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
Centro, MadridLocated on Cava de San Miguel, one of the streets with the most character in Madrid’s historic Habsburg district, the property enjoys a privileged location surrounded by history, gastronomy, culture, and all the services needed for a first-class urban lifestyle. Just a few minutes’ walk away are Plaza Mayor, San Miguel Market, Puerta del Sol, and a wide range of restaurants, shops, and cultural spaces.A unique property that combines the architecture and character of historic Madrid with the comfort, quality, and design of a contemporary renovation, conceived for those seeking an exceptional residence in one of the capital’s most iconic locations.2nd floor, terrace€1,700,000€11,0391543Fair+3%12No readEngel & Völkers
JusticiaJusticia€1,190,000€13,077913Fair+3%5No readThe Sibarist
Piso en venta en Cortes – Madrid | Gilmar Consulting InmobiliarioLift€1,445,000€9,6331503Fair+3%0No readGilmar
VIVIENDA DE AUTOR CON DOS TERRAZAS EN EL CENTRO HISTÓRICOMalasaña · Ground floor, terrace€2,920,000€9,6053044Fair+4%1551 · −6%Otto Bayt
CentroJusticia · 3rd floor, terrace€1,890,000€12,6851493Fair+4%147No readEngel & Völkers
Chueca - Justicia, Madrid ciudad1st floor, terrace€749,000€11,523652Fair+4%67No readAProperties
New 2-bed apartment with lift in Palacio, CentroPalacio · Lift€1,400,000€9,5891462Fair+4%38No readLucas Fox
Espectacular última planta frente al Mercado de Barceló, en pleno JusticiaJusticia · Terrace€1,020,000€11,461891Fair+4%26No readVeraltia
Renovated flat with rooftop and pool near Gran Vía and Metrópolis3rd floor, terrace€2,370,000€9,5562483Fair+4%16No readSpain Sotheby's International Realty
Propiedad de lujo en la mejor zona de JusticiaJusticia · Ground floor, lift€1,690,000€11,6551453Fair+4%11No readDe Salas
Cortes3rd floor, terrace€2,550,000€13,4921893Fair+4%6No readBarnes Madrid
JusticiaJusticia€3,700,000€13,8062684Fair+4%6No readBarnes Madrid
Justicia2nd floor, lift€1,475,000€8,4291754Fair+4%6No readBarnes Madrid
Piso en venta en Chueca – Madrid | Gilmar Consulting InmobiliarioLift€1,390,000€9,6531443Fair+4%0No readGilmar
CentroPenthouse, terrace€3,153,500€11,0652854Fair+5%175No readEngel & Völkers
CentroPenthouse, terrace€3,174,700€11,0622874Fair+5%175No readEngel & Völkers
Luminoso piso en la mejor esquina de JusticiaJusticia€1,250,000€13,441932Fair+5%167No readVeraltia
Madrid, Centro6th floor, terrace€2,740,000€9,7862804Above fair+5%1612 · −12%Domus Aurea Capital
Centro€2,550,000€10,3662462Fair+5%12No readGlanz
PalacioPalacio · Lift€1,895,000€9,8191934Above fair+5%6No readBarnes Madrid
Palacio, Madrid ciudadPalacio · 1st floor, terrace€1,590,000€9,3531702Fair+6%1801 · −4%AProperties
Centro3rd floor, lift€1,550,000€9,8101582Fair+6%1811 · −3%Housingo
Madrid, Centro2nd floor, lift€1,350,000€9,7121393Fair+6%161No readDomus Aurea Capital
Madrid, CentroPalacio · 6th floor, terrace€1,800,000€11,2501603Fair+6%161No readDomus Aurea Capital
361–384 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.