Frankly.
Photo of Bright 3-bed apartment with terrace on Goya in Goya, Salamanca

€2,990,000

No read on this price

Bright 3-bed apartment with terrace on Goya in Goya, Salamanca

Goya, Salamanca
Bedrooms
3
Bathrooms
3
Built area
127 m²

Is this price fair

We can’t put a fair range on this one yet.

Homes at this level trade on things a price per m² can’t see, so we don’t put a range on them.

No price change since we first saw it on 25 Sep 2026. How sellers negotiate in Salamanca →

Listings that informed this estimate · Salamanca

The homes we compared it with.

Too few similar homes on the market to show.

If you rented it out as someone’s home

Two different things get called rent in Spain.

Everything here is long-term residential rent: a lease for someone’s home, never a tourist or short-stay let. Asking rent is what landlords advertise today. Rent on existing leases is what tenants pay, as recorded in tax returns, and it reaches the statistics about two years later. It runs lower; the yield here is on asking.

The rental numbers come with the search pass.

Asking rent, yield, running costs and the five-year view for this home.

The market over time

How this home’s market has moved

Salamanca, from official records. Only the 2025 rent point is our estimate; every other line is published data. A ring marks where this home’s asking price sits.

This price against Salamanca’s history

€23,543per m², this home’s asking price

Salamanca’s registered sales averaged €9,391 per m² in 2025, about €11,000 brought forward to this quarter. The ring is this home’s asking price, not a sale. Past rises aren’t assumed in the five-year figures above.

2025Salamanca€9,391Madrid€5,334This home, asking€23,543

This price against Salamanca’s history
YearSalamancaMadrid
TodayThis home, asking €23,543
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

Gross yield on long-term rents, over time

2.8%gross yield in Salamanca, 2024

down 1.3 pointssince 2013

Rents on existing long-term leases (flats only), over the prices of second-hand homes sold that year. Gross, before costs.

2024Salamanca2.8%Madrid3.7%

Gross yield on long-term rents, over time
YearSalamancaMadrid
20242.8%3.7%
20232.8%3.9%
20223.0%3.9%
20213.3%4.0%
20203.4%4.1%
20193.2%4.1%
20183.1%3.8%
20173.3%4.2%
20163.7%4.6%
20154.0%4.8%
20144.1%4.9%
20134.1%5.0%
20124.1%4.8%
20113.5%4.2%

Homes sold each year in Salamanca

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 in Salamanca
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 in Salamanca

€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 leases in SalamancaWhat tenants pay on existing leases in Salamanca. 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

Who buys in this district

Who buys here, and how.

Spain’s land registry publishes who completes purchases, by district: where buyers come from, and whether they buy through a company. Names are never included.

BuyersSalamanca district

Who buys in Salamanca: official figures are on their way.

Coming

  • Buyers from outside Spain
  • Buying through a company
  • How long owners keep a home

Nothing here is estimated. Each figure appears once it is loaded from its source and checked. Buyer figures are published for the whole district, never for a single street or home.

The neighbourhood · Salamanca

Salamanca: who lives here, what homes sell for, what they rent for.

This flat is in Goya, a barrio (neighbourhood) of the Salamanca district. 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

€12,948per m²

Madrid, homes we track: €11,036

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
€11,000/m²
Asking vs sold
Homes we track ask about 18% more than recorded sales in the same barrios.about 18% more, same barrios
+18%

Homes for sale now

Priced below our fair value
of 1,350 homes we can read
31%
Typical time advertised
since we first saw each one
135 days
Have cut their price
180 of 1,472
12%

RentSalamanca · askingasking

€31.3per m² a month

Madrid, homes we track: €30.3

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
525
Typical asking rent
half ask less, half more
€3,495 a month
Typical time listed
since we first saw each one
146 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.

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
—lift not statednot stated in the listing

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 127 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.

€2,990,000No read on this price