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This is the cheapest neighborhood in the Salamanca district to buy an apartment in Madrid

The constant house price increase In recent years it has meant that many families and people with less income cannot buy a new house or access a mortgage. As revealed by the last Idealista report which analyzes the data collected until last October, the price per square meter in Spain it has increased by 9.6%remaining at 2,209 euros on average. In the Community of Madridthis figure is much higher and amounts to 3,638 euros after a 15.4% increase compared to last year.



This is the cheapest neighborhood in the Salamanca district to buy an apartment in Madrid

The cheapest neighborhood in the Salamanca district

Although in the city of Madrid The price per square meter is quite high and reaches 4,830 euros On average, within the capital there are some districts that are more affordable and have lower land values. This is the case of Villaverde, whose cost of €2,167/m2 makes it the cheapest part of the municipality. However, the district of Salamanca is placed on the other side of the scale and It is the most expensive, with €8,458/m2and in which the price has increased the most, with an increase of 23.9% compared to 2023.

Within the district of Salamanca there is a great disparity in terms of housing. In Recoletoswhich is its most expensive area, the price is around €10,345/m2 on average, while in Fuente del Berro, the cheapest neighborhood in Salamancathis one is almost half price: €5,677/m2. Furthermore, it is worth noting that it is one of the neighborhoods in which the cost has increased the least, since it has increased by 13.9%.

Fuente del Berro, apart from being the cheapest, borders some emblematic areas of the capital, such as Alcalá street or Doctor Esquerdo street. In this neighborhood you can find small semi-detached chalets that were built during the 20th century and have important natural spaces, such as the Quinta de la Fuente del Berro Parklocated in the eastern part of the neighborhood and which has an area of ​​more than 13 hectares.

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