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

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%

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.

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 to rent in Recoletos, with our read on each rent.Every home to rent, with our read on each rent.

Sorted by rent per m², lowest first. Our read compares each rent with similar flats to let in Recoletos: same bedrooms, similar size.

Bedrooms
Furnished
Vs typical rent
Showing 12 homes to rent1 filter on · Clear allRent has been cut
12 homesRent per m², lowest first
Homes to rent in Recoletos, sorted by rent per m², lowest first
PhotoAddressRent /mo€/m²/moBedsFurnishedVs typicalDaysCutsAgency
Recoletos, Madrid ciudadGround floor, terrace€1,200€6.11984PartBelow typical18No readAProperties Rentals
Recoletos, Madrid ciudadGround floor, terrace€5,500€19.92772PartBelow typical81No readAProperties Rentals
Recoletos, Madrid ciudadGround floor, terrace€3,100€25.01244PartBelow typical39No readAProperties Rentals
Recoletos, Madrid ciudadGround floor, terrace€3,600€27.71303PartBelow typical138No readAProperties Rentals
Recoletos, Madrid ciudadGround floor, terrace€2,800€30.1934PartTypical48No readAProperties Rentals
Recoletos, Madrid ciudadGround floor, terrace€9,850€32.43042PartTypical84No readAProperties Rentals
Recoletos, Madrid ciudadGround floor, terrace€3,850€38.51002PartTypical60No readAProperties Rentals
Luz, diseño y balcones en Recoletos3rd floor, lift€4,500€39.51142PartTypical1401 · −6%Diza Consultores Rentals
Recoletos, Madrid ciudadGround floor, terrace€2,800€40.0704PartTypical144No readAProperties Rentals
Recoletos, Madrid ciudadGround floor, terrace€2,000€40.8492PartNo read1111 · −9%AProperties Rentals
Recoletos, Madrid ciudadGround floor, terrace€5,000€41.71202PartTypical1161 · −12%AProperties Rentals
Recoletos, Madrid ciudadGround floor, terrace€6,800€47.91422PartAbove typical116No readAProperties Rentals
1–12 of 12 homes
  • Recoletos, Madrid ciudad198 m² · 4 bed€1,200 /mo€6.1/m²
    Below typicalVs typical
    18Days listed
    No readCuts
    AProperties Rentals
  • Recoletos, Madrid ciudad277 m² · 2 bed€5,500 /mo€19.9/m²
    Below typicalVs typical
    81Days listed
    No readCuts
    AProperties Rentals
  • Recoletos, Madrid ciudad124 m² · 4 bed€3,100 /mo€25.0/m²
    Below typicalVs typical
    39Days listed
    No readCuts
    AProperties Rentals
  • Recoletos, Madrid ciudad130 m² · 3 bed€3,600 /mo€27.7/m²
    Below typicalVs typical
    138Days listed
    No readCuts
    AProperties Rentals
  • Recoletos, Madrid ciudad93 m² · 4 bed€2,800 /mo€30.1/m²
    TypicalVs typical
    48Days listed
    No readCuts
    AProperties Rentals
  • Recoletos, Madrid ciudad304 m² · 2 bed€9,850 /mo€32.4/m²
    TypicalVs typical
    84Days listed
    No readCuts
    AProperties Rentals
  • Recoletos, Madrid ciudad100 m² · 2 bed€3,850 /mo€38.5/m²
    TypicalVs typical
    60Days listed
    No readCuts
    AProperties Rentals
  • Luz, diseño y balcones en Recoletos114 m² · 2 bed€4,500 /mo€39.5/m²
    TypicalVs typical
    140Days listed
    1 · −6%Cuts
    Diza Consultores Rentals
  • Recoletos, Madrid ciudad70 m² · 4 bed€2,800 /mo€40.0/m²
    TypicalVs typical
    144Days listed
    No readCuts
    AProperties Rentals
  • Recoletos, Madrid ciudad49 m² · 2 bed€2,000 /mo€40.8/m²
    No readVs typical
    111Days listed
    1 · −9%Cuts
    AProperties Rentals
  • Recoletos, Madrid ciudad120 m² · 2 bed€5,000 /mo€41.7/m²
    TypicalVs typical
    116Days listed
    1 · −12%Cuts
    AProperties Rentals
  • Recoletos, Madrid ciudad142 m² · 2 bed€6,800 /mo€47.9/m²
    Above typicalVs typical
    116Days listed
    No readCuts
    AProperties Rentals

Rents are what agencies are asking. “Typical” means inside the middle half of rents for similar flats to let in Recoletos: same bedrooms where we have at least three, otherwise similar size. With fewer than three similar flats we show no read. We do not calculate a fair rent, so there is no gap column in this mode. Furnished comes from the listing’s own wording; “—” means it does not say.

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.