Frankly.
Price tracking · Madrid

Madrid homes that just got cheaper.

42 luxury listings have cut their asking price in the last 90 days. For each one you can see what it first asked, how much came off, and what Frankly thinks it is actually worth.

Frankly tracks Madrid’s luxury market and prices every listing against comparable homes nearby. Free to browse, and we never hand your details to a listing agency.

listings tracked
5,422listings tracked
agencies covered
42agencies covered
price re-check
Dailyprice re-check
Penthouse with terrace in Recoletos
15% off
€5.500.000
23.404 €/m²
6.500.000−€1.000.000
3-bed penthouse with terrace in Recoletos, Salamanca
Recoletos
30% above market
Lujo clásico en la mejor zona de Recoletos
9% off
€5.000.000
17.730 €/m²
5.500.000−€500.000
Classic 6-bed apartment in a period building in Recoletos, Salamanca
Recoletos
18% above market
Ático a reformar de 3 dormitorios con terraza de 26 m² en venta en Recoletos, Madrid
6% off
€6.500.000
26.423 €/m²
6.950.000−€450.000
3-bed penthouse with terrace in Recoletos, Salamanca
Recoletos
Priced case by case
Piso en venta en Recoletos
8% off
€4.900.000
14.000 €/m²
5.300.000−€400.000
Classic 2-bed apartment with terrace in Recoletos, Salamanca
Recoletos
22% above market
Piso en venta en Madrid (Salamanca) | Ref: 5551
7% off
€5.000.000
20.080 €/m²
5.350.000−€350.000
Renovated 3-bed apartment in a classic building in Recoletos, Salamanca
Recoletos
34% above market
Excepcional piso exterior con terraza en edificio clásico de 1940
11% off
€2.750.000
12.387 €/m²
3.100.000−€350.000
Classic 3-bed apartment with terrace in Recoletos, Salamanca
Recoletos
21% below market
Flat 3 Bedrooms Sale Madrid
11% off
€2.750.000
12.500 €/m²
3.100.000−€350.000
3-bed penthouse with terrace in Recoletos, Salamanca
Recoletos
28% below market
Ático en venta en Castelló
11% off
€2.650.000
10.192 €/m²
2.990.000−€340.000
4-bed penthouse with terrace in Recoletos, Salamanca
Recoletos
15% below market
Clasicismo en edificio histórico en pleno Recoletos
8% off
€3.875.000
16.560 €/m²
4.200.000−€325.000
4-bed apartment with terrace in Recoletos, Salamanca
Recoletos
At market
Casa Independiente en Recoletos.
22% off
€1.090.000
13.974 €/m²
1.395.000−€305.000
2-bed townhouse with parking in Recoletos, Salamanca
Recoletos
Exclusiva vivienda haciendo esquina junto a Serrano
10% off
€2.750.000
13.158 €/m²
3.050.000−€300.000
3-bed apartment with lift in Recoletos, Salamanca
Recoletos
At market
vivienda reformada con 3 balcones en Recoletos
7% off
€4.200.000
18.750 €/m²
4.500.000−€300.000
Renovated 3-bed apartment with terrace in Recoletos, Salamanca
Recoletos
26% above market
Piso en venta en Calle Lagasca
9% off
€2.650.000
12.326 €/m²
2.920.000−€270.000
Corner 3-bed apartment with terrace on Calle Lagasca in Castellana, Recoletos
Recoletos
At market
Piso en venta en Recoletos
6% off
€4.250.000
14.073 €/m²
4.500.000−€250.000
2-bed classic penthouse with terrace in Recoletos, Salamanca
Recoletos
At market
Piso en venta en Madrid (Salamanca) | Ref: 5555
4% off
€5.750.000
24.364 €/m²
6.000.000−€250.000
Renovated 3-bed apartment in classic building in Recoletos, Salamanca
Recoletos
Priced case by case
Piso a reformar en Recoletos con balcones
7% off
€3.250.000
13.542 €/m²
3.500.000−€250.000
Spacious 4-bed apartment in a classic building in Recoletos, Salamanca
Recoletos
At market
Elegant flat in Recoletos, 240 m2, with three en-suite bedrooms
4% off
€5.750.000
23.958 €/m²
6.000.000−€250.000
Spacious 3-bed apartment with terrace in Recoletos, Salamanca
Recoletos
Priced case by case
Piso a la venta en Salamanca
8% off
€2.900.000
13.744 €/m²
3.150.000−€250.000
2-bed penthouse with terrace in Recoletos, Salamanca
Recoletos
19% below market
Flat in Recoletos for Renovation
8% off
€2.900.000
13.744 €/m²
3.150.000−€250.000
4-bed apartment with terrace in Recoletos, Salamanca
Recoletos
At market
Piso en venta en Recoletos – Madrid | Gilmar Consulting Inmobiliario
12% off
€1.490.000
12.114 €/m²
1.699.000−€209.000
Classic 3-bed apartment in classic building in Recoletos, Salamanca
Recoletos
22% below market
Duplex for sale in Recoletos
16% off
€1.090.000
13.797 €/m²
1.295.000−€205.000
2-bed duplex with parking in Recoletos, Salamanca
Recoletos
6% below market
Cinco balcones en el corazón de Recoletos
4% off
€5.100.000
14.571 €/m²
5.300.000−€200.000
4-bed penthouse with terrace in Recoletos, Salamanca
Recoletos
At market
Apartment for sale in Recoletos, Madrid
4% off
€4.900.000
16.443 €/m²
5.100.000−€200.000
3-bed penthouse with terrace on Recoletos in Recoletos, Salamanca
Recoletos
At market
Edificio clásico a un paso de la Puerta de Alcalá
4% off
€4.500.000
17.176 €/m²
4.700.000−€200.000
4-bed apartment with terrace in Puerta De Alcala, Recoletos
Recoletos
At market
How to read this page

A price cut isn’t the same as a good price.

A home can take €300,000 off and still be expensive — it just started higher. So alongside the cut, Frankly compares the listing’s price per square metre against recent asking prices for comparable homes in the same district. Where we have enough comparable listings to be confident, the card carries a verdict: below, at, or above the local median.

Where we don’t have enough comparables — a one-off townhouse, a district we cover thinly — we say so rather than guess. The cut is a fact we observed. The verdict is our read on it.

How the analysis works →
Next step

Who’s on your side when you make the offer?

The listing agency is engaged by the seller — that is their job, and they do it well. If you want someone engaged by you, Brian is a Frankly-verified buyer’s agent in Madrid. He handles viewings, negotiation, and the Spanish paperwork: the nota simple (the land-registry extract showing who owns the property and what debts sit against it), the NIE (the tax number every foreign buyer needs), and the notary appointment.

Free 30-minute consultation, in English. No obligation.

Questions

How does Frankly know a price dropped?

We re-check every tracked listing daily and record the asking price whenever it changes. A listing appears on this page when its current price is at least €15,000 and 2% below what it first asked, and that cut happened within the last 90 days. Smaller adjustments and year-old cuts are filtered out — they are noise, not news.

Does a price cut mean the home is a good deal?

Not on its own. Some listings launch high and come back to a normal price; others were already fair and are now genuinely cheap. That is why each card carries a verdict comparing the listing’s price per square metre to comparable homes in the same district, not just the size of the cut.

Which listings do you cover?

Madrid’s prime and luxury residential market — Salamanca, Chamberí, Centro, Retiro, Chamartín and the surrounding districts, plus the northern suburbs. If a listing you are looking at isn’t here, paste its URL into “Analyse a listing” and we will price it on the spot.

Do I need an account?

Not to browse. This page and every property page on Frankly are open. A free account is only needed to run a full analysis on a listing you paste in yourself.

What happens to my details?

Nothing is shared by default — browsing here is anonymous. We only pass your name and email to a partner agent when you explicitly request a consultation and tick the consent box on that form.