Frankly.
Photo of Brand new 3-bed apartment with terrace in Chamartín
Bedrooms
3
Bathrooms
3
Built area
157 m²

What the advert says

  • Terrace
  • Ground floor, exterior (windows on the street)

Am I overpaying to live here

Priced above what homes like it suggest.

Asking is €1,750,000, 38% above what similar homes nearby suggest. The range they point to, and what the gap costs you each month, open with a free account.

See the fair range and the three checks

Free with an account. You get the range similar homes point to, what the gap would cost you each month, and where every number comes from.

No price change since we first saw it on 10 Oct 2026. How sellers negotiate in Chamartín →

Listings that informed this estimate · Chamartín

The homes we compared it with.

We compared it with 40 homes on sale in Chamartín, each of 127–185 m². The middle half of them, priced at this flat’s 157 m², gives the fair range above. These are the eight closest in size.

Asking prices, not sale prices · sorted by closest in size

Brand new 3-bed apartment with terrace in ChamartínThis listingAbove market compared with similar homes

Brand new 3-bed apartment with terrace in Chamartín

157 m² · 3 beds · 3 baths

€1,750,000

€11,146/m² per square metre

The home you are looking at

4-bed apartment with terrace in Prosperidad, ChamartínAt market compared with similar homes

4-bed apartment with terrace in Prosperidad, Chamartín

158 m² · 4 beds · 3 baths

€1,245,000

€7,880/m² per square metre

12% under similar homes · Includes a garage space · 5th floor, lift

Spacious 3-bed apartment with parking in Nueva España, ChamartínAt market compared with similar homes

Spacious 3-bed apartment with parking in Nueva España, Chamartín

154 m² · 3 beds · 3 baths

€1,350,000

€8,766/m² per square metre

2% under similar homes · New or fully renovated · Includes a garage space

Bright 3-bed apartment with parking on Nueva España in Nueva España, ChamartínAbove market compared with similar homes

Bright 3-bed apartment with parking on Nueva España in Nueva España, Chamartín

153 m² · 3 beds · 3 baths

€1,680,000

€10,980/m² per square metre

23% over similar homes · Includes a garage space

Bright 3-bed apartment with terrace on Pío XII in Prosperidad, ChamartínAbove market compared with similar homes

Bright 3-bed apartment with terrace on Pío XII in Prosperidad, Chamartín

153 m² · 3 beds · 3 baths

€1,395,000

€9,118/m² per square metre

2% over similar homes · New or fully renovated · Exterior

Spacious 4-bed apartment on José Rodríguez Pinilla in Nueva España, ChamartínAbove market compared with similar homes

Spacious 4-bed apartment on José Rodríguez Pinilla in Nueva España, Chamartín

163 m² · 4 beds · 3 baths

€1,495,000

€9,172/m² per square metre

3% over similar homes · New or fully renovated

4-bed apartment with parking in Prosperidad, ChamartínAt market compared with similar homes

4-bed apartment with parking in Prosperidad, Chamartín

163 m² · 4 beds · 4 baths

€1,245,000

€7,638/m² per square metre

14% under similar homes · New or fully renovated · Exterior

3-bed apartment with terrace in Hispanoamérica, ChamartínAt market compared with similar homes

3-bed apartment with terrace in Hispanoamérica, Chamartín

150 m² · 3 beds · 3 baths

€1,250,000

€8,333/m² per square metre

6% under similar homes · Includes a garage space · 6th floor, lift

At market compared with similar homes

Renovated 3-bed apartment with terrace in Prosperidad, Chamartín

164 m² · 3 beds · 3 baths

€1,250,000

€7,622/m² per square metre

14% under similar homes · New or fully renovated · Exterior

The neighbourhood · Chamartín

Chamartín: 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

€79,274household income a yeara year

Madrid €49,916Household income · Madrid €49,916

Official district

People

Population
down 1.0% in a year
148,093
Average age
Madrid 44.1
45.1
Aged 65 or over
Madrid 20.6%
24.3%
Registered unemployment
Madrid 5.8%
3.8%
Years of income to buy
average-size home (102 m²) ÷ household income · Madrid 9.7
10.7 years

SaleChamartín · askingasking

€9,421per m²

Madrid, homes we track: €11,053

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
€9,550/m²
Asking vs sold
Homes we track ask about 1% less than recorded sales in the same barrios.about 1% less, same barrios
−1%

Homes for sale now

Priced below our fair value
of 444 homes we can read
26%
Typical time advertised
since we first saw each one
105 days
Have cut their price
53 of 552
10%

RentChamartín · askingasking

€26.6per m² a month

Madrid, homes we track: €31.7

What tenants pay on existing leases

In 2024
up 3.9% that year
€17.1 per m²

Homes to rent now

To rent now
homes we track
125
Typical asking rent
half ask less, half more
€3,700 a month
Typical time listed
since we first saw each one
25 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 Chamartín grade would be invented precision.

The building itself

What the advert says about the building, and how to check it.

Spain’s land registry (the Catastro) records every building’s size, age and use. The first two figures are the agency’s; pull the building’s own record below to check them.

—the year it was builtnot stated in the listing
Ground floorlift not statedas the listing states

Get the building’s Catastro record

Type the street address from the viewing, or the 20-character cadastral reference from the IBI bill. We look it up in the Catastro and set it against the advert. Free.

Free with an account. You’ll come straight back here after signing in.

Get the building’s Catastro record

No address yet? Frankly’s verified agent or the agency can give it to you after a viewing.

What comes back

Built areathe Catastro’s figure, against the advert’s 157 m²
—
Year built
—
Useresidential, office, shop…
—
Homes in the buildingand other units
—
This homefloor and door
—
Cadastral reference20 characters
—

Things that would change the deal

Spanish situations that catch foreign buyers out.

None of these are unusual in Spain, and none of them are visible in a photo. Each one changes what you are actually buying.

  • Sold with a tenant already in it

    Vendido con inquilino. You inherit their contract — in Spain that can run five more years at the rent they already pay.

    Ask the agency
  • You buy it, the seller keeps living in it

    Nuda propiedad, literally “bare ownership”. You own the home but cannot use or let it until the seller dies. Prices look like a bargain for this reason.

    Ask the agency
  • Someone is living there without a lease

    Vivienda ocupada. Resolving it goes through the courts and can take more than a year. Ask the agency whether the home is empty.

    Ask the agency
  • Being sold at auction

    Subasta. You usually cannot view it first, and you may take on the previous owner’s debts on the property.

    Ask the agency
  • No first-occupancy licence

    Sin licencia de primera ocupación. The building cannot legally be lived in yet, which also means most banks will not lend on it.

    Ask the agency
  • A big repair bill on the way

    Derrama (a one-off levy the building charges owners for big repairs, such as a new lift or facade). Ask for the last three years of owners’ meeting minutes (actas de la comunidad) to see what has been agreed.

    Ask the agency
  • Tourist lets in this district

    Vivienda de uso turístico (a licensed tourist flat). The city’s Plan Especial de Hospedaje restricts new ones in parts of this district.

    Partly restricted

We do not yet read listings for these. Ask the agency before you offer; your lawyer confirms each one in the nota simple (the land-registry extract).

None of this tells you whether to buy it.

It tells you what to ask, what to budget, and what a fair number looks like. The verified agent can tell you the rest.

Contact the listing agency

An independent buyer’s agent Frankly has verified. 30 minutes, free, no obligation. Paid by you, not by the seller.

€1,750,00038% above fair value