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, lowest first
769 homesGap to fair value, lowest first
Homes for sale in Centro, sorted by gap to fair value, lowest first
PhotoAddressPrice€/m²m²BedsVerdictVs fairDaysCutsAgency
Malasaña - Universidad, Madrid ciudadMalasaña · 3rd floor, terrace€1,800,000€9,5241894Below fair−2%1364 · −10%AProperties
Huertas - Cortes, Madrid ciudadHuertas · 4th floor, terrace€1,100,000€11,224982Fair−2%1121 · −8%AProperties
Centro1st floor, terrace€1,300,000€10,4001252Fair−2%110No readEngel & Völkers
Ático en venta en Lavapiés – Madrid | Gilmar Consulting InmobiliarioLavapiés · Terrace€999,000€10,742932Fair−2%6No readGilmar
Centro6th floor, terrace€3,300,000€10,9633012Fair−1%181No readHousingo
CentroGround floor, terrace€850,000€11,039771Fair−1%1814 · −14%Housingo
CentroMalasaña · 3rd floor, lift€1,340,000€8,5351573Fair−1%1811 · −8%Housingo
CentroTerrace€1,875,000€9,7661922Fair−1%1761 · −4%Walter Haus
CentroMalasaña · 3rd floor, terrace€1,390,000€9,2671502Fair−1%175No readEngel & Völkers
CentroPalacio · 1st floor, terrace€1,286,000€9,0561422Fair−1%175No readEngel & Völkers
VIVIENDA DE AUTOR Y VISTAS SOBRE LOS TEJADOS DEL BARRIO DE LOS AUSTRIASGround floor€825,000€9,706853Fair−1%155No readOtto Bayt
CentroHuertas · 4th floor, lift€2,225,000€9,4282363Fair−1%1453 · −11%Housingo
Centro2nd floor, lift€1,245,000€9,0881373Fair−1%136No readHousingo
Malasaña - Universidad, Madrid ciudadMalasaña · 3rd floor, terrace€1,550,000€9,5681622Fair−1%136No readAProperties
Justicia - ChuecaGround floor, terrace€2,920,000€9,5743054Fair−1%132No readColdwell Banker
Malasaña - Universidad, Madrid ciudadMalasaña · 3rd floor, terrace€1,350,000€9,0001502Fair−1%1No readAProperties
Huertas - Cortes, Madrid ciudadHuertas · 2nd floor, terrace€970,000€9,2381052Fair−1%1No readAProperties
Renovated 3-bed apartment in classic building in Salesas, Centro€1,900,000€12,3381543Fair0%181No readLucas Fox
Universidad - MalasañaMalasaña · Terrace€1,550,000€9,5681624Fair0%135No readColdwell Banker
Piso en venta en Cortes – Madrid | Gilmar Consulting InmobiliarioLift€1,380,000€9,5171453Fair0%9No readGilmar
Centro3rd floor, parking€1,240,000€9,0511374Fair0%6No readBarnes Madrid
CentroMalasaña · 4th floor€1,800,000€9,5241893Fair0%6No readBarnes Madrid
Cortes2nd floor, terrace€850,000€14,407591Fair0%6No readBarnes Madrid
Palacio, Madrid ciudadPalacio · 3rd floor, terrace€1,800,000€9,3751927Fair0%1No readAProperties
313–336 of 769 homes
  • Malasaña - Universidad, Madrid ciudadMalasaña · 189 m² · 4 bed€1,800,000€9,524/m²
    −2%Vs fair
    136Days listed
    4 · −10%Cuts
    Below fairAProperties
  • Huertas - Cortes, Madrid ciudadHuertas · 98 m² · 2 bed€1,100,000€11,224/m²
    −2%Vs fair
    112Days listed
    1 · −8%Cuts
    FairAProperties
  • Centro125 m² · 2 bed€1,300,000€10,400/m²
    −2%Vs fair
    110Days listed
    No readCuts
    FairEngel & Völkers
  • Ático en venta en Lavapiés – Madrid | Gilmar Consulting InmobiliarioLavapiés · 93 m² · 2 bed€999,000€10,742/m²
    −2%Vs fair
    6Days listed
    No readCuts
    FairGilmar
  • Centro301 m² · 2 bed€3,300,000€10,963/m²
    −1%Vs fair
    181Days listed
    No readCuts
    FairHousingo
  • Centro77 m² · 1 bed€850,000€11,039/m²
    −1%Vs fair
    181Days listed
    4 · −14%Cuts
    FairHousingo
  • CentroMalasaña · 157 m² · 3 bed€1,340,000€8,535/m²
    −1%Vs fair
    181Days listed
    1 · −8%Cuts
    FairHousingo
  • Centro192 m² · 2 bed€1,875,000€9,766/m²
    −1%Vs fair
    176Days listed
    1 · −4%Cuts
    FairWalter Haus
  • CentroMalasaña · 150 m² · 2 bed€1,390,000€9,267/m²
    −1%Vs fair
    175Days listed
    No readCuts
    FairEngel & Völkers
  • CentroPalacio · 142 m² · 2 bed€1,286,000€9,056/m²
    −1%Vs fair
    175Days listed
    No readCuts
    FairEngel & Völkers
  • VIVIENDA DE AUTOR Y VISTAS SOBRE LOS TEJADOS DEL BARRIO DE LOS AUSTRIAS85 m² · 3 bed€825,000€9,706/m²
    −1%Vs fair
    155Days listed
    No readCuts
    FairOtto Bayt
  • CentroHuertas · 236 m² · 3 bed€2,225,000€9,428/m²
    −1%Vs fair
    145Days listed
    3 · −11%Cuts
    FairHousingo
  • Centro137 m² · 3 bed€1,245,000€9,088/m²
    −1%Vs fair
    136Days listed
    No readCuts
    FairHousingo
  • Malasaña - Universidad, Madrid ciudadMalasaña · 162 m² · 2 bed€1,550,000€9,568/m²
    −1%Vs fair
    136Days listed
    No readCuts
    FairAProperties
  • Justicia - Chueca305 m² · 4 bed€2,920,000€9,574/m²
    −1%Vs fair
    132Days listed
    No readCuts
    FairColdwell Banker
  • Malasaña - Universidad, Madrid ciudadMalasaña · 150 m² · 2 bed€1,350,000€9,000/m²
    −1%Vs fair
    1Days listed
    No readCuts
    FairAProperties
  • Huertas - Cortes, Madrid ciudadHuertas · 105 m² · 2 bed€970,000€9,238/m²
    −1%Vs fair
    1Days listed
    No readCuts
    FairAProperties
  • Renovated 3-bed apartment in classic building in Salesas, Centro154 m² · 3 bed€1,900,000€12,338/m²
    0%Vs fair
    181Days listed
    No readCuts
    FairLucas Fox
  • Universidad - MalasañaMalasaña · 162 m² · 4 bed€1,550,000€9,568/m²
    0%Vs fair
    135Days listed
    No readCuts
    FairColdwell Banker
  • Piso en venta en Cortes – Madrid | Gilmar Consulting Inmobiliario145 m² · 3 bed€1,380,000€9,517/m²
    0%Vs fair
    9Days listed
    No readCuts
    FairGilmar
  • Centro137 m² · 4 bed€1,240,000€9,051/m²
    0%Vs fair
    6Days listed
    No readCuts
    FairBarnes Madrid
  • CentroMalasaña · 189 m² · 3 bed€1,800,000€9,524/m²
    0%Vs fair
    6Days listed
    No readCuts
    FairBarnes Madrid
  • Cortes59 m² · 1 bed€850,000€14,407/m²
    0%Vs fair
    6Days listed
    No readCuts
    FairBarnes Madrid
  • Palacio, Madrid ciudadPalacio · 192 m² · 7 bed€1,800,000€9,375/m²
    0%Vs fair
    1Days listed
    No readCuts
    FairAProperties

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.