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
CentroJusticia · 3rd floor, terrace€3,650,000€16,0792273Fair+33%147No readEngel & Völkers
Centro, MadridPalacio · Lift€1,295,000€11,2611152Fair+33%3No readEspígul
Centro, Chueca-Justicia2nd floor, terrace€1,900,000€12,3381543Above fair+33%1No readUnica Inmobiliaria
Centro1st floor, terrace€1,500,000€12,3971212Fair+34%175No readEngel & Völkers
Centro1st floor, terrace€2,572,500€11,4842243Above fair+34%147No readEngel & Völkers
Justicia - ChuecaGround floor, terrace€2,290,000€11,8041943Above fair+34%12No readColdwell Banker
Un sueño art decó en Gran Vía8th floor, terrace€2,180,000€12,1111803Above fair+35%179No readDiza Consultores
Madrid, Centro2nd floor, lift€1,589,000€12,3181293Above fair+35%161No readDomus Aurea Capital
Espectacular vivienda en finca clásica con 10 balcones y trasterosTerrace€2,390,000€13,2041814Above fair+35%137No readOlisson Club
Apartment with four balconies to renovate in the heart of MadridLas Cortes · Terrace€1,300,000€10,6561222Fair+35%1361 · −4%Spain Sotheby's International Realty
Chueca - Justicia, Madrid ciudad2nd floor, terrace€3,950,000€13,0793023Above fair+35%871 · −7%AProperties
Centro, MadridThe Justice district is one of the most attractive and iconic areas of the capital, it could be categorized as a castizo-chic neighborhood in full swing, where fashion boutiques, art galleries, cinemas and theaters, reputable restaurants, bohemian cafes, bistros, charming hotels, fusion markets, tapas bars, trendy nightclubs and cutting-edge commercial offerings are mixed. It takes its name from the Supreme Court, one of the references of the area along with the other enclave of international focus, the Plaza de Chueca. Buying in Justicia, both as a personal bet and as an investment, is to set a goal of success. Its excellent location, between the emblematic Gran Vía and the most contemporary meeting point that is Alonso Martínez, with the public transport service that makes it one of the best connected areas, make this location the most sought-after by locals and visitors alike. That wonderful mix that recalls the charm of Parisian neighborhoods with facades that evoke past centuries, along with the cosmopolitan lifestyle that make it a small Notting Hill, make this little piece of the city the perfect must. Let yourself be carried away by its streets and boulevards in walks that will infect you with a lifestyle that you don't want to let go of. Because this is where you want to stay. Because in no neighborhood more fashionable than Justicia - Chueca we all feel and know that we are from Madrid.Show more3rd floor, terrace€1,200,000€11,8811012Above fair+35%12No readEngel & Völkers
Sol, Madrid ciudad3rd floor, terrace€2,390,000€13,2041812Above fair+35%1No readAProperties
Justicia, MadridJusticia · Lift€1,190,000€13,077913Above fair+35%1No readBHHS Spain
Chueca - Justicia, Madrid ciudad2nd floor, terrace€1,650,000€11,6201421Above fair+36%1592 · −13%AProperties
Centro3rd floor, terrace€2,150,000€12,5731713Above fair+36%147No readEngel & Völkers
Classic 3-bed apartment with terrace in CentroTerrace€1,650,000€11,6201423Above fair+36%1423 · −13%Lucas Fox
Bright designer flat with three exterior balconies in JusticiaJusticia · Terrace€3,100,000€16,7571853Above fair+36%137No readSpain Sotheby's International Realty
Madrid, Centro3rd floor, lift€3,500,000€13,2582643Above fair+36%87No readDomus Aurea Capital
CentroJusticia · 2nd floor, terrace€1,380,000€12,5451102Above fair+37%181No readHousingo
Las Cortes, MadridLas Cortes€1,440,000€12,9731112Above fair+37%178No readThe Sibarist
Chueca - Justicia, Madrid ciudadLower ground, terrace€900,000€12,676712Above fair+37%1761 · −5%AProperties
Centro - JusticiaGround floor, terrace€1,650,000€11,7021412Above fair+37%1341 · −8%Savills Spain
Centro4th floor, lift€1,070,000€13,049822Above fair+37%1151 · −7%Housingo
553–576 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.