Buying an apartment in Madrid: Analysis of prices in the upper area

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The upper area of ​​Madrid is synonymous with Glamor and high standing. If buying a flat in Madrid is already expensive, purchasing a home in the top areas of the city is within the reach of a few. Large avenues, museums and galleries, monuments, public buildings and beautiful facades dating from the 19th century make the central area of ​​Madrid the most exclusive in the city .

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Buy apartments in Madrid Centro, the scanner
If we scan the map of Madrid from the air, we will agree that the most central districts of the capital are the following: Centro , Arganzuela , Retiro , Salamanca , Chamartín , Tetuán and Chamberí . In each and every one of these districts, the average price per square meter exceeds the Madrid average , which in the first quarter of 2019 stood at €3,239.6/m2 according to INE sources.

Only 2 of the 3 districts, Tetuán and Arganzuela , are below €4,000/m2 . The average price per square meter in Retiro is €4,100, in Chamartín €4,400, in Chamberí €4,700 and in Salamanca €5,100.

The most economical of the least economical Districts
Of the 7 districts named, the most economical of all of them is Tetouan . It is the Romania Mobile Number List one that is located furthest north of all of them and the housing prices of the neighborhoods that make it up are very variable . The district is made up of 6 neighborhoods, of which 3 of them do not exceed €3000/m2 on average. Almenara, Bellas Vistas and Berruguete. On the contrary, the neighborhoods of Valdeacederas and Castillejos are at €3,340/m2 and €3,800/m2 respectively.

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The honor of being the most expensive neighborhood in the cheapest district in the center of Madrid goes to Cuatro Caminos , with an average price of €4,120/m2 . Buying an apartment in Madrid, if you want to live in Cuatro Caminos, is not going to be easy.



Buy an apartment in Madrid – The most expensive district
Let's see the other side of the coin. The most expensive district of the most expensive districts in Madrid. It is the only district where the square meter exceeds €5,000 . And of course, we are talking about Salamanca . This mythical and historic district of Madrid stands out for everything. Its proximity to the Retiro Park, its services, its large avenues, the Las Ventas bullring and its buildings surrounded by luxury.

Buy an apartment in Madrid

The district is made up of 6 Barrios: Recoletos , Castellana , Lista , Goya , La Guindalera and Fuente del Berro . Its two cheapest neighborhoods are the last two on the list. They are the furthest from the center, but the average price per square meter does not go below €3,700. Nearby, but above €5,000 per square meter are the neighborhoods of Lista and Goya, with prices of €5,030 and €5,130 respectively.