The Retiro district and particularly the Jerónimos neighbourhood has experienced a notable revaluation over the past five years, exceeding 50%, driven by a powerful combination of factors. It enjoys a prime location, adjacent to El Retiro Park, the Paseo del Prado and some of the city’s most important museums. It is a central area, yet with a distinctly residential and calm atmosphere.

Another factor behind its sustained growth is the limited supply: as a small and highly consolidated neighbourhood, there is very little housing turnover and extremely limited new development. This scarcity automatically increases the value of any asset that comes onto the market. Its architectural quality is another defining feature that makes the area one of the most sought-after, with buildings in Jerónimos typically characterised by classical façades, grand entrance halls and features highly prized in the prime segment.

All of this has positioned Jerónimos as one of the most coveted areas within Madrid’s prime residential market, with strong demand from both domestic and international buyers and significant potential for further value growth.