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
Magnifica Propiedad exterior en finca clásica en Malasaña-Universidad .Malasaña · Ground floor, terrace€1,480,000€9,6731533Fair+6%137No readOlisson Club
CentroJusticia · Terrace€1,750,000€13,0601342Above fair+6%111No readEngel & Völkers
CentroPalacio · 2nd floor, terrace€1,650,000€9,7061703Fair+6%110No readEngel & Völkers
Centro, MadridConde Duque Neighborhood, Central Madrid The penthouse enjoys a privileged setting in one of the capital’s most sought-after and vibrant areas, standing out for the following points: - Opposite the Conde Duque Cultural Center: The property is located literally across from this impressive historic building (a former 18th-century barracks). The main terrace offers direct, exclusive views of its iconic brick façade and large roof. - Cultural and Bohemian Epicenter: Conde Duque is renowned for its dynamic, authentic atmosphere, with art galleries, independent bookshops, design stores, and cutting-edge dining (specialty coffee shops and historic taverns). - Skyline Views: Thanks to its height and orientation, the home not only overlooks the nearby cultural center but also offers clear panoramas of Madrid’s traditional rooftops and the city skyline. - Strategic Connectivity: Despite its quiet neighborhood feel, it is just a few minutes’ walk from major thoroughfares such as Gran Vía, Princesa Street, or the refurbished Plaza de España, with unbeatable public-transport connections. In short: a location that offers the peace of living above it all, with the history, culture, and life of central Madrid at your feet.Show more5th floor, terrace€1,800,000€11,1111622Fair+6%103No readEngel & Völkers
PalacioPalacio · 3rd floor, lift€950,000€19,000504Fair+6%6No readBarnes Madrid
Centro4th floor, terrace€2,490,000€12,2062043Fair+7%181No readHousingo
Propiedad trofeo en PalacioPalacio · Ground floor, terrace€2,740,000€8,9843054Fair+7%1792 · −12%Diza Consultores
Chueca - Justicia, Madrid ciudad1st floor, terrace€749,000€11,889632Fair+7%87No readAProperties
Lienzo en blanco en edificio de 1900Justicia · 1st floor, terrace€1,950,000€12,9141512Above fair+7%68No readDiza Consultores
CentroMalasaña · Lift€1,095,000€9,6901133Fair+7%6No readBarnes Madrid
Centro, MadridPalacio · Lift€1,150,000€9,2001252Fair+7%3No readEspígul
Inversión top en el centro de MadridMalasaña · 2nd floor, terrace€1,300,000€9,8481322Fair+8%164No readDiza Consultores
Centro6th floor, terrace€3,990,000€16,0242495Fair+8%148No readEngel & Völkers
Un ático con dos impresionantes terrazas en pleno centro de MadridHuertas · Terrace€995,000€12,438802Fair+8%137No readOlisson Club
Magnífico piso reformado junto a Gran VíaTerrace€1,240,000€9,7641273Fair+8%137No readOlisson Club
CentroPalacio · 5th floor, terrace€1,320,000€9,9251332Fair+8%110No readEngel & Völkers
Elegancia y luz en Paseo del Prado: piso reformado a estrenar con terraza y piscinaHuertas · Terrace€850,000€12,879661Fair+8%67No readOlisson Club
Centro, Malasaña-UniversidadMalasaña · 2nd floor, lift€1,070,000€9,6401113Fair+8%34No readUnica Inmobiliaria
Madrid, Centro4th floor, lift€3,115,000€9,6143243Fair+8%12No readDomus Aurea Capital
Malasaña - Universidad, Madrid ciudadMalasaña · Terrace€1,200,000€9,3751282Above fair+8%1No readAProperties
Centro1st floor, terrace€2,190,000€10,1862154Fair+9%1111 · −3%Housingo
Las CortesLas Cortes · Terrace€1,100,000€10,0001102Fair+9%12No readThe Sibarist
Centro4th floor, terrace€1,785,000€9,9171804Fair+10%181No readHousingo
Centro3rd floor, terrace€1,650,000€11,6201422Fair+10%1782 · −13%Housingo
385–408 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.