Altium Properties

Centro District

The Centro district is Madrid's founding core. The Habsburgs shaped its medieval layout with the Plaza Mayor (1619) and royal convents. The Bourbons transformed it in the 18th century: Charles III championed monumental avenues, gardens and the Royal Palace (135,000 m² and 3,418 rooms, the largest in Western Europe).

Frequently Asked Questions

How much does a square metre cost in central Madrid?

The district average is around €7,370/m². Justicia exceeds €9,000/m² and Plaza de las Salesas reaches €12,550/m². Super-luxury projects like Canalejas have recorded €20,000-30,000/m² transactions.

What is the most exclusive area in the centre?

Justicia, including Chueca and Salesas: art galleries, designer boutiques, signature restaurants and rehabilitated stately buildings next to the Supreme Court.

What kind of homes are found in the Centro district?

Rehabilitated palaces, flats in historic buildings, lofts in converted industrial spaces and penthouses overlooking the Paseo del Prado, a UNESCO World Heritage site.