Centro · Madrid

Rental yield in Centro, by neighbourhood

Centro is a district of Madrid with 6 neighbourhoods, a median sale price of €7,199/m² (50% above the city median) and a median Total Return (IRR) of 9.5% against 9.8% for Madrid. Here are its neighbourhoods ranked by yield, each with its own page.

Updated September 2026 · official data

The median rent is €25.0/m² per month and the median gross yield 4.2% (city: 4.7%). Prices run from €6,045/m² in Embajadores to €9,544/m² in Justicia. The highest yields are in Embajadores (4.9%), Universidad (4.4%) and Palacio (4.2%).

Asking prices in Centro have grown by 5.9% a year on average over the last 10 and 15 years (idealista, December 2025): historical, not a forecast. Each neighbourhood page shows a typical flat computed with CasaROI's standard assumptions (70% mortgage, sale after 10 years) and its rank in the district and the city.

All 6 neighbourhoods, by gross yield

AreaSale €/m²Rent €/m²GrossIRR
Embajadores6,04524.64.9%10.5%
Universidad7,15026.14.4%9.8%
Palacio6,95524.44.2%9.5%
Cortes7,24725.14.2%9.4%
Sol7,72624.83.9%8.9%
Justicia9,54428.03.5%8.4%

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How we calculate the Total Return →