña · Lift€990,000€8,3191192Fair−5%0No readGilmar
Oportunidad en Preciados2nd floor, lift€800,000€9,412852Fair−4%1791 · −11%Diza Consultores
Vivienda de ensueño frente al Palacio RealPalacio · Lift€890,000€9,082981Fair−4%179No readDiza Consultores
SolTerrace€1,095,000€8,8311242Fair−4%176No readColdwell Banker
Centro2nd floor, terrace€1,379,000€8,9551543Fair−4%175No readEngel & Völkers
Preciosa Propiedad a estrenar en JustíciaJusticia · Ground floor, parking€2,350,000€9,0382604Below fair−4%167No readDe Salas
JusticiaJusticia · Terrace€850,000€11,039772Fair−4%1442 · −11%Glanz
265–288 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.