Altium Properties

Market report · July 2026

Luxury property prices in Madrid's Centro District

An analysis of the prime segment in Madrid's Centro District, built from Altium Properties' active portfolio, neighbourhood market averages and the official INE index. Where the premium is paid, and why.

11.046 €/ m²

Average price per m² in the district · up to 12.579 € in Justicia

Ranking by neighbourhood

Average price per square metre

The district's prime neighbourhoods, ranked by Altium's €/m², alongside each neighbourhood's market average and the premium the prime segment commands.

01
Justicia6 properties
12.579 €/m²median 1.33 M€
02
Palacio3 properties
11.508 €/m²median 0.69 M€
14
Properties analysed
0.696.56 M€
Portfolio price range
9 %
€/m² gap between the priciest and most affordable neighbourhood

Market context

The Madrid market, per the INE

+14.2%

Year-on-year change in home prices in the Community of Madrid (3T 2025). The prime segment of Madrid's Centro District, with a price per m² well above the regional average, behaves as a safe-haven asset with its own dynamics.

Second-hand housing: +14.5% YoY

Source: INE · Índice de Precios de Vivienda

Methodology. Prime €/m² is compiled from Altium Properties' active for-sale portfolio in Madrid's Centro District, updated continuously: calculated from each property's asking price and built area, excluding price-on-request listings and neighbourhoods with fewer than three properties (current sample: 14 properties). The year-on-year change is from the INE Housing Price Index (Community of Madrid). Market figures are a public reference taken manually on its date; portals do not allow automatic updates. Figures are indicative of the prime segment and do not constitute a valuation.

Considering buying or selling in Madrid's Centro District?