Frankly.
Flat for sale in Palacio
€1.175.000
New 2-bed apartment with parking in Palacio, Centro
2
bed
2
bath
98
At a glance:
Parking · Move-in ready

In the heart of Madrid’s Palacio district, this residence occupies a newly built development that reinterprets the area’s historic character through contemporary design. The home opens into a spacious living and dining area, where natural light and clean lines create a sense of continuity. A modern kitchen with integrated appliances sits adjacent, designed for seamless daily use.

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Also listed at: AProperties.

Listings that informed this estimate · centro
THE NEIGHBORHOOD

Centro

Centro is Madrid's medina — the historic core wrapped around the Royal Palace, Plaza Mayor, and the Austrias grid of narrow streets that have looked mostly the same since the 17th century. It's the most architecturally dense neighborhood in the city and the one most compromised by tourism pressure: the bulk of Madrid's short-term-let demand concentrates here, and Plan Especial de Hospedaje Ring 1 restrictions make new VUT licenses essentially unobtainable. The residential population that remains skews older, more local, and occupies buildings their families have held for generations. This is not a buyer's neighborhood in the Salamanca or Chamberí sense — it's a buyer's neighborhood for someone who values cultural density over space, light, and ease.

All homes for sale in Centro →
Nearby
🚇 Sol
3 min · Line 1, 2, 3
🚇 Ópera
5 min · Line 2, 5
🚇 La Latina
6 min · Line 5
🏫 Brewster Madrid (Chamberí campus)
2.5 km · American / IB
🏫 Hastings School
5 km · British / IB
🏛️ Plaza Mayor