Français
English
Step 1 of 12
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Property in Madrid
Dreaming of buying property in Madrid? As Spain's cultural and economic capital, Madrid appeals with its energy, efficient transport network and lively social scene. For a pied-à-terre, a main home or an investment, the Madrid market offers real opportunities. Finding the right property and securing the purchase from abroad can seem complex, though. That is why local, English-speaking support is essential: our dedicated Madrid office guides you through every step, from the search to the signing, so you can complete your project with peace of mind.
4.8/5
from 1,303 Google reviews
Our local office
in Madrid
+1,500
projects supported
Leader
since 2017
Why invest in property in Madrid?
Madrid combines a dynamic capital, varied districts, complete infrastructure and a solid property market all year round.
Support from English-speaking experts
Choose support from a team of English-speaking experts based in the heart of Madrid, in the Salamanca district. Our advisers know the local market, the sought-after districts and the legal and administrative specifics of buying in Spain. They support you during viewings, negotiations and preparing your file, explaining every step in English to secure your purchase. This personal follow-up makes things easier from abroad and reduces the risk of mistakes, while saving you time in finding a property that matches your criteria.
Reasonable prices for a capital
Despite being a capital, Madrid offers property at reasonable prices compared with other major European cities. This opens up options for different kinds of buyer, from first-time buyers to families and investors looking for a safe long-term asset. With local expertise, you will identify the districts that offer the best balance between quality of life and potential for growth. Careful market analysis and the right negotiation help you make the most of your purchase, without any financial promises, so you can make calm, informed decisions.
An attractive and dynamic capital
Madrid is a lively and attractive city, known for its rich cultural scene, museums, nightlife and renowned food. Students, professionals and expats create steady demand for all types of homes and keep the districts lively all year round. Buying in Madrid means joining a dynamic city where leisure, culture and services come together, good both for quality of life and for a variety of uses. For a main home, a pied-à-terre or a rental property, Madrid offers a welcoming and stimulating setting.
Places we cover from our Madrid office
Our solutions for your property project in Spain
Every journey is unique. So is every goal. That is why we offer two packages to suit your needs: full purchase support, from the search to the signing, or legal due diligence on a property you have already found.
Madrid in figures
€6,547/m²
average asking price per m²
Idealista, July 2026
3,506,730
inhabitants
INE, 2025
15.8 °C
average annual temperature
Open-Meteo, 2024
+14.2%
house prices over one year
INE, IPV Community of Madrid, 2025
Property prices in Madrid: the districts to buy in
Retiro (district around El Retiro park)
The area around El Retiro park is especially sought after for its direct access to green space, its walks and its relaxed atmosphere, while remaining very central. Ideal for families and buyers looking for quality of life, it offers schools, services and good transport links. The mix of classic buildings and renovated flats attracts those who want a peaceful setting close to the museums and Madrid's main avenues.
Chamberí
Chamberí is a central, residential district, popular for its mix of traditional architecture and neighbourhood cafés. It offers lively yet calm neighbourhood life, with good schools, local shops and easy metro connections. Suits buyers who want to be close to the centre without the tourist bustle, and appeals strongly to professionals, families and remote workers looking for quality of life and good links to business districts.
Salamanca (Barrio de Salamanca)
The Salamanca district is Madrid's most elegant area, known for its upmarket shops, high-end buildings and wide streets. Ideal for those looking for a safe setting, premium services and international schools nearby. Well served by metro and bus, it is very central, with easy access to the historic centre and business districts, while keeping a refined residential feel.
What types of property can you find in Madrid?
Chalet / detached house
Detached houses or chalets on the outskirts of Madrid, with gardens and more privacy, suited to families looking for space and calm.
Ático (penthouse)
Top-floor home with a terrace and views, sought after for city-centre living and private outdoor space in an urban setting.
Apartment
A wide range of homes, from studios to large family flats, often in classic or recent buildings, suited to city life and long-term letting.
The latest properties found for our clients
Found in 45 days
Villa
-
La Vall d’Aigües Vives
Superb contemporary villa with pool and 4 bedrooms
€559,000
Found in 12 days
Villa
-
Pedreguer
Stunning villa with pool near Alicante
€360,000
Found in 20 days
Apartment
-
El Campello
Renovated apartment just 6 minutes from the beach
€219,900
Our resources to help you understand everything
Access practical guides and essential tools to master every step of your property project in Spain.
Buying guide
Discover every step of buying in Spain, from choosing the area to signing at the notary, including legal obligations and the costs to expect.
1,500+ property projects since 2017
Read how our clients bought their home in Spain.
Contact our nearest office
Calle Velázquez, 27, 1 Derecha, Salamanca, 28001 Madrid, Spain
madrid@alveo.co
+34 911 23 20 44
Frequently asked questions about property in Madrid
Can a foreign buyer purchase property in Madrid?
+
Yes. Spain places no nationality restrictions on buying property. You do, however, need an NIE, the foreigner identification number, which is required to sign at the notary's and to open a Spanish bank account. We handle this step as part of our support.
What costs should you budget for on top of the property price?
+
As a rule, allow 10 to 15% of the asking price. This covers transfer tax (ITP) for a resale property or VAT for a new build, notary fees, land registry registration and administrative costs. Our online buying costs calculator gives a detailed estimate by region and type of property.
Do you need to be there in person to buy in Madrid?
+
No. Many of our clients buy from abroad. Viewings can be done by video call with a written report, and signing at the notary's is possible with a power of attorney. On site, we check what photos do not show: the real condition, the immediate surroundings, any nuisances, compliance.
What checks do you carry out before an offer?
+
We check the property's legal status at the land registry, that there are no debts or unpaid charges, planning compliance, the state of the community of owners and whether the price is consistent with recent sales in the area. These checks take place before any offer, not after.
How long does it take to buy property in Madrid?
+
From the first viewing to signing, it generally takes two to four months. The timing depends mainly on getting the NIE, any financing and the notary's availability. A cash purchase with a complete file can go faster.
© 2026 Alveo. All rights reserved