A vibrant and upscale area, Salamanca (prime) has both historic and cultural attractions, plus a lively nightlife. Fashionable since the 1860s, Salamanca is inundated with luxury apartments - definitely a classic place to buy investment property. It has many high fashion stores, particularly in its northeast side around Calle Serrano. There are also some museums, such as the Museo Lázaro Galdiano.

Salamanca takes its name from the Marques de Salamanca, who developed the district in the mid-19th century. The nobleman's home, the Palacio del Marques de Salamanca, stands here to this day and is now the headquarters of the BBVA Group.

Traffic and parking are not a problem.  Salamanca has easy underground (subway) access and is close to the city's main thoroughfare, Paseo de la Castellana.

Key residential areas
Goya, Recoletos, Castellana, Santiago Bernabeu


Traversing Madrid’s most upscale district, Goya has many shops and malls catering to its middle- and high-income residents. There’s a major branch of the El Corte Inglés department store here.

Goya is a tranquil area. The nightlife isn’t anything special, but there are many bars and restaurants and cinemas. Goya is easily accessible by underground (subway) and parking is decent.


Paseo de Recoletos is on a brief stretch of Madrid’s north-south main highway, bridging Plaza de Colon and Plaza de las Cibeles. Along Recoletos are found the National Library and the Gran Café de Gijón. Antique book fairs are frequently held in this cozy, intimate area.


Taking up a long stretch of the main highway in Madrid, Paseo de la Castellana extends from Plaza Castilla to Plaza de Colon. In this modern area are found the AZCA business center, as well as some fine hotels and restaurants.

Santiago Bernabeu

Santiago Bernabeu, a quiet, predominantly middle and high-income district north of Centro, has wide streets, and buildings mostly three or four stories high. This is where El Santiago Bernabeu, Madrid’s main football stadium, is located. There are restaurants and nightclubs, as well. Parking is not difficult.