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 662 homesNo filters on
Sort: Gap to fair value, lowest first
662 homesGap to fair value, lowest first
Homes for sale in Recoletos, sorted by gap to fair value, lowest first
PhotoAddressPrice€/m²m²BedsVerdictVs fairDaysCutsAgency
RecoletosTerrace€9,900,000€24,5664032Above fair+43%144No readGlanz
4-bed classic penthouse with terrace in Recoletos, SalamancaTerrace€7,200,000€24,2422974Above fair+43%143No readLucas Fox
Exclusivo piso en el corazón de RecoletosGround floor, terrace€2,750,000€21,3181292Above fair+44%1371 · −4%Olisson Club
Recoletos, Madrid ciudad3rd floor, terrace€7,200,000€23,4533072Above fair+45%1No readAProperties
Clasicismo en la mejor zona de Recoletos3rd floor, lift€5,900,000€22,0152686Above fair+46%103No readDiza Consultores
Luminosa vivienda de lujo en Recoletos€2,950,000€22,5191312Above fair+48%167No readVeraltia
Exclusive apartment in an exclusive community in RecoletosTerrace€2,750,000€22,9171202Above fair+48%1361 · −4%Spain Sotheby's International Realty
Piso en venta en Madrid (Salamanca)3rd floor, lift€3,200,000€22,5351422Above fair+48%111No readIconic Living
Madrid, Salamanca1st floor, lift€4,050,000€17,9202263Above fair+49%87No readDomus Aurea Capital
Una joya en la calle mas deseada de Recoletos.Terrace€4,500,000€23,6841903Above fair+50%28No readOlisson Club
Recoletos3rd floor, lift€1,550,000€21,233731Above fair+51%6No readBarnes Madrid
Vivienda de lujo reformada en Recoletos€2,280,000€22,8001002Above fair+52%167No readVeraltia
Apartamento en venta en Recoletos | Salamanca | MadridTerrace€5,700,000€23,9502383Above fair+52%18No readChristie's Real Estate Madrid
Recoletos8th floor, terrace€2,250,000€23,196972Above fair+52%6No readBarnes Madrid
Salamanca-RecoletosTerrace€6,500,000€26,4232463Above fair+53%111No readThe Sibarist
SalamancaTerrace€2,370,000€24,433972Above fair+54%132No readWalter Haus
EXCLUSIVE RESIDENCE - RECOLETOS IN CLASSIC REFURBISHED BUILDING WITH SWIMMING POOL, GREEN AREAS, STOTerrace€12,000,000€25,1574774Above fair+55%164No readPromora
Recoletos3rd floor€3,600,000€20,0001802Above fair+56%6No readBarnes Madrid
Joya en la Puerta de Alcalá2nd floor, terrace€10,900,000€27,0474034Above fair+61%12No readDiza Consultores
Piso en venta Barrio Salamanca, Recoletos, Madrid10 500 000 EURGround floor, parking€10,500,000€23,7024435Above fair+70%7No readJohn Taylor Spain
Recoletos, Madrid ciudad7th floor, terrace€1,100,000€18,644592No readNo read180No readAProperties
3-bed penthouse with terrace in Recoletos, SalamancaTerrace€6,500,000€26,4232463No readNo read1811 · −6%Lucas Fox
Distrito Salamanca1st floor, terrace€7,200,000€23,4533072No readNo read181No readHousingo
Distrito SalamancaLower ground, lift€750,000€5,9061272No readNo read1812 · −6%Housingo
577–600 of 662 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.