Madrid crossed €6,000/m².
What the headline number means, what it hides, and how to read the Madrid market without being misled by an average.
€6,013
Madrid average asking price per m²
June 2026
+6.6%
12-month asking-price increase
June 2026
Asking prices — not completed transaction prices. Transacted values are typically negotiated below the published asking price, and the gap varies by area and property.
Source: Idealista • June 2026
The Madrid Price Map
Price bands, not a single number.
An interactive district map is in development. For this edition we publish the price bands we use when reading the city, and we only display district values where we have a verified source.
€3k—€4k
Outer districts and southern Madrid
€4k—€5k
Transitional and peripheral central areas
€5k—€6k
Much of the inner ring
€6k—€8k
Established central districts
€8k+
Prime central pockets
Interactive map — coming soon
The Luma price map will show district and micro-district asking prices, 12-month change and a link into each area. We publish values only where the source is known, so the map arrives when the data does.
Explore districts →The Madrid average is almost meaningless.
Prices can change dramatically within a few Metro stops. And sometimes within the same district.
Tetuán
Indicative district asking price
~€6,147 / m²
Ventilla-Almenara
~€5,164 / m²
Cuzco-Castillejos
~€7,500 / m²
€2,300/m² difference.Same district.
Source: Idealista • June 2026
Luma take
This is why we believe Madrid should be analyzed street by street, not district by district.
Buying by budget
What can your budget unlock?
Smart entry
€250k — €400k
- Bellas Vistas
- Berruguete
- Valdeacederas
- Lavapiés / Embajadores
- Usera
- Carabanchel
- Smaller properties elsewhere
Smaller surfaces. Older buildings. More renovation opportunities. But potentially excellent locations and interesting value.
The sweet spot
€400k — €700k
- Tetuán
- Cuatro Caminos
- Prosperidad
- Pacífico
- Arganzuela
- Selected Chamberí opportunities
For many international buyers, this is where Madrid becomes particularly interesting: a strong balance between location, space, lifestyle, renovation potential and liquidity.
Prime & family
€700k+
- Chamberí
- Retiro
- Chamartín
- Salamanca
- El Viso
- Larger central apartments
Space, address and turnkey condition start to be available together — and the premium for renovated stock is real.
These are exploration ranges, not guarantees of available inventory.
The Madrid Property Buyer Guide 2026
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