Neighbourhood Report
Madrid — Centro
Comunidad de Madrid · 28012, 28013, 28014. Where Madrid starts. A mixed-use micro-city with tapas bars below your flat and the Prado 12 minutes away. Strong long-let yields; short-let heavily regulated.
Overall Score
7.2/10
Investment7/10
Connectivity10/10
Livability7/10
Family5/10
Future Growth8/10
Value for Money6/10
Investment & Pricing
Price / m²
€4600–€6200
Total Price Range
€240k – €1800k
YoY Price Change
+8.4%
Transactions / yr
3,280
Rental Yield
4.4%–5.6%
Service Charge /m²/yr
€10–€22
Demand
Very High
3-Yr Appreciation Est.
+18%
Schools & Safety
Colegio Escuelas Pías
Primary
IES San Isidro
Secondary
Crime vs national avg+22% higher
Transport & Location
Transport Score10/10
TfL ZoneAll major lines
Commute to Central London0 min
Links
Sol / Gran Vía hubCercanías Sol10+ bus lines
Amenities
Plaza MayorGran Vía theatresMercado San MiguelTeatro Real
Strengths
- Tourist-yield adjacent to residential
- Historic building stock at attainable price
- Literally every transport line
Weaknesses
- VUT (tourist let) restrictions tightening
- Street noise is real
- Parking is a fantasy
Compared to Spain Average
Price/m²
+116%
vs Spain avg €2500
Yield
-1.1pp
vs Spain avg 6.1%
YoY Growth
+1.0pp
vs Spain avg 7.4%
Transport
10/10
vs Spain avg 5.8
Data updated April 2026