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
Cortes3rd floor, lift€1,595,000€11,5581382Above fair+27%6No readBarnes Madrid
Centro, MadridJusticia · Lift€1,049,000€13,987752Above fair+27%3No readEspígul
Madrid, CentroJusticia · 3rd floor, lift€2,690,000€15,8241703Above fair+28%161No readDomus Aurea Capital
CortesGround floor, parking€2,690,000€11,3032383Above fair+28%142No readKnight Frank
Centro2nd floor, terrace€2,546,250€11,6802183Above fair+29%147No readEngel & Völkers
Centro3rd floor, terrace€2,475,000€11,1492223Above fair+29%147No readEngel & Völkers
Centro, MadridThe location of this property is unbeatable. The home is located in one of the most sought-after areas in central Madrid, the Justicia–Chueca neighborhood, bounded by Gran Vía to the south, Calle de Fuencarral to the west, Calle de Génova to the north, and Paseo de Recoletos to the east. The area offers a wide range of services and leisure options, with renowned restaurants, lively bars, exclusive boutiques, shops, theaters, and cinemas. It is also very close to some of Madrid’s main landmarks, such as the Prado Museum, the Madrid Wax Museum, the Royal Palace of Madrid, the Sabatini Gardens, and Puerta del Sol. The Justicia–Chueca neighborhood has excellent public transport links, with numerous bus lines and several nearby metro stations, ensuring quick connections to any part of the city.Show more3rd floor, terrace€1,255,000€12,1841031Above fair+29%103No readEngel & Völkers
Piso en venta en Cortes – Madrid | Gilmar Consulting InmobiliarioLift€1,100,000€13,095841Above fair+29%0No readGilmar
JusticiaJusticia · Terrace€1,290,000€12,6471022Above fair+30%1782 · −9%The Sibarist
Piso en venta en Gran Vía, Centro, Madrid | Edificio rehabilitado con servicios premiumTerrace€1,400,000€11,8641182Above fair+30%144No readChristie's Real Estate Madrid
Exclusivo piso señorial del siglo XIX con siete balconesTerrace€2,300,000€12,6371822Above fair+30%137No readOlisson Club
Propiedad exclusiva con mirador y balconesJusticia · Terrace€6,200,000€16,3593794Above fair+30%137No readOlisson Club
Cortes€990,000€15,469642Above fair+30%123No readGlanz
Exclusive Urban Refuge with Private Terrace in the Iconic Torre de MadridTerrace€1,495,000€12,2541222Above fair+30%551 · 0%Spain Sotheby's International Realty
Centro, Chueca-Justicia3rd floor, lift€3,550,000€12,8162773Above fair+31%1801 · −3%Unica Inmobiliaria
Justicia - ChuecaGround floor, lift€1,890,000€10,8621742Above fair+31%1763 · −12%Coldwell Banker
PalacioPalacio · Ground floor, terrace€995,000€11,180893Above fair+31%1381 · −1%Coldwell Banker
JusticiaJusticia€1,300,000€14,44490No readAbove fair+31%123No readGlanz
Spacious contemporary design flat in the centerTerrace€3,550,000€13,0512723Above fair+31%1151 · −3%Spain Sotheby's International Realty
Bright 3-bed apartment with terrace in CentroHuertas · Terrace€3,300,000€13,0432533Above fair+31%87No readLucas Fox
Madrid, CentroJusticia · 2nd floor, lift€3,495,000€14,2072463Above fair+32%161No readDomus Aurea Capital
Elegant renovated flat with 3 balconies in Chueca-JusticiaTerrace€820,000€15,185541Above fair+32%133No readSpain Sotheby's International Realty
JusticiaJusticia · 5th floor€3,950,000€18,4582143Above fair+32%6No readBarnes Madrid
Chueca - Justicia, Madrid ciudad1st floor, terrace€1,150,000€12,234942Above fair+32%1No readAProperties
529–552 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.