Frankly.

Neighbourhood · Madrid

Recoletos

The strip between Retiro park and the Castellana. Embassies, the Prado ten minutes away, and the highest €/m² in the city.

662homes for sale right nowfor sale50 to rent

from 37 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

€95,137household income a yeara year

Madrid €49,916Household income · Madrid €49,916

Official barrio

People

Population
down 2.6% in a year
15,223
Average age
Madrid 44.2
46.7
Aged 65 or over
Madrid 20.7%
26.1%
Registered unemployment
Madrid 5.8%
1.6%
Years of income to buy
average-size home (153 m²) ÷ household income · Madrid 9.8
24.3 years

SaleRecoletos · askingasking

€15,713per m²

Madrid, homes we track: €11,000

Price trend

up 11.0%in a yearup 1.6%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 in the barrios where the homes we track are, brought up to this quartersame barrios as the homes we track
€15,150/m²
Asking vs sold
Homes we track ask about 4% more than recorded sales in the same barrios.about 4% more, same barrios
+4%

Homes for sale now

Priced below our fair value
of 596 homes we can read
29%
Typical time advertised
since we first saw each one
132 days
Have cut their price
69 of 662
10%
See the homes

RentRecoletos · askingasking

€38.7per m² a month

Madrid, homes we track: €29.7

Rents declared for tax

In 2024 · our estimate
up 4.2% that year
€21.8 per m²

Homes to rent now

To rent now
homes we track
50
Typical rent
half ask less, half more
€4,925 a month
Typical time listed
since we first saw each one
43 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 Recoletos grade would be invented precision.

Homes in Recoletos

Every home for sale in Recoletos, 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 sale662For rent50
Price
€700k – €22.5M
Bedrooms
Any1234+
Size
47 – 1,100 m²
Our verdict
AllBelow fairFairAbove fair
Has had a price cut
Showing 184 homes1 filter on · Clear all
Sort: Gap to fair value, lowest first
184 homesGap to fair value, lowest first
Homes for sale in Recoletos, sorted by gap to fair value, lowest first
PhotoAddressPrice€/m²m²BedsVerdictVs fairDaysCutsAgency
Distrito SalamancaGround floor, lift€2,380,000€8,6232764Below fair−48%181No readHousingo
Ref: 331 - Para entrar. 300m2. Reformado. Terraza con vistas únicas - 300m² - 3.800.000 €5th floor, terrace€3,800,000€7,6005004Below fair−48%167No readTOP Real Estate
Flat for sale in RecoletosTerrace€4,200,000€8,9174715Below fair−45%167No readPromora
Salamanca1st floor, terrace€3,470,000€9,6933584Below fair−39%147No readEngel & Völkers
Salamanca5th floor, lift€1,120,000€10,6671054Below fair−38%6No readBarnes Madrid
Piso en venta en Madrid (Salamanca)6th floor, lift€2,890,000€10,4712764Below fair−36%168No readIconic Living
Salamanca, MadridThis house is located in the hearth of Salamanca district, more precisely in Castellana, a predominantly residential and commercial area. This zone is easily distinguishable due to its imposing façades, which make Madrid one of the European capitals by excellence in terms of classic and cutting-edge architecture. The house counts with a strategic location: within a walking distance from the Serrano and Castellana streets, with an excellent communication with the rest of the city by car, bus or metro, through the main artery of Madrid, La Castellana. It is very close to the U.S. Embassy and Instituto de Empresa. In this area, we can find a wide variety of great restaurants, most with terraces. It offers all the luxury shopping as well as all the typical neighborhood amenities within a walking distance, such as supermarkets, dry cleaners, etc. This area is ideal for those who like to go walking for doing the shopping. This property offers the pleasure of living in a quiet and comfortable district, in the best area of Madrid.Show more1st floor, terrace€4,500,000€10,3934334Below fair−36%12No readEngel & Völkers
Salamanca6th floor, terrace€2,890,000€10,3962784Below fair−35%111No readEngel & Völkers
Exclusivo piso en calle de Lagasca proximo al RetiroTerrace€4,590,000€11,3054065Below fair−33%19No readOlisson Club
CastellanaTerrace€3,500,000€11,2903104Below fair−32%176No readColdwell Banker
CALLE VELAZQUEZ EXTERIOR MODERN BUILDING TO BE REFURBISHEDTerrace€3,250,000€11,0542944Below fair−32%167No readPromora
Salamanca, MadridLocated in the heart of the distinguished Barrio de Salamanca, the district of Goya represents the perfect balance between cosmopolitan dynamism and Madrid’s most select residential elegance. Strolling along its wide, tree-lined avenues of stately architecture means immersing oneself in the quintessential spirit of the capital. Just a short walk from your front door lies the famous Golden Mile, featuring exclusive high-fashion boutiques on Calle Serrano and José Ortega y Gasset, avant-garde art galleries, and a world-class dining scene ranging from historic bistros to Michelin-starred restaurants. The neighborhood offers an exceptionally comfortable and practical environment for daily life. Its streets seamlessly combine the tranquility of large-format residential properties with a comprehensive network of essential services: prestigious schools, boutique markets, healthcare centers, and renowned cultural venues such as the WiZink Center and the Royal Mint of Spain (Real Casa de la Moneda). All of this is just steps away from the iconic Retiro Park, the city’s main green oasis ideal for unwinding outdoors. Perfectly connected to the rest of the city via an extensive public transportation network, with direct access to the M-30 ring road and Adolfo Suárez Madrid-Barajas Airport, Goya is ultimately one of the most sought-after addresses for those seeking an exclusive, comfortable lifestyle rich in architectural heritage.Show more2nd floor, terrace€1,285,000€8,6241494Below fair−32%12No readEngel & Völkers
TO REFURBISH IN EMBLEMATIC GOYA 5 BEDROOMS 380M2 UNDERGROUND SERRANOTerrace€4,300,000€11,3163805Below fair−31%167No readPromora
Piso en venta en Recoletos – Madrid | Gilmar Consulting InmobiliarioTerrace€5,190,000€11,2104637Below fair−31%9No readGilmar
Calle Serrano Anguita,28004Terrace€4,975,000€12,1944084Below fair−30%3No readGran Madrid VIP
Distrito Salamanca4th floor, lift€2,100,000€10,1942064Below fair−29%181No readHousingo
SalamancaPenthouse, terrace€2,200,000€14,2861544Below fair−28%175No readEngel & Völkers
Distrito Salamanca6th floor, lift€2,598,000€11,5472254Below fair−28%25No readHousingo
Salamanca2nd floor, terrace€2,700,000€11,9472264Below fair−27%147No readEngel & Völkers
Espectacular propiedad representativa en plena Milla de Oro en calle Serrano.Terrace€5,000,000€12,3154065Below fair−26%137No readOlisson Club
SalamancaLift€2,950,000€12,0902444Below fair−25%111No readWalter Haus
Distrito Salamanca2nd floor, terrace€3,500,000€13,4102614Below fair−25%111No readHousingo
GARAGE WITH DIRECT ACCESS - 6th FLOOR, EXTERIOR TERRACE - 5 BEDROOMS - RECOLETOS - STORAGE ROOMTerrace€3,200,000€11,7652725Below fair−25%12No readPromora
Ref: 368 - Diseño contemporáneo, elegancia clásica y una ubicación privilegiada. - 290m² - 3.300.000 €1st floor, parking€3,300,000€9,0163664Below fair−24%157No readTOP Real Estate
1–24 of 184 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.