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
PalacioPalacio · 3rd floor, lift€1,790,000€10,8481653Above fair+16%6No readBarnes Madrid
Chueca - Justicia, Madrid ciudad1st floor, terrace€1,890,000€10,8621742Fair+16%1No readAProperties
Duplex penthouse with terrace in JusticiaJusticia · Ground floor, terrace€1,890,000€13,3101422Above fair+17%137No readSpain Sotheby's International Realty
Esencia de Justicia en edificio decimonónico.Justicia · 1st floor, terrace€3,200,000€12,2142623Above fair+17%110No readDiza Consultores
Justicia - ChuecaGround floor, terrace€2,250,000€10,6132123Above fair+17%87No readColdwell Banker
CentroJusticia · 2nd floor, lift€3,290,000€15,5192123Above fair+17%87No readHousingo
Magnífica propiedad reformada en pleno JusticiaJusticia · Ground floor, parking€1,350,000€10,8871242Fair+17%11No readDe Salas
Penthouse with Garage and Terrace in JusticiaJusticia · Terrace€6,600,000€16,1764084Fair+17%7No readSpain Sotheby's International Realty
Palacio, Madrid ciudadPalacio · 1st floor, terrace€1,263,000€9,7151302Above fair+17%1No readAProperties
CentroPalacio · 3rd floor, terrace€1,690,000€10,7641573Above fair+18%175No readEngel & Völkers
Ático reformado con terraza y diseño contemporáneoTerrace€899,000€14,500621Above fair+18%167No readVeraltia
Flat with 8 refurbished balconies in JusticiaJusticia · Terrace€2,590,000€14,6331773Fair+18%1151 · −4%Spain Sotheby's International Realty
CentroHuertas · 4th floor, terrace€2,900,000€11,9342432Above fair+18%37No readHousingo
Madrid, Centro4th floor, terrace€1,120,000€11,2001003Fair+18%0No readDomus Aurea Capital
Centro2nd floor, terrace€1,300,000€11,0171182Fair+19%175No readEngel & Völkers
C. de Leganitos, 18, Centro, 28013 MadridPalacio · Terrace€3,300,000€18,9661744Fair+19%175No readBestFlat
Centro5th floor, terrace€2,350,000€10,7802184Above fair+19%147No readEngel & Völkers
Centro - JusticiaJusticia · Ground floor, terrace€950,000€13,571701Above fair+19%134No readSavills Spain
Centro1st floor, lift€1,050,000€10,5001003Above fair+19%111No readHousingo
Centro, MadridJusticia is one of the most sought-after and vibrant neighborhoods in the heart of Madrid. Known for its elegant architecture, charming streets, and cosmopolitan atmosphere, it perfectly blends the authenticity of traditional Madrid with a sophisticated modern lifestyle.The area is bounded by Calle de Sagasta and Calle de Génova to the north, Paseo de Recoletos to the east, Calle de Fuencarral to the west, and Gran Vía to the south.This highly coveted residential area offers an exceptional lifestyle, with a wide variety of boutique shops, art galleries, stylish bars, and renowned restaurants.Justicia preserves the city’s classic architectural essence, with elegant façades, wrought-iron balconies, narrow streets, and picturesque squares. Among its architectural landmarks is the iconic SGAE building, one of the few examples of Modernist architecture in Madrid.The neighborhood is ideally located near some of Madrid’s most iconic sites, such as Puerta del Sol, Puerta de Alcalá, the Prado Museum, the Royal Palace of Madrid and its gardens, Almudena Cathedral, and the Royal Theatre.The area also has excellent public transport links, with nearby metro stations such as Tribunal (Lines 1 and 10), Alonso Martínez (Lines 4, 5, and 10), and Chueca (Line 5), as well as numerous bus routes.An exceptional opportunity to acquire a property in one of Madrid’s best locations.Show moreTerrace€1,280,000€11,0341161Above fair+19%12No readEngel & Völkers
Chueca - Justicia, Madrid ciudadLower ground, terrace€1,950,000€11,0171772Above fair+19%6No readAProperties
PalacioPalacio · 4th floor€3,180,000€19,2731655Above fair+19%6No readBarnes Madrid
CentroMalasaña · 5th floor, terrace€1,459,000€10,9701333Fair+20%175No readEngel & Völkers
Madrid, Centro3rd floor, lift€1,500,000€11,1111352Above fair+20%161No readDomus Aurea Capital
457–480 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.