Salamanca, Madrid: homes and neighborhood guide

Six, according to Madrid City Council: Recoletos, Goya, Fuente del Berro, Guindalera, Lista and Castellana. When people talk about the Salamanca district they usually mean the grid of streets of Recoletos, Goya, Lista and Castellana, while Fuente del Berro and Guindalera, to the east, are more residential. We have our own guides to Goya and Castellana, in Spanish.

In 2025 the average price declared in title deeds in the Salamanca district was about €9,406 per square metre, according to Spain’s land registrars, with large differences between neighbourhoods: about €14,109 in Recoletos, €11,685 in Castellana, €10,067 in Lista, €9,639 in Goya, €7,599 in Fuente del Berro and €6,722 in Guindalera. For your own home, ask us for our view.

It depends on what you are looking for. For shops and street life, the area around Serrano, Goya and Ortega y Gasset; for stately buildings and calm, the streets of Recoletos and Castellana; for something more residential and better priced, Fuente del Berro and Guindalera. The best approach is to walk each area at different times of day before deciding.

For anyone looking for a central neighbourhood with shops, fine buildings and services within walking distance, yes: that is why it is one of the most expensive in the city. In return, prices are high and some streets are very busy. If noise concerns you, look carefully at which way the apartment faces and whether it overlooks the street or a courtyard.