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

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%

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.

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.

Showing 1,398 homes1 filter on · Clear all
1,398 homesGap to fair value, lowest first
Homes for sale in Salamanca, sorted by gap to fair value, lowest first
PhotoAddressPrice€/m²BedsVerdictVs fairDaysCutsAgency
GoyaGoya · Terrace€3,796,000€15,9502383Fair+19%13No readColdwell Banker
Salamanca, MadridThis apartment is located in the Lista neighborhood, which belongs to the district of Salamanca. This is one of the most sought-after neighborhoods in Madrid. It is a residential area surrounded by mansions, embassies, and the finest restaurants in Madrid. It is adjacent to the premier shopping area known as the 'Golden Mile' on Ortega y Gasset Street, which is just a few minutes' walk away. The neighborhood owes its name to D. José de Salamanca y Mayol, Marqués de Salamanca. This distinguished architect planned the spaces, conceiving the Salamanca neighborhood as a network of beautiful parallel and perpendicular streets where the bourgeoisie of the time resided. Currently, it is a residential area highly demanded among political elites, financial professionals, and executives of national and international companies.Show moreLista · 6th floor, terrace€1,330,000€14,944892Above fair+19%13No readEngel & Völkers
CastellanaCastellana · 6th floor, lift€3,995,000€14,6882723Above fair+19%71 · −7%Barnes Madrid
Salamanca, MadridLift€829,000€15,352542Above fair+19%3No readEspígul
Salamanca, MadridLista · Lift€859,000€15,070572Above fair+19%3No readEspígul
ListaLista · 7th floor, lift€849,000€15,722542Above fair+19%1No readBarnes Madrid
Bright 3-bed apartment with terrace in Castellana, SalamancaCastellana · Terrace€1,539,000€14,1191093Above fair+20%181No readLucas Fox
ListaLista · Terrace€1,609,000€15,4711042Above fair+20%177No readColdwell Banker
Piso en venta en Castellana – Madrid | Gilmar Consulting InmobiliarioCastellana€3,950,000€16,4582404Above fair+20%160No readGilmar
Goya, MadridGoya · Parking€4,250,000€14,0733024Above fair+20%1481 · −6%BHHS Spain
Salamanca, MadridThe Salamanca district is one of the most emblematic and distinguished areas of Madrid. Elegant and stately, it is considered one of the most exclusive neighborhoods in Europe. Its wide avenues, majestic buildings, and refined architecture house the most select shops, as well as a wide range of gastronomic and leisure options. It stands out for its tranquility, impeccable urban planning, and the wide variety of services it offers its residents. Within the district, the neighborhood of La Guindalera is located between Avenida de América, Francisco Silvela, Alcalá, and the M-30. This privileged location provides it with excellent connectivity both by road and public transportation, as it features the Avenida de América Interchange, several metro lines, and bus routes. La Guindalera perfectly combines its residential character with an intense commercial life. It hosts two of the most representative parks in the area —Breogán Park and Eva Duarte Park— providing ideal green spaces for walking and relaxation. Historically, the area was known as Madrid Moderno, a colony of modernist-style semi-detached houses built between 1890 and 1906. This development extended through the streets of Cardenal Belluga, Roma, Avenida de los Toreros, Cartagena, Francisco Navacerrada, Campanario, and Ruiz Perelló, very close to the Las Ventas Bullring. Currently, La Guindalera is an enclave that combines tradition and modernity, offering a high quality of life thanks to its excellent transportation links, sports and cultural facilities, as well as a varied selection of restaurants, shops, and leisure areas.Show moreGuindalera · 1st floor, terrace€1,150,000€10,0001152Above fair+20%104No readEngel & Völkers
Salamanca - GoyaGoya · Ground floor, terrace€3,600,000€16,5142183Above fair+20%88No readSavills Spain
Salamanca - ListaLista · Ground floor, terrace€2,230,000€14,8671504Above fair+20%36No readSavills Spain
Salamanca, MadridIn the coveted Salamanca District (Lista area), this location appeals to buyers who value privacy, prestige, and impeccable city living, with boutiques, fine dining, and premium services just steps away.Connectivity is excellent: El Retiro Park is just a 10-minute drive or an 18-minute stroll away; the Puerta de Alcalá is a 9-minute drive; the Prado Museum is reached in 12 minutes by car; and Adolfo Suárez Madrid–Barajas Airport is only 20–25 minutes away. The surrounding neighborhood offers exclusive shops, renowned clinics and wellness centers, gourmet supermarkets, and top-tier educational and cultural options, all with effortless mobility via nearby metro and bus lines.For leisure, highlights include luxury shopping on the Golden Mile (approx. 15 minutes on foot), signature dining, and exclusive terraces, as well as relaxing walks and outdoor sports in El Retiro.The true differentiator of this property is its seamless blend of residential elegance and immediate access to Madrid at its most sophisticated: an address designed for distinguished living, without compromise.Show moreLista · 5th floor, terrace€2,109,000€14,9571413Above fair+20%13No readEngel & Völkers
CastellanaCastellana · 3rd floor, terrace€4,990,000€14,2983494Fair+20%7No readBarnes Madrid
GoyaGoya · 6th floor, terrace€1,800,000€13,9531293Above fair+20%71 · −10%Barnes Madrid
Salamanca, MadridTerrace€1,809,000€15,3311183Above fair+20%3No readEspígul
Salamanca, MadridLista · Terrace€2,990,000€14,3062093Above fair+20%1No readEspígul
Vivienda familiar en Barrio Salamanca2nd floor, terrace€2,990,000€14,8022023Above fair+21%180No readDiza Consultores
Ático con vistas en Narváez7th floor, terrace€2,200,000€15,4931422Above fair+21%180No readDiza Consultores
GoyaGoya · Terrace€3,409,000€14,5062354Above fair+21%177No readColdwell Banker
Madrid, Salamanca2nd floor, lift€2,250,000€18,1451243Above fair+21%1621 · −4%Domus Aurea Capital
Madrid, SalamancaLista · 4th floor, lift€1,350,000€15,517873Above fair+21%162No readDomus Aurea Capital
Piso en venta en Lista – Madrid | Gilmar Consulting InmobiliarioLista · Terrace€1,719,000€15,3481122Above fair+21%160No readGilmar
1,009–1,032 of 1,398 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.

The market over time

How Salamanca’s market has moved

Official records only. Sale prices and homes sold go back to 2007, the official price index to 2022, and declared rents to 2011. Our own weekly asking prices join in mid-November.

What homes sold for, since 2007

€9,391per m²

up 20.9%in a year

Average price per m² in registered sales of second-hand homes in 2025, before we bring it forward to this quarter (€11,000 at a glance). The 2007 peak was €5,161; the 2014 low €3,502.

2025Salamanca€9,391Madrid€5,334

What homes sold for, since 2007
YearSalamancaMadrid
2025€9,391€5,334
2024€7,765€4,544
2023€7,375€4,077
2022€6,463€3,966
2021€5,647€3,649
2020€5,479€3,572
2019€5,740€3,473
2018€5,399€3,387
2017€4,807€2,945
2016€4,146€2,638
2015€3,703€2,461
2014€3,502€2,406
2013€3,538€2,383
2012€3,709€2,631
2011€4,380€3,133
2010€4,377€3,301
2009€4,346€3,288
2008€4,910€3,687
2007€5,161€3,860

The official price index, since 2022

+58.7%since early 2022

Official index of second-hand sale prices, 2022 = 100. Madrid rose 53.8% over the same quarters. The year and quarter changes are in At a glance.

Q2 2026Salamanca149.5Madrid149.6

The official price index, since 2022
QuarterSalamancaMadrid
Q2 2026149.5149.6
Q1 2026147.1145.9
Q4 2025144.3140.5
Q3 2025142.2138.5
Q2 2025134.7133.2
Q1 2025132.7126.9
Q4 2024125.5120.4
Q3 2024121.4116.8
Q2 2024116.6113.0
Q1 2024110.5108.5
Q4 2023114.5107.0
Q3 2023109.5105.8
Q2 2023108.3104.3
Q1 2023105.2102.6
Q4 2022104.6101.9
Q3 2022104.3101.9
Q2 202296.998.9
Q1 202294.297.2

Homes sold each year

2,357homes sold in 2025

down 6.8%in a year

Registered sales, second-hand and new. 39 of them were new-build. Salamanca is 6.0% of Madrid’s sales.

2025Homes sold2,357Share of Madrid6.0%

Homes sold each year
YearSoldOf Madrid
20252,3576.0%
20242,5306.8%
20231,9675.6%
20222,2975.6%
20211,9395.5%
20201,3795.4%
20191,5244.4%
20182,1155.5%
20172,2845.8%
20162,0426.4%
20151,5565.8%
20141,5827.2%
20131,2736.3%
20129154.6%
20111,1485.1%
20101,4605.5%
20091,0835.0%
20081,1214.0%
20072,0005.1%

What tenants declare they pay

€18.31per m² a month

up 6.4%in a year

Median rent on all leases declared in 2024, flats only. It moves slower than asking rents. The shaded band holds the middle half of leases.

2024Salamanca€18.31Middle half€14.45–€22.99Madrid€13.97

What tenants declare they pay
YearSalamancaMiddle halfMadrid
2024€18.31€14.45–€22.99€13.97
2023€17.21€13.75–€21.35€13.30
2022€16.35€13.13–€20.15€12.77
2021€15.67€12.50–€19.24€12.31
2020€15.60€12.14–€19.47€12.12
2019€15.32€11.99–€19.23€11.86
2018€13.94€10.75–€17.50€10.83
2017€13.16€10.23–€16.42€10.36
2016€12.70€9.86–€15.79€10.03
2015€12.26€9.41–€15.31€9.85
2014€12.00€8.95–€15.09€9.80
2013€12.20€8.99–€15.33€10.00
2012€12.66€9.36–€15.96€10.58
2011€12.82€9.38–€16.22€10.84
Coming

Asking prices of the homes we track, week by week

Arrives in mid-November 2026

We began recording every Monday on 21 September 2026. A line needs about eight weekly points. The change on the quarter follows around 21 December, and on the year in September 2027. It will sit beside the official index, never merged with it: ours is asking prices in the segment we track, not sales.

Coming, from: Frankly’s weekly snapshot of the listings we track. Nothing here is estimated.

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.