Salamanca

Madrid's classic prime district: elegant period buildings, the finest shopping, and the Retiro on its doorstep.

Photo: Eduardo Rodríguez / Unsplash

40,086Home sales, last 12 months · Madrid
€5,418/m²Appraised value, Q2 2026

The grand apartment

Shops and restaurants on foot

Central and green

About Salamanca

Madrid's classic prime address.

Salamanca is Madrid's classic prime district: wide, orderly streets, elegant period buildings, the city's finest shopping and some of its best restaurants, with the Retiro park on its doorstep. Buyers here are looking for a grand apartment at a central, prestigious address, often in a classic building with high ceilings and balconies.

  • Terraces and restaurants on quiet streets.
  • Serrano and the city's finest shopping.
  • The Retiro at the end of the street.
  • Galleries and the great museums close by.
  • Classic buildings with balconies and high ceilings.

Why invest in Salamanca

Classic balconies on a Madrid building

The grand apartment

Classic buildings with high ceilings, tall windows and balconies define the district, and they are rarely replaced.

The Puerta de Alcalá, Madrid

Shops and restaurants on foot

Serrano, Ortega y Gasset and the streets around them hold the city's finest shopping and dining.

The Palacio de Cibeles, Madrid

Central and green

The Retiro, the Paseo de la Castellana and the museums are all a short walk away.

A courtyard terrace at dusk in Madrid

Life in Salamanca

Shopping on Serrano, lunch on a terrace, a walk in the Retiro.

Neighbourhoods

Madrid, area by area.

The Metropolis building on Gran Vía, Madrid

Madrid

The capital

Boats on the lake in Retiro Park, Madrid

Retiro

Beside the park

A street of classic apartment buildings, Madrid

Chamberí

Much-loved and central

People walking past red-brick buildings, Madrid

Justicia

Chueca and Salesas

The Royal Palace of Madrid

Centro

Historic Madrid

Central Madrid from the air

Chamartín

Quiet, well connected

A tree-lined avenue with statues in Madrid

El Viso

Houses and gardens

Green hills on the edge of Madrid

La Moraleja

Space and privacy

A park in Madrid from the air

Pozuelo de Alarcón

Family houses, west

Green hills on the edge of Madrid

Aravaca

Green and calm

Residences

Our Salamanca selection.

We are building our Madrid portfolio. Tell us what you are looking for and an advisor will be in touch with what is genuinely available, including homes that are never advertised.

Market report

Salamanca market report.

Official figures for the municipality of Madrid: how many homes sold over the last year, and what they were valued at per square metre.

Official data · Madrid

40,086

Home sales signed before a notary, last 12 months

€5,418/m²

Appraised value per m², Q2 2026

−13.1%

Sales, change on a year earlier

+9.4%

Value per m², change on a year earlier

Sources: Ministerio de Vivienda y Agenda Urbana, Transacciones inmobiliarias (home sales from notarial deeds), table 2, and Valor tasado de la vivienda (free-market homes, all ages), table 4, for the municipality of Madrid. Last 12 months: Q3 2025 to Q2 2026; changes compare with Q3 2024 to Q2 2025 and Q2 2025. Q2 2026 figures are provisional. Figures are for the city of Madrid as a whole; district figures are not published.

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Photographs: Adrián Valverde, Alejandro Hikari, Eduardo Rodríguez, Kristijan Arsov, Pablo Arroyo, Yanhao Fang, via Unsplash.

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