Living in Chamartín, Madrid (2026)
A well-off residential district north of Salamanca: large flats, embassies, the Bernabéu and the business district.
What does it cost to live in Chamartín? The key numbers
| Chamartín | Figure | Source |
|---|---|---|
| One-bed (60 m²), asking rent | 1,280 to 1,560 EUR a month | idealista price report, Chamartín district average, September 2026 |
| Three-bed (100 m²), asking rent | 2,130 to 2,610 EUR a month | idealista price report, Chamartín district average, September 2026 |
| Median declared rent, all sizes | 1,126 EUR a month (17.1 EUR/m²) | SERPAVI, the Ministry of Housing rent index, 2024, Chamartín district median |
| Room in a shared flat | about 550 EUR a month (city-wide) | idealista room-rental report, Q2 2026 |
| Buying, asking price | 8,074 EUR/m² | Fotocasa price index, September 2026 |
| Public transport | Metro L9 (Colombia, Concha Espina), L10 (Santiago Bernabéu), L4 (Prosperidad), L1 and L10 (Chamartín); Cercanías and high-speed trains at Chamartín | Metro de Madrid and Cercanías network maps |
| To Puerta del Sol | 15-25 min by public transport | Our estimate from Metro de Madrid and Cercanías timetables |
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What is it like to live in Chamartín?
Chamartín is where many foreign executives and their families land: calm streets, larger flats, El Viso's houses and embassies, and the offices of the Castellana and Nuevos Ministerios a short walk away. Residents are families, professionals and diplomats. It feels residential and corporate rather than lively.
The catch: Expensive, more corporate than lively, and match days at the Bernabéu bring crowds and traffic.
Who is Chamartín for?
Choose Chamartín if
- You are moving with children for a corporate job
- You work on the Castellana
- You want calm streets and bigger flats
Look elsewhere if
- You want nightlife and old streets
- You are budget-focused
How much is rent in Chamartín in 2026?
A one-bedroom flat in Chamartín is advertised at about 1,280 to 1,560 EUR a month, and a three-bedroom at about 2,130 to 2,610 EUR. That is 23.7 EUR per square metre (idealista price report, Chamartín district average, September 2026) on a 60 m² and a 100 m² flat, plus or minus 10%.
The official figure is lower: the median rent landlords declared to the tax office for 2024 in the Chamartín district was 1,126 EUR a month, or 17.1 EUR per square metre (SERPAVI, the Ministry of Housing rent index, 2024, Chamartín district median), the 5th highest of the 18 places we compare. It is far below the asking price because it covers every tenancy declared for 2024, including people who moved in years ago, and Madrid asking rents have risen since. Arriving now, budget against the asking price.
A room in a shared flat costs about 550 EUR a month across Madrid (idealista room-rental report, Q2 2026).
Is rent capped in Chamartín?
No. As of October 2026, Madrid is not a declared stressed housing market ("zona tensionada"): the power to declare one lies with the Comunidad de Madrid, which has declared none anywhere in the region and says it will not, so the caps on new contracts in the state housing law, Ley 12/2023, do not apply here.
A landlord can set the starting rent freely. Once you have signed, the yearly increase is limited: for contracts signed since 26 May 2023 it follows the INE's rental index (IRAV), not inflation, and only once a year on the contract anniversary.
How much does it cost to buy in Chamartín?
Homes in Chamartín are advertised at about 8,074 EUR per square metre (Fotocasa price index, September 2026), the 7th most expensive of the 18 places we compare. On the same benchmark sizes:
- One bedroom, 60 m²: 436,000 to 533,000 EUR
- Three bedrooms, 100 m²: 727,000 to 888,000 EUR
That figure covers the Chamartín district.
What do you pay on top of the price when buying in Chamartín?
Budget roughly 6.4% to 7.1% on top of the price. On a typical 808,000 EUR three-bedroom flat in Chamartín that is about 48,000 EUR of ITP plus 3,400 to 9,050 EUR in fees, before any mortgage.
Buying a resale home in the Comunidad de Madrid carries a transfer tax, ITP, of 6% of the price, one of the lowest rates in Spain, under Decreto Legislativo 1/2010 of the Comunidad de Madrid (Comunidad de Madrid tax office, October 2026). A main home costing up to 250,000 EUR gets a 10% discount on the tax, so 5.4% in practice, and large families buying a main home pay 4%. Most homes on these pages cost more than 250,000 EUR. A new build pays no ITP: it pays IVA at 10% plus AJD at 0.75%. On top come notary, land registry, gestoría and a lawyer.
On a 808,000 EUR three-bedroom flat in Chamartín, the middle of the band above:
- ITP: about 48,000 EUR
- Notary, registry, gestoría and a lawyer: roughly 3,400 to 9,050 EUR
- Buying outright: about 859,000 EUR in total
- With a non-resident mortgage at 70%: about 294,000 EUR of your own money
So the costs on top come to roughly 6.4% to 7.1% of the price. Non-resident lenders generally lend 60–70% of value.
The tax is self-assessed on form 600 with the Comunidad de Madrid within 30 working days of the deed. Rates checked October 2026. This is market information and not tax, legal or financial advice. Confirm anything here with a lawyer before you sign.
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How do you get around from Chamartín?
Chamartín has metro L9 at Colombia and Concha Espina, L10 at Santiago Bernabéu, L4 at Prosperidad and Chamartín station, with Cercanías and high-speed trains. Nuevos Ministerios, the business hub, is next door; Puerta del Sol is 15 to 25 minutes away.
No. Chamartín works entirely without a car: metro, bus and bike cover daily life, and parking would cost you more than it saves.
Is Chamartín good for families?
Yes. Chamartín is one of the areas families actually choose. Green space: a park or two. Noise: calm most of the time.
International schools nearby: the Lycée Français (Conde de Orgaz, 15 to 20 minutes) and Runnymede College in La Moraleja (about 20 minutes by car).
Can you live in Chamartín in English?
Easily. Chamartín has one of the largest international populations in Madrid and you will hear English every day. Bureaucracy and contracts still run in Spanish.
How does Chamartín compare with Tetuán?
Two districts side by side along the Castellana, north of the centre: one upmarket and corporate, one mixed and cheaper.
| Area | One-bed asking, EUR/month | Median declared rent 2024, EUR/month | Buy, EUR/m² | Minutes to Sol | Best for |
|---|---|---|---|---|---|
| Chamartín | 1,280 to 1,560 | 1,126 | 8,074 | 15-25 | Families, embassies, business district |
| Tetuán | 1,240 to 1,510 | 875 | 6,036 | 15-25 | Value next to Chamberí |
Asking rent: idealista price report, September 2026, district averages inside the city; for the towns idealista or Fotocasa, whichever we could read, named on each town's page. Declared rent: SERPAVI, the Ministry of Housing rent index, 2024 tax returns. Sale: Fotocasa price index, September 2026. Minutes: our estimate, door to Puerta del Sol by public transport. Exact source and date for each figure are on each area's page.
Chamartín or Tetuán?
Neighbours across the Castellana. Chamartín has bigger flats, calm streets, embassies and the schools families want, at 8,074 EUR/m2 to buy; Tetuán is denser, more mixed and more local, at 6,036 EUR/m2, with L1 straight to Sol. Living in Tetuán →
What should you know before moving to Chamartín?
- Asking rent reached a record 23.7 EUR/m2 in September 2026. (idealista)
- The Santiago Bernabéu stadium, home of Real Madrid, is in the district's Hispanoamérica barrio. (Real Madrid CF)
- The median declared rent for 2024 was 1,126 EUR a month for a 68 m2 flat. (SERPAVI)
How does Chamartín rate on noise, transport, space and the rest?
The same twelve measures on all 18 Madrid pages, so two can be read side by side. Our own ratings, not official statistics.
| Getting around without a car | Entirely livable without a car |
|---|---|
| How central it is | Outside the centre but connected to it |
| Noise | Calm most of the time |
| Going out in the evening | A handful of local bars |
| Green space | A park or two |
| The sea | No beach |
| With children | Built around families |
| English and the international crowd | English on every street |
| Space for your money | Ordinary value for Madrid |
| Parking | Parking is a daily problem |
| What you would be renting | Mixed and newer apartments |
| The buildings | A mix of old blocks and newer infill |
Where can you read news about Chamartín in English?
Madrid Expat Daily summarises Madrid's local press in English every day: rent rules, transport changes, works and closures, and what is on in each barrio. Read today's edition, or get it by email for free below.
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