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
PROPIEDAD ÚNICA EN EL BARRIO MÁS “TRENDY”Justicia · Ground floor, terrace€3,000,000€13,6362203Fair+23%155No readOtto Bayt
CortesTerrace€1,890,000€11,9621582Above fair+23%144No readGlanz
JusticiaJusticia€1,990,000€11,4371743Above fair+23%6No readBarnes Madrid
Piso en venta en Cortes – Madrid | Gilmar Consulting InmobiliarioLift€1,420,000€11,1811272Fair+23%0No readGilmar
JusticiaJusticia · Terrace€1,990,000€15,920125No readAbove fair+24%144No readGlanz
CentroMalasaña · Terrace€1,150,000€14,198812Above fair+24%135No readWalter Haus
SolTerrace€2,300,000€11,5002004Above fair+24%111No readColdwell Banker
Centro, MadridThe building occupies a block bounded by Santa Cruz de Marcenado, Alberto Aguilera, Acuerdo and Calle de la Princesa streets.Princesa Street is one of Madrid’s most important shopping thoroughfares, with department stores such as El Corte Inglés, fashion retailers (Inditex, etc.) and iconic bookstores.The area offers everything from traditional taverns in the Universidad district to specialty coffee shops and modern restaurants on Alberto Aguilera and the surrounding streets of Malasaña.There is a wide range of local markets (such as Argüelles Market) and supermarkets operated by major chains.Green Surroundings and Quality of Life.Although it is a densely urban area, the surroundings provide natural escapes:Parque del Oeste: About a 10-minute walk away, it is one of Madrid’s largest and most beautiful green spaces, ideal for exercising or visiting the Temple of Debod.The Building Itself: It is renowned for its hanging gardens and bioclimatic design, creating a unique microclimate and acoustic insulation from the bustle of the street.Show moreMalasaña · 3rd floor, terrace€1,875,000€7,7162434Fair+24%12No readEngel & Völkers
Piso Madrid - 71 m²Palacio · 4th floor€825,000€11,620713Above fair+24%6No readBarnes Madrid
Centro1st floor, terrace€2,450,000€10,7462283Fair+25%147No readEngel & Völkers
Centro, MadridJusticia es uno de los barrios más deseados y dinámicos en el corazón de Madrid. Conocido por su elegante arquitectura, sus calles con encanto y su ambiente cosmopolita, combina a la perfección la autenticidad del Madrid tradicional con un sofisticado estilo de vida moderno. La zona está delimitada por la calle de Sagasta y la calle de Génova al norte, el paseo de Recoletos al este, la calle de Fuencarral al oeste y la Gran Vía al sur. Esta codiciada zona residencial ofrece un estilo de vida excepcional, con una amplia variedad de tiendas boutique, galerías de arte, bares con estilo y restaurantes de renombre. Justicia conserva la esencia arquitectónica clásica de la ciudad, con elegantes fachadas, balcones de hierro forjado, calles estrechas y plazas pintorescas. Entre sus hitos arquitectónicos destaca el emblemático edificio de la SGAE, uno de los pocos ejemplos de arquitectura modernista en Madrid. El barrio está idealmente situado cerca de algunos de los lugares más emblemáticos de Madrid, como la Puerta del Sol, la Puerta de Alcalá, el Museo del Prado, el Palacio Real de Madrid y sus jardines, la Catedral de la Almudena y el Teatro Real. La zona también cuenta con excelentes conexiones de transporte público, con estaciones de metro cercanas como Tribunal (líneas 1 y 10), Alonso Martínez (líneas 4, 5 y 10) y Chueca (línea 5), además de numerosas líneas de autobús. Una oportunidad excepcional para adquirir una propiedad en una de las mejores ubicaciones de Madrid.Show moreTerrace€1,280,000€11,9631071Fair+25%103No readEngel & Völkers
Centro, MadridJusticia es uno de los barrios más deseados y dinámicos en el corazón de Madrid. Conocido por su elegante arquitectura, sus calles con encanto y su ambiente cosmopolita, combina a la perfección la autenticidad del Madrid tradicional con un sofisticado estilo de vida moderno. La zona está delimitada por la calle de Sagasta y la calle de Génova al norte, el paseo de Recoletos al este, la calle de Fuencarral al oeste y la Gran Vía al sur. Esta codiciada zona residencial ofrece un estilo de vida excepcional, con una amplia variedad de tiendas boutique, galerías de arte, bares con estilo y restaurantes de renombre. Justicia conserva la esencia arquitectónica clásica de la ciudad, con elegantes fachadas, balcones de hierro forjado, calles estrechas y plazas pintorescas. Entre sus hitos arquitectónicos destaca el emblemático edificio de la SGAE, uno de los pocos ejemplos de arquitectura modernista en Madrid. El barrio está idealmente situado cerca de algunos de los lugares más emblemáticos de Madrid, como la Puerta del Sol, la Puerta de Alcalá, el Museo del Prado, el Palacio Real de Madrid y sus jardines, la Catedral de la Almudena y el Teatro Real. La zona también cuenta con excelentes conexiones de transporte público, con estaciones de metro cercanas como Tribunal (líneas 1 y 10), Alonso Martínez (líneas 4, 5 y 10) y Chueca (línea 5), además de numerosas líneas de autobús. Una oportunidad excepcional para adquirir una propiedad en una de las mejores ubicaciones de Madrid.Show moreTerrace€1,280,000€11,9631071Fair+25%103No readEngel & Völkers
Centro, MadridDiscover the privilege of living in one of Madrid’s most iconic and exclusive locations. This magnificent apartment, situated in an elegant corner building, enjoys spectacular unobstructed views of Gran Vía, one of the capital’s great landmarks, offering a unique combination of natural light, spaciousness, and the unmistakable atmosphere of the historic city center.Located in the very heart of Madrid, between Puerta del Sol and Gran Vía, the property offers a cosmopolitan lifestyle with immediate access to the city’s finest cultural, culinary, and shopping options. It is the ideal setting for those who value convenience, urban dynamism, and the charm of one of Europe’s most vibrant capitals.Transport links are excellent, thanks to a comprehensive public transportation network, with several metro stations and numerous bus routes just a few minutes’ walk away, providing quick and convenient connections to every part of Madrid. Adolfo Suárez Madrid–Barajas Airport is also only 20–25 minutes away by car.Nearby are some of the city’s most representative landmarks, including Puerta del Sol, Plaza Mayor, the Royal Palace, the Teatro Real, and the Círculo de Bellas Artes. You can also enjoy an exclusive shopping offering, including Galería Canalejas, luxury boutiques, and the leading international brands along Gran Vía. Culture lovers will find the Prado Museum, the Thyssen-Bornemisza Museum, and the Reina Sofía Museum just minutes away, while El Retiro Park provides an oasis of tranquility in the heart of the city.The culinary offering is equally exceptional, with a wide selection of prestigious restaurants, Michelin-starred establishments, and traditional Madrid taverns reflecting the city’s authentic essence.In short, this property represents not only a high-end residence, but also the opportunity to enjoy a truly privileged location, with impressive views of Gran Vía and all the historic, cultural, and social appeal of Madrid just steps from its door.Show more2nd floor, terrace€1,600,000€11,5941384Above fair+25%12No readEngel & Völkers
Chueca - Justicia, Madrid ciudadLower ground, terrace€750,000€11,538652Above fair+25%1No readAProperties
Chueca - Justicia, Madrid ciudad1st floor, terrace€2,870,000€14,4221992Above fair+26%159No readAProperties
Justicia, MadridJusticia · Parking€1,400,000€16,092871Above fair+26%148No readBHHS Spain
CentroJusticia · Terrace€1,170,000€12,062971Fair+26%110No readEngel & Völkers
Ático en venta en Malasaña – Madrid | Gilmar Consulting InmobiliarioMalasaña · Terrace€995,000€14,632682Above fair+26%110No readGilmar
Chueca - Justicia, Madrid ciudad1st floor, terrace€1,100,000€11,111992Fair+26%1No readAProperties
Las CortesLas Cortes€1,380,000€12,0001152Above fair+27%178No readThe Sibarist
Centro2nd floor, terrace€1,050,000€14,000752Above fair+27%175No readEngel & Völkers
Excelente propiedad junto al mercado de BarcelóGround floor, parking€3,100,000€11,2322764Above fair+27%167No readDe Salas
Centro, MadridThe location of this property is unbeatable. The apartment is in one of Madrid’s most sought-after areas: the Justicia–Chueca neighborhood, bordered by the iconic Gran Vía to the south, Fuencarral Street to the west, Génova Street to the north, and Recoletos to the east. Nearby you will find a wide range of restaurants, lively bars, exclusive boutiques, shops, theaters, and cinemas. In addition, the area is very close to some of Madrid’s main points of interest, such as the Prado Museum, the Wax Museum, the Royal Palace, the Sabatini Gardens, and Puerta del Sol. Justicia–Chueca, in the very heart of Madrid, also offers excellent public transport connections, with several bus and metro lines close by.Show moreTerrace€1,800,000€12,3291464Above fair+27%103No readEngel & Völkers
Centro, Chueca-Justicia2nd floor, lift€1,790,000€11,8541513Above fair+27%12No readUnica Inmobiliaria
505–528 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.