Asking price since we first saw it
| Date | Days after first seen | Change | Price |
|---|---|---|---|
| 17 Sep 2026 | 101 | +€94,000 · 15.8% | €689,000 |
| 25 Jul 2026 | 47 | −€94,000 · 13.6% | €595,000 |
| 7 Jun 2026 | first seen | — | €689,000 |

€689,000
No read on this priceWhat the advert says
Is this price fair
Homes at this level trade on things a price per m² can’t see, so we don’t put a range on them.
Listings that informed this estimate · Salamanca
Too few similar homes on the market to show.
If you rented it out as someone’s home
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.
Asking rent, yield, running costs and the five-year view for this home.
This home’s asking price
| Date | Days after first seen | Change | Price |
|---|---|---|---|
| 17 Sep 2026 | 101 | +€94,000 · 15.8% | €689,000 |
| 25 Jul 2026 | 47 | −€94,000 · 13.6% | €595,000 |
| 7 Jun 2026 | first seen | — | €689,000 |
Salamanca, for context: 7% of sellers cut their asking price in the past 12 months, typically by about 5%. How sellers negotiate in Salamanca →
The market over time
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.
€12,088per m², this home’s asking price
Salamanca’s registered sales averaged €9,391 per m² in 2025, about €10,900 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.
| Year | Salamanca | Madrid |
|---|---|---|
| Today | This home, asking €12,088 | |
| 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 |
2.8%gross yield in Salamanca, 2024
Rents on existing long-term leases (flats only), over the prices of second-hand homes sold that year. Gross, before costs.
| Year | Salamanca | Madrid |
|---|---|---|
| 2024 | 2.8% | 3.7% |
| 2023 | 2.8% | 3.9% |
| 2022 | 3.0% | 3.9% |
| 2021 | 3.3% | 4.0% |
| 2020 | 3.4% | 4.1% |
| 2019 | 3.2% | 4.1% |
| 2018 | 3.1% | 3.8% |
| 2017 | 3.3% | 4.2% |
| 2016 | 3.7% | 4.6% |
| 2015 | 4.0% | 4.8% |
| 2014 | 4.1% | 4.9% |
| 2013 | 4.1% | 5.0% |
| 2012 | 4.1% | 4.8% |
| 2011 | 3.5% | 4.2% |
2,357homes sold in 2025
Registered sales, second-hand and new. 39 of them were new-build. Salamanca is 6.0% of Madrid’s sales.
| Year | Sold | Of Madrid |
|---|---|---|
| 2025 | 2,357 | 6.0% |
| 2024 | 2,530 | 6.8% |
| 2023 | 1,967 | 5.6% |
| 2022 | 2,297 | 5.6% |
| 2021 | 1,939 | 5.5% |
| 2020 | 1,379 | 5.4% |
| 2019 | 1,524 | 4.4% |
| 2018 | 2,115 | 5.5% |
| 2017 | 2,284 | 5.8% |
| 2016 | 2,042 | 6.4% |
| 2015 | 1,556 | 5.8% |
| 2014 | 1,582 | 7.2% |
| 2013 | 1,273 | 6.3% |
| 2012 | 915 | 4.6% |
| 2011 | 1,148 | 5.1% |
| 2010 | 1,460 | 5.5% |
| 2009 | 1,083 | 5.0% |
| 2008 | 1,121 | 4.0% |
| 2007 | 2,000 | 5.1% |
€18.31per m² a month
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.
| Year | Salamanca | Middle half | Madrid |
|---|---|---|---|
| 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
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.
Who buys in Salamanca: official figures are on their way.
Coming
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
This flat is in Guindalera, 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.
€69,147a year
Household income · Madrid €49,916
Official district, including Recoletos
People
€12,931per m²
Madrid, homes we track: €10,903
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 for sale now
€31.8per m² a month
Madrid, homes we track: €30.6
What tenants pay on existing leases
Homes to rent now
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
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.
What comes back
Things that would change the deal
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.
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.
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.
Being sold at auction
Subasta. You usually cannot view it first, and you may take on the previous owner’s debts on the property.
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.
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.
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.
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).
It tells you what to ask, what to budget, and what a fair number looks like. The verified agent can tell you the rest.
An independent buyer’s agent Frankly has verified. 30 minutes, free, no obligation. Paid by you, not by the seller.
How we got these numbers
Every figure in this section: what it measures, where it comes from, and what we did to it.
Attribution
Listing prices belong to the agencies that publish them. Frankly does not verify them.
How we got these numbers
Every figure in this section: what it measures, where it comes from, and what we did to it.
Attribution
Listing prices belong to the agencies that publish them. Frankly does not verify them.
How we got these numbers
Every figure on this card: what it measures, where it comes from, and what we did to it. Figures cover the official district, which includes Recoletos.
Attribution
Elaboración propia con datos extraídos del sitio web del INE: www.ine.es, 2023. Licence CC BY 4.0.
Origen de los datos: Ayuntamiento de Madrid, 2025–2026. Licence CC BY 4.0.
Comunidad de Madrid, IPVCM, Q2 2026. Licence CC BY 4.0.
Source: Colegio de Registradores, via Ayuntamiento de Madrid statistics.
How we got these numbers
Every figure on this card: what it measures, where it comes from, and what we did to it.
Attribution
Comunidad de Madrid, IPVCM, Q2 2026. Licence CC BY 4.0.
Source: Colegio de Registradores, via Ayuntamiento de Madrid statistics.
Listing prices belong to the agencies that publish them. Frankly does not verify them.
How we got these numbers
Every figure on this card: what it measures, where it comes from, and what we did to it.
Attribution
Elaboración propia con datos extraídos del sitio web del INE: www.ine.es, 2024. Licence CC BY 4.0.
Source: Ministerio de Vivienda y Agenda Urbana, SERPAVI, 2011–2024 database (file last updated 9 July 2026); figures for 2024. Reused under the ministry’s terms, which require this citation.
Listing prices belong to the agencies that publish them. Frankly does not verify them.
How we got these numbers
Every figure in this section: what it measures, where it comes from, and what we did to it.
Attribution
Listing prices belong to the agencies that publish them. Frankly does not verify them.
How we got these numbers
Every figure in this section: what it measures, where it comes from, and what we did to it.
Attribution
Source: Colegio de Registradores, via Ayuntamiento de Madrid statistics.
Source: Ministerio de Vivienda y Agenda Urbana, SERPAVI, 2011–2024 database (file last updated 9 July 2026); figures for 2024. Reused under the ministry’s terms, which require this citation.
INE, consumer price index (table 76134) and IRAV rent-update index (table 72975). Licence CC BY 4.0.