CHAMBERÍ: THE EPICENTRE OF LUXURY IN MADRID
06 May 2024
- New build housing in Madrid with prices exceeding 10,870€/m2.
- More than 100 new-build homes in Chamberí.
- A new luxury destination attracting a diverse range of buyer profiles
In the heart of the Spanish capital, Chamberí is emerging as an oasis of luxury and exclusivity, attracting both international investors and discerning residents in search of a distinguished lifestyle. With a focus on quality, design and prime location, Chamberí is establishing itself as the epicentre of luxury in Madrid, offering new-build homes in excess of one million euros in a setting that combines historic charm with urban modernity.
The transformation of the city's urban landscape is clearly influenced by the arrival of luxury in Chamberí. Eight real estate developers are leading the marketing in the area, with projects such as the following standing out Alonso Cano 68, Activum; Be Grand Santa Engracia, Be Grand; Blanca de Navarra, Grupo Rosales; 65 Santa Engracia, Colliers; Francisco de Ricci 13, zmer; San Bernardo 126, Colliers; Almagro Residences, Darya Homes; and Canal BM 65, Impulsa Proyectos Inmobiliarios.. These developments not only offer high-end housing, but also contribute to the revitalisation and modernisation of the neighbourhood.
According to a study by Activum Real EstateThese developments represent a standard of luxury in Chamberí, with an average price per square metre of over €10,870.. This value reflects the high demand and exclusivity that characterises this booming area.
Prices of the three-bedroom flat in Chamberí
According to data obtained by Activum Real Estate, it has approximately more than 100 new-build properties available in this area with an average price of 1.785.564€ for three-bedroom properties.. Specifically, the average prices of three-bedroom homes currently in stock are as follows:
- Alonso Cano 68, Activum: €1.293.750
- Be Grand Santa Engracia, Be Grand: 2.173.000€.
- 65 Santa Engracia, Colliers: €1.780.000
- Franscisco de Ricci 13, Azmer: 1.295.000€.
- Almagro Residences, Darya Homes: 1.870.000€.
- Canal BM 65, Impulsa Proyectos Inmobiliarios: 2.222.000€.
This new reality confirms how Chamberí has become a destination for both investors and those looking for a home that reflects their lifestyle. The demand for property in this area is constantly growing, driven by its strategic location, cultural offerings and first-class services.
Offer of resale properties in Chamberí
In addition to the boom in new-build housing, Chamberí also offers a wide range of options in the second-hand market. With a average price per square metre of 7.553€.the 1,096 dwellings available in this category provide opportunities for those looking to settle in this emblematic Madrid neighbourhood.
Among these dwellings, there is a total 587 dwellings available with prices ranging from from 240.000€ for a two-bedroom property up to 1.775.000€, and from 280.000€ for a three-bedroom property up to 3.990.000€.. This diversity of options reflects the heterogeneity of the Chamberí real estate market and its ability to meet the needs of a wide range of potential buyers.
Residents and investors find in Chamberí a unique place that combines history, culture and modernity in the heart of Madrid. With its variety of offerings and unrivalled atmosphere, Chamberí continues to consolidate itself as an epicentre of luxury and exclusivity in the Spanish capital.
