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 yesterday

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
LISTA PARA RECREAR TU ESTILO EN JERÓNIMOSLista · Ground floor€3,690,000€14,6432523No readNo read114No readOtto Bayt
Distrito Salamanca6th floor, terrace€10,800,000€27,4813932No readNo read114No readHousingo
Salamanca2nd floor, terrace€6,000,000€23,2562583No readNo read113No readEngel & Völkers
SalamancaTerrace€2,090,000€7,7412705No readNo read113No readEngel & Völkers
SalamancaGoya · 6th floor, terrace€789,000€15,780501No readNo read113No readEngel & Völkers
Piso en venta en Goya – Madrid | Gilmar Consulting InmobiliarioGoya · Terrace€4,500,000€20,4552204No readNo read111No readGilmar
CastellanaCastellana · Terrace€4,895,000€21,3762294No readNo read90No readColdwell Banker
Salamanca - CastellanaCastellana · Ground floor, terrace€4,895,000€20,9192343No readNo read90No readSavills Spain
EXCLUSIVE PENTHOUSE DUPLEX WITH TERRACE AND PRIVATE SWIMMING POOL IN THE SALAMANCA NEIGHBOURHOODTerrace€4,895,000€21,3762293No readNo read90No readPromora
Exclusiva residencia rodeada de naturaleza con piscina y máxima privacidadTerrace€1,175,000€2,8734095No readNo read90No readOlisson Club
Unique Penthouse with private pool in the Salamanca DistrictLista · Terrace€4,895,000€21,3762293No readNo read90No readSpain Sotheby's International Realty
Salamanca - CastellanaCastellana · Ground floor, terrace€5,640,000€17,5163226No readNo read71No readSavills Spain
Salamanca - CastellanaCastellana · Ground floor, terrace€6,495,000€20,9523105No readNo read71No readSavills Spain
Ático en venta en Guindalera – Madrid | Gilmar Consulting InmobiliarioGuindalera · Lower ground, terrace€750,000€8,333902No readNo read63No readGilmar
Salamanca, Madrid.Ground floor, parking€11,000,000€22,0005005No readNo read58No readKnight Frank
Barrio de Salamanca, GoyaGoya · Ground floor, terrace€759,000€16,867451No readNo read37No readUnica Inmobiliaria
GoyaGoya · Terrace€1,079,000€22,957473No readNo read30No readColdwell Banker
ListaLista · Ground floor, terrace€4,295,000€18,5132324No readNo read30No readColdwell Banker
Distrito SalamancaLower ground, lift€750,000€5,9061272No readNo read28No readHousingo
Castellana, Madrid ciudadCastellana · 6th floor, terrace€1,200,000€4,8782462No readNo read22No readAProperties
Propiedad de Obra Nueva en venta en Salamanca | Goya | Madrid.Goya · 6th floor, terrace€6,500,000€34,2111903No readNo read21No readChristie's Real Estate Madrid
Salamanca-ListaLista · Terrace€6,200,000€17,2223604No readNo read15No readThe Sibarist
Las mejores vistas de MadridCastellana · Ground floor, terrace€12,000,000€19,3556205No readNo read15No readDiza Consultores
Valverde, MadridThe location of this apartment offers the perfect balance between residential tranquility and exceptional connectivity. The property enjoys a privileged location just minutes from Las Tablas Metro station (Line 10 and Metro Ligero Line 1), as well as bus routes 172 and 176, providing fast, direct access to the city center and Plaza de Castilla.The area stands out for its excellent educational facilities, surrounded by highly prestigious schools such as El Valle and Valverde. It also offers a comprehensive range of amenities within walking distance: high-quality supermarkets, exclusive dining areas, healthcare centers, and green spaces ideal for sports and family leisure. Its proximity to Telefónica and BBVA headquarters, together with immediate access to the A-1, M-40, and M-11 motorways, make this location one of Madrid’s most desirable areas, with the greatest potential for future development.Connected to Madrid’s green cycling ring. Privileged location within the development project of the Castellana Norte urban plan.Show moreCastellana · 1st floor, terrace€1,199,000€6,0861974No readNo read15No readEngel & Völkers
1,465–1,488 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.

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