Sale price
14.837 €/m²
Average asking price · +3,0 % year-on-year. The final price depends on the characteristics and presentation of each property.
Local property guide
Recoletos, Madrid: homes, prices and the property market
UBICASA provides sales, rental and property valuation services in Recoletos, within Barrio de Salamanca in Madrid. Find out what the residential stock is like, the current supply and the demand we are serving before selling, renting or buying.
Market overview
A local perspective for making better decisions
Recoletos sits at the most exclusive end of the market analysed. The relative scarcity of stock, the typical size of its homes and its location support high asking prices both for sale and for rent.
An average figure helps to guide you, but it does not replace the analysis of a specific property. Floor level, natural light, condition, layout, building and street can significantly affect its value.
Do you have a home in Recoletos?
We help you position it against its real competition and define a coherent marketing strategy based on its condition and location.
Request a valuationRental price
31,6 €/m²/month
Average asking price · +1,3 % year-on-year. UBICASA manages the rental with anti-non-payment guarantee at no cost to the owner.
Indicative current supply values updated in August 2026; they do not necessarily correspond to the final closing price.
What the properties are like
The residential stock of Recoletos
Recoletos has 8,954 homes. The most common sizes are from 180 to 240 m² and buildings built before 1960.
Current offer
What properties are on the market
The supply consulted includes approximately 418 homes for sale and 374 for rent. Supply changes constantly: a professional valuation should compare the property with genuinely competing homes, not just with a neighbourhood average.
What type of buyer is looking Recoletos
Demand observed by UBICASA
According to demand observed by UBICASA, Recoletos is especially attractive to families who prioritise an established location and spacious homes. There is also interest from international buyers in this prime part of Madrid.
View Client PortfolioWhat are you looking for in a property
The details that drive the decision
Buyers usually value exterior-facing floors, good natural light, generous layouts, landmark buildings, a lift and a concierge. In homes for renovation, it is especially important to understand the real potential of the layout and the cost of updating it.
Presenting these attributes well helps to set the property apart and target communication at the right buyer.
Relevant streets and areas
Reference locations in Recoletos
Within the same neighbourhood, the street, the section, the orientation and the immediate surroundings all influence how a property is perceived and valued.
- Paseo de Recoletos
- Calle Serrano
- Calle Velázquez
- Calle Jorge Juan
- Calle Alcalá
- El Retiro park area
Market evolution
How prices are moving in Recoletos
Year-on-year sale change
+3,0 % year-on-year
Year-on-year rental change
+1,3 % year-on-year
The average trend helps us understand the direction of the market, but every transaction requires assessing competing supply, active demand and the property’s specific conditions. Our aim is to avoid both a price that puts off interest and a listing price below its potential.
Property portfolio
UBICASA properties in Recoletos
Flat on Calle Príncipe de Vergara, Recoletos, Barrio de Salamanca
For saleCalle Príncipe de Vergara
3.289.000 €211 m² · 3 beds · 2 bathrooms
Flat on Calle Espartinas, Recoletos, Barrio de Salamanca
For saleCalle Espartinas
1.079.000 €47 m² · 1 beds · 1 bathrooms
Flat on Calle Nuñez De Balboa, Recoletos, Barrio de Salamanca
For saleCalle Nuñez De Balboa
1.859.000 €132 m² · 2 beds · 2 bathrooms
Local valuation
Request a valuation of your home in Recoletos
Get an initial online estimate and let our team then assess the location, condition, floor level, light and the features that make your home unique. The valuation is free and without obligation.
Value my property in RecoletosOther neighbourhoods in the Salamanca district
Tell us about your situation
A direct conversation helps us understand your property and what you want to achieve.