Frankly.

District · one of Madrid’s 21

Salamanca

Madrid's most prestigious address. Belle Époque architecture, designer boutiques, and quiet, tree-lined streets.

1,410homes for sale right nowfor sale527 to rent

from 41 agencies · checked this morning

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

€69,147household income a yeara year

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

Official district, including Recoletos

People

Population
down 2.3% in a year
147,256
Average age
Madrid 44.2
46.0
Aged 65 or over
Madrid 20.7%
24.8%
Registered unemployment
Madrid 5.8%
3.8%
Years of income to buy
average-size home (104 m²) ÷ household income · Madrid 9.8
15.3 years

SaleSalamanca · askingasking

€12,803per m²

Madrid, homes we track: €11,013

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
€11,000/m²
Asking vs sold
Homes we track ask about 16% more than recorded sales in the same barrios.about 16% more, same barrios
+16%

Homes for sale now

Priced below our fair value
of 1,267 homes we can read
31%
Typical time advertised
since we first saw each one
135 days
Have cut their price
172 of 1,410
12%
See the homes

RentSalamanca · askingasking

€30.6per m² a month

Madrid, homes we track: €29.7

Rents declared for tax

In 2024
up 4.2% that year
€18.3 per m²

Homes to rent now

To rent now
homes we track
527
Typical rent
half ask less, half more
€3,400 a month
Typical time listed
since we first saw each one
139 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 Salamanca grade would be invented precision.

Homes in Salamanca

Every home for sale in Salamanca, 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 sale1,410For rent527
Price
€700k – €17.5M
Bedrooms
Any1234+
Size
32 – 1,080 m²
Our verdict
AllBelow fairFairAbove fair
BarrioCastellana
Has had a price cut
Showing 174 homes2 filters on · Clear all
Sort: Gap to fair value, lowest first
174 homesGap to fair value, lowest first
Homes for sale in Salamanca, sorted by gap to fair value, lowest first
PhotoAddressPrice€/m²m²BedsVerdictVs fairDaysCutsAgency
Residencia Clásica de Lujo en CastellanaCastellana€2,950,000€16,1201833Above fair+24%167No readVeraltia
Arquitectura histórica, lujo contemporáneoCastellana · Terrace€2,100,000€16,5351272Above fair+25%68No readOlisson Club
Arquitectura histórica, lujo contemporáneoCastellana · Terrace€2,100,000€16,5351272Above fair+25%68No readOlisson Club
CastellanaCastellana · Ground floor, terrace€2,919,000€12,4212353Above fair+26%177No readColdwell Banker
Renovated 3-bedroom apartment in SalamancaCastellana · Terrace€2,919,000€16,2171803Above fair+26%137No readSpain Sotheby's International Realty
Castellana, Madrid ciudadCastellana · 6th floor, terrace€929,000€16,298573Above fair+26%13No readAProperties
Castellana, Madrid ciudadCastellana · Penthouse, terrace€2,599,000€18,5641402Above fair+26%2No readAProperties
Salamanca, MadridLocated in the prestigious Salamanca neighbourhood, this property is situated in one of Madrid's most coveted areas. This enclave is renowned for its elegance, sophistication, and exclusivity, attracting high-net-worth buyers seeking a distinguished environment. The district offers a perfect combination of residential tranquility and a vibrant urban lifestyle, boasting tree-lined streets, luxury boutiques, and an impressive gastronomic scene that delights the most discerning palates. Living in the surroundings of Paseo de la Castellana is not merely about choosing a location; it is about adopting a lifestyle where prestige and convenience go hand in hand. This exclusive area stands as Madrid's most desirable financial and residential epicentre—an axis flanked by majestic boulevards, stately architecture, and the capital's most iconic skyscrapers. Just a stone's throw from the haute couture boutiques of the Salamanca district, Michelin-starred restaurants, and the country's major corporate headquarters, this location offers unbeatable connectivity and an unparalleled cultural offering. It is ideal for those seeking maximum prestige, security, and a sophisticated setting without sacrificing the vitality of the most cosmopolitan side of Madrid. A secure investment and a true oasis of distinction.Show moreCastellana · 1st floor, terrace€3,600,000€16,0712243Above fair+28%104No readEngel & Völkers
Renovated 2-bed apartment in Castellana, SalamancaCastellana€950,000€15,833602Above fair+29%1811 · −5%Lucas Fox
3-bed penthouse with terrace in Castellana, SalamancaCastellana · Terrace€4,150,000€15,9622603Above fair+29%1811 · −8%Lucas Fox
CastellanaCastellana · Terrace€2,829,000€16,6411702Above fair+29%177No readColdwell Banker
Building on Pº de la Castellana near the roundabout of Emilio CastelarCastellana · Ground floor, terrace€4,200,000€16,8672493Above fair+29%116No readSpain Sotheby's International Realty
Salamanca - CastellanaCastellana · Ground floor, terrace€4,500,000€16,8542673Above fair+29%18No readSavills Spain
Arquitectura histórica, lujo contemporáneoCastellana · Terrace€1,550,000€15,5001002Above fair+32%68No readOlisson Club
SalamancaCastellana · Terrace€4,150,000€16,2112563Above fair+33%1421 · −8%Walter Haus
Castellana, Madrid ciudadCastellana · 7th floor, terrace€2,900,000€17,3651672Above fair+34%68No readAProperties
CastellanaCastellana · Terrace€2,500,000€17,2411453Above fair+35%177No readColdwell Banker
CastellanaCastellana · 7th floor, terrace€2,500,000€21,3681172Above fair+35%7No readBarnes Madrid
Piso en venta en Castellana – Madrid | Gilmar Consulting InmobiliarioCastellana · Terrace€3,530,000€17,9191973Above fair+35%1No readGilmar
Arquitectura histórica, lujo contemporáneoCastellana · Terrace€1,600,000€16,0001002Above fair+36%68No readOlisson Club
Castellana, Madrid ciudadCastellana · Terrace€4,895,000€20,9192342Above fair+37%6No readAProperties
CastellanaCastellana€2,820,000€17,5161613Above fair+38%7No readBarnes Madrid
Salamanca, MadridCastellana · Ground floor, lift€2,820,000€17,5161613Above fair+38%3No readEspígul
2 bedroom apartment in CastellanaCastellana · Terrace€1,199,000€18,167662Above fair+40%137No readSpain Sotheby's International Realty
121–144 of 174 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.