Madrid Property Prices, Rents & Rental Yields

About Madrid

Madrid, the capital of Spain and the heart of Madrid province, combines major employment, culture, and transport links with a deep stock of apartments across established central districts and newer residential areas. For property investors, that breadth keeps the city firmly on the radar.

July 2026 shows the clearest signal in apartments: pricing is still moving higher, while income growth is steadier. The average sale price reached €485,000, up 2.1% on the month and 7.8% over the year, while the average price per square metre rose to €5,710, also up 2.1% month on month and 11.6% year on year. By contrast, the average rent held at €1,800 month on month, even though it is up 9.1% year on year.

That combination leaves a more nuanced investment picture. The gross yield stands at 5.23%, which suggests returns remain present, but the pace of capital growth is faster than rent growth at the moment. For buyers assessing Madrid in July 2026, the main tension is clear: apartment values continue to advance, yet rental pricing has paused for the month, making the balance between entry price and income the key point to watch.