Frankly.

District · one of Madrid’s 21

Salamanca

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

1,524homes for sale right nowfor sale553 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.

The people who live here, what homes sell for and what rent costs, each set against 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 (101 m²) ÷ household income · Madrid 9.7
14.9 years

SaleSalamanca · askingasking

€13,037per m²

Madrid, homes we track: €11,079

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
€10,950/m²
Asking vs sold
Homes we track ask about 19% more than recorded sales in the same barrios.about 19% more, same barrios
+19%

Homes for sale now

Priced below our fair value
of 1,400 homes we can read
31%
Typical time advertised
since we first saw each one
132 days
Have cut their price
182 of 1,524
12%

RentSalamanca · askingasking

€32.1per m² a month

Madrid, homes we track: €30.7

What tenants pay on existing leases

In 2024
up 4.2% that year
€18.3 per m²

Homes to rent now

To rent now
homes we track
553
Typical asking rent
half ask less, half more
€3,500 a month
Typical time listed
since we first saw each one
147 days

Asking rents are for homes advertised today. What tenants pay on existing leases comes from tax returns, runs about two years behind and is usually lower.

No grade for mortgage defaults or homes occupied without a lease (ocupación), 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 1,509 homes1 filter on · Clear all
1,509 homesGap to fair value, lowest first
Homes for sale in Salamanca, sorted by gap to fair value, lowest first
PhotoAddressPrice€/m²m²BedsVerdictVs fairDaysCutsAgency
SalamancaLift€4,280,000€22,0621942No readNo read147No readGlanz
SalamancaLista · Terrace€6,050,000€20,6482932No readNo read1471 · −2%Glanz
Salamanca€5,869,630€20,1012922No readNo read147No readGlanz
Piso a estrenar en la Milla de Oro con terraza y garajeTerrace€4,990,000€16,0973104No readNo read143No readDiza Consultores
Elegancia y luz junto a la castellana.Castellana · 5th floor, terrace€1,595,000€7,2502204No readNo read1431 · −6%Diza Consultores
Madrid, Salamanca1st floor, lift€3,950,000€18,5452134No readNo read141No readDomus Aurea Capital
Magnífico chalet independiente en Marbella con vista al mar.Ground floor, terrace€3,500,000€8,7504005No readNo read140No readOlisson Club
Chalet en buen estado con piscina y jardín privado en una de las zonas más exclusivas de MadridGuindalera · Parking€2,500,000€9,3982665No readNo read140No readOlisson Club
Chalet a reformar con jardín privado en una de las zonas más exclusivas de MadridGuindalera · Terrace€1,890,000€9,1302074No readNo read140No readOlisson Club
Elegancia y diseño en una ubicación prime de MadridGoya · Terrace€1,329,000€12,9031032No readNo read1401 · −4%Olisson Club
New penthouse in the Salamanca neighborhoodCastellana · Ground floor, terrace€17,500,000€25,1086974No readNo read140No readSpain Sotheby's International Realty
Castellana, SalamancaCastellana · Lift€1,950,000€6,8182864No readNo read139No readELEV Real Estate
Unique opportunity in one of Madrid's most exclusive areas.Goya · Terrace€15,000,000€13,8891,0804No readNo read139No readSpain Sotheby's International Realty
Renovated Penthouse in Classic Building in Barrio de SalamancaLista · Terrace€1,079,000€33,719321No readNo read139No readSpain Sotheby's International Realty
Salamanca - CastellanaCastellana · Ground floor, terrace€10,800,000€24,0004504No readNo read137No readSavills Spain
Salamanca - ListaLista · Ground floor, terrace€11,900,000€19,7026045No readNo read137No readSavills Spain
Barrio de Salamanca , CastellanaGoya · Terrace€799,000€5,7481393No readNo read135No readETURES
Barrio de Salamanca , ListaLista · Lift€745,000€5,2841413No readNo read135No readETURES
OrcasitasGuindalera · Lower ground, parking€1,440,000€7,2361997No readNo read135No readAvanza Homes
Dúplex de diseño en Barrio SalamancaParking€760,000€4,6061654No readNo read1331 · −4%The Avenue Select Real Estate
Madrid, Salamanca2nd floor, lift€6,000,000€21,8182754No readNo read126No readDomus Aurea Capital
Piso en venta en Madrid (Salamanca)2nd floor, lift€9,250,000€22,9534034No readNo read114No readIconic Living
Piso en venta en Madrid (Salamanca)5th floor, lift€17,000,000€32,1365294No readNo read114No readIconic Living
Distrito SalamancaGuindalera · Lift€2,150,000€7,2392975No readNo read1141 · −6%Housingo
1,441–1,464 of 1,509 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, plus one estimate. Sale prices and homes sold go back to 2007, the official price index to 2022, and declared rents to 2011; only the 2025 rent point is our estimate. 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 (€10,950 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 pay on existing leases

€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. The dotted end is our estimate for 2025, not a published figure.

2024Salamanca€18.31Middle half€14.45–€22.99Madrid€13.972025 · our estimate

What tenants pay on existing leasesWhat tenants pay on existing leases. Salamanca: median, with the middle half of leases beneath
YearSalamancaMiddle halfMadrid
2025 · our estimate€19.14€18.59–€20.51—€14.41€14.00–€15.44
2024€18.31€14.45–€22.99€14.45–€22.99€13.97
2023€17.21€13.75–€21.35€13.75–€21.35€13.30
2022€16.35€13.13–€20.15€13.13–€20.15€12.77
2021€15.67€12.50–€19.24€12.50–€19.24€12.31
2020€15.60€12.14–€19.47€12.14–€19.47€12.12
2019€15.32€11.99–€19.23€11.99–€19.23€11.86
2018€13.94€10.75–€17.50€10.75–€17.50€10.83
2017€13.16€10.23–€16.42€10.23–€16.42€10.36
2016€12.70€9.86–€15.79€9.86–€15.79€10.03
2015€12.26€9.41–€15.31€9.41–€15.31€9.85
2014€12.00€8.95–€15.09€8.95–€15.09€9.80
2013€12.20€8.99–€15.33€8.99–€15.33€10.00
2012€12.66€9.36–€15.96€9.36–€15.96€10.58
2011€12.82€9.38–€16.22€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.