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
138 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 38 homes3 filters on · Clear all
Sort: Gap to fair value, lowest first
38 homesGap to fair value, lowest first
Homes for sale in Salamanca, sorted by gap to fair value, lowest first
PhotoAddressPrice€/m²m²BedsVerdictVs fairDaysCutsAgency
CastellanaCastellana · 7th floor, terrace€985,000€12,313801Above fair+9%1811 · −2%Unica Inmobiliaria
Ático en venta en Madrid (Salamanca) (ref.1779)Castellana · Terrace€1,320,000€14,348921Above fair+9%167No readScala Properties
SalamancaCastellana · 6th floor, terrace€2,829,000€14,0752013Above fair+9%147No readEngel & Völkers
CastellanaCastellana · 3rd floor, terrace€1,539,000€14,1191093Above fair+11%1No readBarnes Madrid
Piso en venta en Madrid (Salamanca) (ref.2395)Castellana · 2nd floor, lift€2,049,000€12,7271611Above fair+12%167No readScala Properties
Barrio de Salamanca, CastellanaCastellana · Ground floor, lift€1,670,000€14,7791133Above fair+12%35No readUnica Inmobiliaria
Totalmente exterior. Luz, vistas despejadas y una reforma excepcional.Castellana · Ground floor, lift€2,970,000€14,6312033Above fair+13%8No readOlisson Club
Luz y comodidad en CastellanaCastellana · 7th floor, lift€2,950,000€14,8991983Above fair+15%179No readDiza Consultores
Maravillosa reforma de lujo en Barrio de SalamancaCastellana · 3rd floor, terrace€2,885,000€15,0261923Above fair+15%179No readDiza Consultores
Exclusiva vivienda en pleno Paseo de la CastellanaCastellana · Terrace€5,190,000€16,1683213Above fair+16%179No readDiza Consultores
Salamanca en su máxima expresión: luz, vistas y ubicaciónCastellana · Ground floor, terrace€4,150,000€15,3142713Above fair+16%1371 · −2%Olisson Club
Building on Paseo de la Castellana near Emilio Castelar roundabout, exclusivity and avant-gardeCastellana · Ground floor, terrace€4,060,000€15,2632663Above fair+17%14No readSpain Sotheby's International Realty
SalamancaCastellana · 2nd floor, terrace€3,350,000€15,3672183Above fair+18%175No readEngel & Völkers
Salamanca - CastellanaCastellana · Ground floor, terrace€2,950,000€14,9751973Above fair+18%63No readSavills Spain
CastellanaCastellana · 6th floor, lift€3,995,000€14,6882723Above fair+19%61 · −7%Barnes Madrid
Bright 3-bed apartment with terrace in Castellana, SalamancaCastellana · Terrace€1,539,000€14,1191093Above fair+20%181No readLucas Fox
Fantástica vivienda de obra nueva en CastellanaCastellana · Ground floor, terrace€4,015,000€15,0372673Above fair+23%179No readDiza Consultores
Residencia Clásica de Lujo en CastellanaCastellana€2,950,000€16,1201833Above fair+24%167No readVeraltia
CastellanaCastellana · Ground floor, terrace€2,919,000€12,4212353Above fair+26%176No 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
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
3-bed penthouse with terrace in Castellana, SalamancaCastellana · Terrace€4,150,000€15,9622603Above fair+29%1811 · −8%Lucas Fox
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
1–24 of 38 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.