Data updated on 29 August 2026Data updated: 29 Aug 2026

For sale Flat

Retiro · Madrid · Madrid

Bare ownership flat near Retiro

€259,900 4,641 €/m²

56 m² flat with two bedrooms and one bathroom on the fourth floor of a 1927 building in Retiro. Includes lift, heating, air conditioning and built-in wardrobes.

Estimated monthly account

Rental income+€784/month

Mortgage 80% · 25 years · Euribor 2.86%−€971/month

Costs IBI, service charge, allowance · estimated−€28/month

Net cash flow −€215/month

Estimated up-front investment €80,569 · 20% deposit + 11% purchase costs

On Inmoblia since 29 August 2026 · Published by Mas Vida

The property

Specifications

What the advert says about the property: floor area, layout, condition and registry details.

Some advert data is uncertain

We show the source-reported value for context, but exclude it from calculations until the conflicting evidence is resolved.

Type: Flat
Built area: 56 m²
Bedrooms: 2
Bathrooms: 1
Floor: cuarta
Year built: 1927
Transaction type: Bare ownership

Fittings

Fittings and extras

What the property comes with and how much each item weighs in the “Property data” sub-score.

Lift +3
Heating +3
Air conditioning +3

The advert also mentions:

Emblematic building
Open-plan kitchen and living-dining room
Near Retiro Park and Atocha
Nearby metro and bus services
Negotiable price
Buyer pays transaction costs except municipal capital gains tax
Professional fee of 3% plus VAT excluded

Free text we could not normalise into a comparable attribute, so it does not score.

How these values score

Municipal momentum

Where the local market is heading.

Rent price index

INE · 2011 base = 100 · yearly

+3.6% interanual

Housing transactions

MIVAU · deals per year

−7.1% interanual

Investment guide for Madrid

Municipal demand

The structural depth of demand in the area.

6 yearsPurchase affordability

median 8.1 years years of household income to pay for the home (€43,646/year)

22%Rent burden

median 33% annual rent as a share of household income · healthy below 30%

27.6 yearsPrice / Rent (PER)

median 27.7 years years of rent to pay off the purchase · lower is cheaper relative to its rent

+1.3%Rent trajectory

0 = flat average annual growth of the municipal rent index (INE)

5%Unemployment rate (approx.)

median 10% unemployed over unemployed + social security contributors (a proxy comparable across municipalities)

+21.1‰Net migration

median 12‰ arrivals minus departures from abroad per 1,000 residents · a growing population sustains demand

Registered unemployment

SEPE · yearly average

−1.5% interanual

Average gross income

AEAT · annual tax return

+1.6% interanual

Registered population

INE · yearly population register

0.0% interanual

Net international migration

INE · immigration − emigration · yearly

−28.8% interanual

Recorded offences

Ministry of the Interior · cumulative

+77.7% interanual

Recorded offences (municipalities over 20,000 residents only, from 2024) are territorial context: they do not label an area “safe” or “unsafe”, nor do they measure tenant risk.

Comparables

Similar properties nearby

Real references of the same municipality and type, to cross-check rent and price. They are not necessarily active offers.

They let for… They sell for…

They let for…

Comparable rentals in Madrid, including those already let.

They sell for…

Comparable sales in Madrid, including those already sold.

This is a shortlisting pass over the advert's data, not a due diligence report. Before deciding, check the points we cannot verify from here:

Possession: that it is vacant, with no squatters and no tenants on a live contract.
If it is let, the current rent, the type of contract and its expiry date.
The real state of repair and services (possible hidden renovation work) and a valid energy certificate.
The real service charge and, above all, whether any special levies are approved or pending: they appear in the minutes of the last owners' meetings.
The property's actual IBI: our figure is an estimate from the municipality's cadastral values, not the specific bill.
Charges, mortgages, seizures or easements in the Land Registry extract.