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
139 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
Barrio
All barrios
Has had a price cut
Showing 806 homes1 filter on · Clear all
Sort: Gap to fair value, highest first
806 homesGap to fair value, highest first
Homes for sale in Salamanca, sorted by gap to fair value, highest first
PhotoAddressPrice€/m²m²BedsVerdictVs fairDaysCutsAgency
Salamanca - CastellanaCastellana · Ground floor, terrace€2,487,000€11,6212142Fair0%15No readSavills Spain
Salamanca, MadridIn the distinguished Salamanca District, this location captivates those who value understated elegance, fine dining, and a flawlessly well-connected daily life: executives, cosmopolitan families, and art lovers who seek to live where Madrid dresses for a gala.Located in the prestigious Lista neighborhood, next to the iconic Manuel Becerra Square, this property enjoys a privileged setting in one of the capital’s most sought-after, elegant, and distinguished areas. The immediate surroundings are a testament to Madrid at its most stately, where the grandeur of classic residential architecture coexists in perfect harmony with the serene, tree-lined atmosphere of its streets.The neighborhood offers an unparalleled lifestyle, defined by a vibrant and sophisticated range that includes:Haute couture and shopping: Just steps from the most exclusive luxury boutiques and the international brands of the Golden Mile.Dining and leisure: An excellent selection of fine-dining restaurants, specialty cafés, and select private clubs.Premium services: International schools, art galleries, wellness centers, and concierge services that ensure maximum everyday comfort.In addition, its strategic position ensures excellent transport links and enviable proximity to Madrid’s main commercial and cultural arteries. A safe asset that makes this property an exceptional opportunity both for a dream residence and a high-end investment.Show moreLista · 5th floor, terrace€1,350,000€12,9811042Fair0%13No readEngel & Völkers
Salamanca, MadridLocated in the heart of the prestigious Salamanca district, the Goya neighbourhood is one of Madrid's most sought-after areas. It stands out for its vibrant retail and dining scene, with Calle Goya, El Corte Inglés, and the WiZink Center just a short stroll away. It is a safe and elegant environment that maintains a strong residential feel, with schools and all essential amenities right on your doorstep. Furthermore, it boasts unbeatable public transport links (Goya and Príncipe de Vergara Metro stations) and quick access to the M-30 motorway, offering the perfect balance of exclusivity and convenience.Goya · 3rd floor, terrace€1,329,000€12,9031032Fair0%13No readEngel & Völkers
Salamanca, MadridLista · Lift€1,159,000€12,598922Fair0%3No readEspígul
Castellana, Madrid ciudadCastellana · 3rd floor, terrace€2,089,000€12,8951622Fair0%2No readAProperties
Salamanca, MadridLista · Parking€899,000€13,029692Fair−1%148No readBHHS Spain
Distrito SalamancaGuindalera · 2nd floor, terrace€1,190,000€7,3911612Fair−1%1461 · −5%Housingo
Madrid, SalamancaLista · 5th floor, terrace€4,990,000€11,6054305Fair−1%145No readDomus Aurea Capital
CastellanaCastellana · Terrace€795,000€12,823624Fair−1%88No readColdwell Banker
Espectacular ático con terraza en pleno corazón del Bº SalamancaGoya · Ground floor, terrace€3,900,000€11,3043454Fair−1%56No readOlisson Club
Goya, Madrid ciudadGoya · 1st floor, terrace€1,200,000€12,766942Fair−1%35No readAProperties
Goya, Madrid ciudadGoya · 6th floor, terrace€2,600,000€13,9041872Fair−1%14No readAProperties
SalamancaGoya · Terrace€3,390,000€13,0382604Fair−1%8No readWalter Haus
Goya, Madrid ciudadGoya · 7th floor, terrace€1,495,000€12,6691182Fair−1%4No readAProperties
Goya, Madrid ciudadGoya · 4th floor, terrace€2,199,000€13,5741622Fair−1%2No readAProperties
Lista, Madrid ciudadLista · 4th floor, terrace€2,009,000€12,2501642Fair−1%2No readAProperties
Lujo de diseño y amplitud en el Barrio Salamanca2nd floor, terrace€3,500,000€13,2082654Fair−2%180No readDiza Consultores
Vivienda familiar en GuindaleraGuindalera · 5th floor, terrace€1,125,000€7,5001504Below fair−2%1801 · −2%Diza Consultores
Pied-à-terre en Principe de VergaraParking€775,000€12,705612Fair−2%180No readDiza Consultores
CastellanaCastellana · Terrace€985,000€12,313804Fair−2%177No readColdwell Banker
Diseño y calidad en el corazón de Madrid€800,000€12,698632Fair−2%168No readVeraltia
Guindalera, Madrid ciudadGuindalera · 6th floor, terrace€870,000€8,4471032Fair−2%160No readAProperties
SalamancaGoya · 6th floor, terrace€2,359,000€11,9141984Fair−2%148No readEngel & Völkers
Magnifico piso recién reformado junto al IELista · 3rd floor, lift€898,000€12,301732Fair−2%1161 · −4%Diza Consultores
337–360 of 806 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.

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