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 188 homes1 filter on · Clear all
188 homesGap to fair value, lowest first
Homes for sale in Centro, sorted by gap to fair value, lowest first
PhotoAddressPrice€/m²BedsVerdictVs fairDaysCutsAgency
Centro, Malasaña-UniversidadMalasaña · Ground floor, lift€750,000€5,7251315Below fair−37%61No readUnica Inmobiliaria
Piso en venta en Barrio del Pilar – Madrid | Gilmar ConsultingTerrace€715,000€5,7661244Below fair−37%0No readGilmar
Piso en venta en Sol – Madrid | Gilmar Consulting InmobiliarioTerrace€710,000€5,9661193Below fair−36%159No readGilmar
CentroJusticia · 2nd floor, terrace€1,985,000€10,0761973Below fair−36%111No readEngel & Völkers
Amplio piso llave en manoJusticia · 3rd floor, lift€2,500,000€9,9602514Below fair−36%87No readDiza Consultores
Piso en venta en Palacio – Madrid | Gilmar Consulting InmobiliarioPalacio · Lift€1,025,000€5,9591723Below fair−36%0No readGilmar
Piso en venta en Lavapiés – Madrid | Gilmar Consulting InmobiliarioLavapiés · Lift€760,000€5,8021316Below fair−36%0No readGilmar
Spacious 4-bed apartment with terrace in CentroJusticia · Terrace€2,350,000€9,1802564Below fair−35%181No readLucas Fox
CentroTerrace€840,000€6,0001404Below fair−35%176No readWalter Haus
Centro2nd floor, terrace€1,119,000€8,0501393Below fair−35%175No readEngel & Völkers
Piso en venta en Madrid (ref.2405)2nd floor, lift€1,119,000€8,0501391Below fair−35%145No readScala Properties
Centro3rd floor, terrace€946,000€7,6291242Below fair−35%110No readEngel & Völkers
Piso en venta en Malasaña – Madrid | Gilmar Consulting InmobiliarioMalasaña · Lift€990,000€6,1491616Below fair−35%110No readGilmar
Centro, MadridLocated in the very heart of Salesas, one of Madrid’s most exclusive and sought-after areas, the property is just minutes from the historic Convent of the Royal Salesas and its emblematic square. Surrounded by renowned restaurants, prestigious boutiques, art galleries, bookshops, and exclusive stores, it offers a unique lifestyle in one of the capital’s most distinctive neighborhoods.Its prime location, just minutes from the Paseo de Recoletos, Retiro Park, Gran Vía, and Columbus Square, together with excellent transport links, makes this property an outstanding option both for those seeking an exclusive residence and for investors wishing to acquire a high-end asset in one of Madrid’s most in-demand and promising areas.Show more3rd floor, terrace€990,000€9,7061021Below fair−35%12No readEngel & Völkers
Maravilloso y espacioso piso cerca del Centro Comercial Arturo Soria PlazaGround floor, terrace€1,435,000€5,9052434Below fair−35%12No readDe Salas
Piso en venta en Embajadores – Madrid | Gilmar Consulting InmobiliarioEmbajadores€1,700,000€6,0712807Below fair−34%176No readGilmar
Calle Isla de Oza, 70, Local F 28035 Madrid (M)16th floor, terrace€850,000€6,2961353Below fair−34%176No readTecnocasa
Acogedor piso con dos patios en JusticiaJusticia€1,224,000€8,0001534Below fair−34%167No readVeraltia
Dúplex renovado junto a Plaza de España y Príncipe Pío€780,000€6,0001302Below fair−34%167No readVeraltia
Vivienda de lujo totalmente reformada, en un edificio clásico del barrio Justicia.Justicia · Terrace€2,550,000€10,3242474Below fair−34%137No readOlisson Club
Piso en venta en Montecarmelo – Madrid | Gilmar ConsultingTerrace€789,000€6,0231313Below fair−34%9No readGilmar
Lavapiés - Embajadores, Madrid ciudadLavapiés · 3rd floor, terrace€749,000€8,511882Below fair−33%1591 · −3%AProperties
CentroJusticia · 1st floor, terrace€1,100,000€8,3331323Below fair−33%110No readEngel & Völkers
Chueca - Justicia, Madrid ciudadPenthouse, terrace€1,000,000€7,4071352Below fair−33%34No readAProperties
25–48 of 188 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.