Welcome to Madrid

Madrid, the vibrant capital of Spain, offers a dynamic blend of cultural heritage, modern amenities, and a bustling lifestyle. Known for its rich history, stunning architecture, world-class museums, and lively neighbourhoods, Madrid is an attractive destination for property buyers. This guide provides an overview of key areas within Madrid to help you make an informed decision. Madrid offers a wide range of neighbourhoods, each with its unique character and appeal. Whether you seek luxury living, a vibrant cultural scene, family-friendly environments, or affordable housing, Madrid has something to offer every property buyer. Consider your lifestyle preferences, budget, and long-term goals when choosing the perfect area in this dynamic city.

Central Madrid

Salamanca

• Overview: Salamanca is an upscale neighbourhood known for its luxury shopping, fine dining, and elegant architecture.
• Property Types: High-end apartments and refurbished historic buildings.
• Amenities: Exclusive boutiques, gourmet restaurants, and proximity to Retiro Park.
• Price Range: €6,000 to €10,000 per square meter.

Chamberí

• Overview: A traditional yet trendy area with a mix of classic and contemporary styles.
• Property Types: Spacious apartments, often in early 20th-century buildings
• Amenities: Charming squares, local markets, and excellent schools.
• Price Range: €4,000 to €7,000 per square meter.

Chueca

• Overview: Known for its vibrant nightlife and LGBTQ+ friendly atmosphere.
• Property Types: Modern apartments and stylish lofts.
• Amenities: Lively bars, unique shops, and cultural events.
• Price Range: €4,500 to €7,500 per square meter.

Malasaña

• Overview: A bohemian district popular with young professionals and creatives.
• Property Types: Trendy apartments and refurbished lofts.
• Amenities: Independent boutiques, hip cafes, and vintage shops.
• Price Range: €4,000 to €6,500 per square meter.

Northern Madrid

Chamartín

• Overview: A business-oriented area with residential appeal, housing many corporate offices.
• Property Types: Modern high-rise apartments and luxury flats.
• Amenities: International schools, sports facilities, and large parks.
• Price Range: €5,000 to €8,000 per square meter.

Tetuan

• Overview: A diverse and multicultural neighbourhood with a mix of residential and commercial areas.
• Property Types: Affordable apartments and new developments.
• Amenities: Variety of ethnic restaurants, local markets, and proximity to business districts.
• Price Range: €3,000 to €5,500 per square meter.

Southern Madrid

Arganzuela

• Overview: A growing area with significant redevelopment projects, attracting young families.
• Property Types: Modern apartments and new-build complexes.
• Amenities: Madrid Río Park, cultural centers, and family-friendly services.
• Price Range: €3,500 to €6,000 per square meter.

Carabanchel

• Overview: A traditional working-class neighbourhood experiencing revitalisation.
• Property Types: Affordable apartments and townhouses.
• Amenities: Local markets, parks, and a strong sense of community.
• Price Range: €2,500 to €4,500 per square meter.

Western Madrid

Moncloa-Aravaca

• Overview: A prestigious area popular with expatriates and affluent families.
• Property Types: Large villas, upscale apartments, and luxurious estates.
• Amenities: Excellent schools, green spaces, and proximity to the city center.
• Price Range: €5,000 to €9,000 per square meter.

Latina

• Overview: Known for its historic charm and traditional Spanish lifestyle.
• Property Types: Charming apartments and historic buildings.
• Amenities: Traditional tapas bars, weekly markets, and cultural landmarks.
• Price Range: €3,000 to €5,500 per square meter.

Eastern Madrid

Retiro

• Overview: Named after the famous Retiro Park, this area is peaceful and family-friendly.
• Property Types: Elegant apartments and historic buildings.
• Amenities: Proximity to the park, cultural institutions, and high-quality schools.
• Price Range: €4,500 to €7,500 per square meter.

Moratalaz

• Overview: A residential district known for its affordability and green spaces.
• Property Types: Affordable apartments and family homes.
• Amenities: Parks, local markets, and community centers.
• Price Range: €2,500 to €4,000 per square meter.