District · one of Madrid’s 21
Madrid's most prestigious address. Belle Époque architecture, designer boutiques, and quiet, tree-lined streets.
1,410for sale527 to rent
from 41 agencies · checked this morning
At a glance
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.
€69,147a year
Household income · Madrid €49,916
Official district, including Recoletos
People
€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 for sale now
€30.6per m² a month
Madrid, homes we track: €29.7
Rents declared for tax
Homes to rent now
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 Salamanca grade would be invented precision.
Homes in Salamanca
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.
| Photo | Address | Price | €/m² | m² | Beds | Verdict | Vs fair | Days | Cuts | Agency |
|---|---|---|---|---|---|---|---|---|---|---|
 | CASTELLANA - LUXURY - 316 m² - REFURBISHEDCastellana · Lift | €3,590,000 | €11,361 | 316 | 3 | Below fair | −21% | 3 | No read | Promora |
 | Barrio de Salamanca, CastellanaCastellana · 3rd floor, lift | €2,760,000 | €11,452 | 241 | 3 | Below fair | −21% | 2 | No read | Unica Inmobiliaria |
 | CastellanaCastellana | €2,760,000 | €11,452 | 241 | 2 | Below fair | −20% | 145 | 1 · −7% | Glanz |
 | Castellana, Madrid ciudadCastellana · 1st floor, terrace | €1,950,000 | €10,598 | 184 | 3 | Below fair | −20% | 2 | No read | AProperties |
 | Lujo, diseño y reforma en Barrio SalamancaCastellana · Lift | €2,190,000 | €10,330 | 212 | 2 | Below fair | −19% | 180 | 1 · −3% | Diza Consultores |
 | FOR SALE VERY LUMINOUS BUILDING IN PROCESS OF RENOVATION LOCATED IN THE CASTELLANA AREA.Castellana · Lift | €2,350,000 | €11,085 | 212 | 3 | Below fair | −19% | 142 | No read | Promora |
 | Castellana, Madrid ciudadCastellana · 1st floor, terrace | €4,490,000 | €11,310 | 397 | 2 | Fair | −19% | 2 | No read | AProperties |
 | Piso en venta en Castellana – Madrid | Gilmar Consulting InmobiliarioCastellana · Terrace | €2,780,000 | €11,440 | 243 | 4 | Below fair | −17% | 176 | No read | Gilmar |
 | Elegancia y alma contemporánea en CastellanaCastellana · 2nd floor, terrace | €3,350,000 | €11,796 | 284 | 3 | Below fair | −16% | 180 | No read | Diza Consultores |
 | Castellana, Madrid ciudadCastellana · 4th floor, terrace | €3,225,000 | €10,609 | 304 | 2 | Below fair | −16% | 116 | 1 · −4% | AProperties |
| SalamancaCastellana · 4th floor, terrace | €1,433,250 | €10,776 | 133 | 2 | Below fair | −16% | 111 | No read | Engel & Völkers | |
| CastellanaCastellana · 9th floor, terrace | €1,650,000 | €10,510 | 157 | 3 | Below fair | −16% | 7 | No read | Barnes Madrid | |
 | Castellana, Madrid ciudadCastellana · 4th floor, terrace | €3,750,000 | €13,066 | 287 | 2 | Fair | −16% | 2 | No read | AProperties |
 | Castellana, Madrid ciudadCastellana · 4th floor, terrace | €845,000 | €9,602 | 88 | 2 | Below fair | −14% | 181 | No read | AProperties |
 | Piso en venta Barrio Salamanca, Castellana, Madrid3 470 000 EURCastellana · Parking | €3,470,000 | €9,132 | 380 | 7 | Fair | −14% | 137 | No read | John Taylor Spain |
 | CastellanaCastellana · Terrace | €2,650,000 | €10,192 | 260 | 4 | Below fair | −14% | 111 | 2 · −11% | Coldwell Banker |
 | Propiedad de lujo en edificio rehabilitado MadridCastellana · Ground floor, terrace | €2,040,000 | €10,968 | 186 | 3 | Fair | −14% | 11 | No read | De Salas |
 | Castellana, Madrid ciudadCastellana · 4th floor, terrace | €1,429,000 | €10,744 | 133 | 2 | Fair | −14% | 2 | No read | AProperties |
 | Castellana, Madrid ciudadCastellana · 3rd floor, terrace | €875,000 | €9,831 | 89 | 2 | Below fair | −13% | 181 | No read | AProperties |
 | Castellana, SalamancaCastellana · Terrace | €2,990,000 | €12,254 | 244 | 5 | Below fair | −13% | 137 | No read | ELEV Real Estate |
 | Castellana, MadridCastellana · Lift | €1,950,000 | €11,404 | 171 | 3 | Below fair | −13% | 6 | No read | BHHS Spain |
 | Piso en venta en Castellana-Orense – Madrid | Gilmar ConsultingCastellana · Terrace | €2,450,000 | €7,206 | 340 | 6 | Fair | −12% | 176 | No read | Gilmar |
| CastellanaCastellana · 5th floor, parking | €1,780,000 | €11,484 | 155 | 3 | Below fair | −12% | 7 | No read | Barnes Madrid | |
 | Elegant 3-bed apartment with terrace in Castellana, SalamancaCastellana | €2,919,000 | €11,538 | 253 | 3 | Below fair | −11% | 181 | No read | Lucas Fox |
49–72 of 294 homes | ||||||||||
Asking prices, as published; not checked against the deed. “Below fair” means cheaper per m² than three in four similar homes nearby.
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.
An independent buyer’s agent Frankly has verified. 30 minutes, free. Paid by you, not by the seller.
How we got these numbers
Every figure on this card: what it measures, where it comes from, and what we did to it. Figures cover the official district, which includes Recoletos.
Attribution
Elaboración propia con datos extraídos del sitio web del INE: www.ine.es, 2023. Licence CC BY 4.0.
Origen de los datos: Ayuntamiento de Madrid, 2024–2026. Licence CC BY 4.0.
Comunidad de Madrid, IPVCM, Q2 2026. Licence CC BY 4.0.
Source: Colegio de Registradores, via Ayuntamiento de Madrid statistics.
How we got these numbers
Every figure on this card: what it measures, where it comes from, and what we did to it.
Attribution
Comunidad de Madrid, IPVCM, Q2 2026. Licence CC BY 4.0.
Source: Colegio de Registradores, via Ayuntamiento de Madrid statistics.
Listing prices belong to the agencies that publish them. Frankly does not verify them.
How we got these numbers
Every figure on this card: what it measures, where it comes from, and what we did to it.
Attribution
Elaboración propia con datos extraídos del sitio web del INE: www.ine.es, 2024. Licence CC BY 4.0.
Source: Ministerio de Vivienda y Agenda Urbana, SERPAVI, 2011–2024 database (file last updated 9 July 2026); figures for 2024. Reused under the ministry’s terms, which require this citation.
Listing prices belong to the agencies that publish them. Frankly does not verify them.
How we got these numbers
Every figure in this section: what it measures, where it comes from, and what we did to it.
Attribution
Listing prices belong to the agencies that publish them. Frankly does not verify them.