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Do ground-floor flats sell slower in Madrid?

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Authored by the expert who managed and guided the team behind the Spain Property Pack

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Ground-floor flats in Madrid face significant challenges in the property market compared to higher-floor units.

These properties typically spend more time on the market, sell at substantial discounts, and attract fewer buyers due to concerns about privacy, noise, and security. The price gap between ground-floor and upper-floor flats in central Madrid is among the largest in Spain, with top-floor units commanding up to 192% higher prices than ground-floor properties.

If you want to go deeper, you can check our pack of documents related to the real estate market in Spain, based on reliable facts and data, not opinions or rumors.

How this content was created 🔎📝

At InvestRopa, we explore the Madrid real estate market every day. Our team doesn't just analyze data from a distance—we're actively engaging with local realtors, investors, and property managers in neighborhoods like Salamanca, Chamberí, and Malasaña. This hands-on approach allows us to gain a deep understanding of the market from the inside out.

These observations are originally based on what we've learned through these conversations and our observations. But it was not enough. To back them up, we also needed to rely on trusted resources

We prioritize accuracy and authority. Trends lacking solid data or expert validation were excluded.

Trustworthiness is central to our work. Every source and citation is clearly listed, ensuring transparency. A writing AI-powered tool was used solely to refine readability and engagement.

To make the information accessible, our team designed custom infographics that clarify key points. We hope you will like them! All illustrations and media were created in-house and added manually.

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Anna Siudzinska 🇵🇱

Real Estate Agent

Anna Siudzińska is a skilled business strategist and experienced manager, specializing in sales, marketing, and corporate growth. With a wealth of experience in international markets, she possesses in-depth knowledge of Madrid's real estate sector, guiding clients toward profitable investments and market advantages.

How much longer do ground-floor flats take to sell in Madrid compared to higher floors?

Ground-floor flats in Madrid typically remain on the market 15-25% longer than higher-floor units.

As of September 2025, market data shows ground-floor properties in central Madrid districts like Salamanca and Chamberí spend an average of 4-6 months on the market, while comparable higher-floor flats sell within 3-4 months. The extended selling period reflects lower buyer demand due to privacy concerns, security issues, and noise exposure from street level.

In premium neighborhoods, this time gap becomes more pronounced, with ground-floor units sometimes taking up to 7-8 months to find buyers. The slower sales cycle forces sellers to be more flexible with pricing negotiations and often results in larger discounts from the initial asking price.

This extended market time creates challenges for investors looking for quick property turnover and affects cash flow planning for rental property investments in the Madrid market.

What are the current prices for ground-floor versus higher-floor flats in central Madrid?

The median price for ground-floor flats in central Madrid is €146,845, while higher-floor flats average €557,590.

This represents a massive price gap of over €400,000 between ground-floor and upper-floor properties of similar bedroom and bathroom configurations. Top-floor flats command approximately 192% higher prices than ground-floor units, making Madrid one of the Spanish cities with the largest floor-level price differentials.

In specific central districts, the numbers break down further: Salamanca district ground-floor flats average €4,500-€5,200 per square meter, while higher floors reach €7,000-€9,400 per square meter. Chamberí shows similar patterns with ground-floor properties at €4,200-€4,800 per square meter compared to €6,500-€8,200 for upper floors.

These price differences reflect the premium Madrid buyers place on natural light, city views, reduced noise levels, and enhanced privacy that come with higher-floor living.

It's something we develop in our Spain property pack.

How do price differences between ground-floor and higher-floor flats compare in outer districts versus central Madrid?

Outer districts show smaller but still significant price gaps between ground-floor and higher-floor flats.

In neighborhoods like Villaverde, Usera, and Carabanchel, ground-floor flats range from €80,000-€120,000, while higher-floor units sell for €150,000-€250,000. This represents a more moderate price differential of 50-75% compared to central Madrid's 192% gap.

The per-square-meter pricing in outer districts shows ground-floor properties at €2,300-€3,500 per square meter, while higher floors command €3,200-€4,800 per square meter. These areas maintain the floor-level price hierarchy but at much more accessible overall price points.

The narrower price gap in outer districts occurs because overall property values are lower, and buyers in these areas are more price-sensitive, reducing the premium they're willing to pay for higher floors.

What percentage of Madrid flat sales are ground-floor units?

Ground-floor flats represent less than 10% of total flat sales in Madrid.

Market analysis indicates ground-floor units make up approximately 8-10% of completed property transactions in central Madrid districts, with slight variations in outer areas where the percentage can reach 10-12%. This low market share reflects the limited buyer demand for street-level properties in Spain's capital.

The supply constraint also plays a role, as many modern Madrid developments minimize ground-floor residential units in favor of commercial spaces or elevated ground levels. Older buildings in historic neighborhoods provide most of the ground-floor residential stock available for sale.

This limited market share means ground-floor properties often face more competition from the larger pool of higher-floor units, contributing to their extended selling periods and price pressures.

Do ground-floor flats face larger price discounts during negotiations in Madrid?

Ground-floor flats typically see 5-8% larger discounts between asking price and final sale price compared to higher-floor units.

Property Type Average Asking Price Discount Negotiation Success Rate
Ground-floor flats 12-18% 85-90%
Mid-floor flats (2nd-4th) 8-12% 70-80%
Higher-floor flats (5th+) 5-10% 60-70%
Top-floor/Penthouse 3-8% 50-65%
Ground-floor with patio 8-14% 75-85%

The higher discount rates reflect sellers' need to compensate for the inherent disadvantages of ground-floor living. Buyers leverage concerns about noise, privacy, and security to negotiate more aggressively on ground-floor properties.

In competitive central Madrid neighborhoods, ground-floor sellers often start with asking prices 10-15% above comparable higher-floor units to account for expected negotiations, but still end up selling at lower final prices.

How does online buyer interest compare between ground-floor and higher-floor flats?

Ground-floor flats receive 40-60% fewer online views, saves, and inquiries compared to higher-floor properties.

Real estate platform data shows ground-floor listings in Madrid average 200-350 views per month, while comparable higher-floor units receive 400-650 views. The number of saved listings and direct inquiries follows similar patterns, with ground-floor properties generating significantly less buyer engagement.

In premium expat-favored neighborhoods like Salamanca, Chamberí, and Malasaña, this engagement gap widens further. Ground-floor properties in these areas see 50-70% lower online interest, as international buyers specifically search for higher-floor living with better views and perceived security.

The reduced online interest translates directly into fewer physical viewings and ultimately contributes to the extended time on market that ground-floor properties experience across Madrid.

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Are ground-floor flats more common in older or newer Madrid buildings?

Ground-floor residential flats are predominantly found in older, pre-1980s buildings throughout Madrid.

Historic neighborhoods in central Madrid feature numerous ground-floor residential units in buildings constructed between 1900-1970, when street-level apartments were standard residential offerings. These older buildings often lack modern security features and sound insulation that newer developments provide.

Modern developments since 1990 typically minimize ground-floor residential units, instead dedicating street-level space to commercial use, parking, or building amenities. When newer buildings do include ground-floor residential units, they often feature raised or mezzanine levels, private entrances, and enhanced security systems.

The age factor affects both pricing and marketability, as older ground-floor units may face additional challenges related to building maintenance, energy efficiency, and modern amenity expectations from today's buyers.

It's something we develop in our Spain property pack.

Do ground-floor flats with special features sell faster than standard units?

Ground-floor flats with private patios, gardens, or separate entrances sell 20-30% faster and command 15-25% higher prices than standard ground-floor units.

  1. Private patio or terrace access - Adds €30,000-€80,000 to property value and reduces market time by 3-6 weeks
  2. Separate street entrance - Provides privacy and security perception, increasing buyer interest by 40-50%
  3. Garden or courtyard space - Highly valued in dense Madrid, can add €50,000-€120,000 to asking prices
  4. Enhanced security features - Reinforced windows, security doors, and alarm systems reduce typical ground-floor concerns
  5. Sound insulation upgrades - Double or triple-glazed windows significantly improve marketability in noisy central areas
  6. Raised or semi-basement positioning - Properties elevated 1-2 feet above street level perform better than true ground-floor units
  7. Corner positioning - Corner ground-floor units with windows on multiple sides attract more buyer interest

These premium features help offset the traditional disadvantages of ground-floor living and can make such properties competitive with lower mid-floor units in terms of both pricing and selling speed.

How do safety concerns affect ground-floor flat sales in Madrid?

Safety and security perceptions significantly impact ground-floor flat demand, with buyer concerns varying by neighborhood crime statistics and street activity levels.

In neighborhoods with higher reported crime rates or heavy foot traffic, ground-floor flats face additional selling challenges. Areas like parts of Centro district or certain sections near major transit hubs see buyers expressing stronger concerns about break-in risks and street-level exposure.

Conversely, in well-monitored, affluent neighborhoods like upper Salamanca or residential Chamberí areas, security concerns are less pronounced but still influence buyer decisions. Many potential buyers specifically request information about building security systems, street lighting, and neighborhood patrol presence.

Properties with visible security upgrades - reinforced doors, window bars, security systems - help address these concerns but may also visually emphasize the security issue, creating a marketing balance challenge for sellers.

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What role does street noise play in buyer reluctance toward ground-floor properties?

Street noise represents the primary concern for 70-80% of potential ground-floor flat buyers in Madrid.

Traffic noise, pedestrian activity, late-night entertainment venues, and early-morning commercial deliveries create significant buyer hesitation. In neighborhoods like Malasaña, known for active nightlife, ground-floor properties face particular challenges due to noise from bars, restaurants, and street activity extending into early morning hours.

Major thoroughfares like Gran Vía, Alcalá, or busy neighborhood streets see ground-floor properties requiring substantial price discounts to compensate for constant traffic noise. Properties on quieter residential streets perform better but still face noise concerns from delivery trucks, construction, and general urban activity.

Sound insulation upgrades, while helpful, add €8,000-€15,000 to renovation costs and don't completely eliminate buyer concerns about noise exposure in Spain's capital city.

Do ground-floor sales vary between expat-popular and local neighborhoods?

Ground-floor flats in expat-favored neighborhoods like Salamanca, Chamberí, and Malasaña show larger price gaps and longer selling times compared to local residential areas.

Neighborhood Type Price Gap (Ground vs Higher Floor) Additional Market Time Buyer Demographics
Expat neighborhoods (Salamanca, Chamberí) 180-200% difference 25-35% longer International buyers seeking premium features
Mixed expat areas (Malasaña, La Latina) 140-160% difference 20-25% longer Young professionals, expatriates
Local residential areas (Tetuán, Arganzuela) 80-120% difference 10-15% longer Spanish families, local buyers
Outer local districts (Villaverde, Usera) 50-80% difference 5-10% longer Price-sensitive local buyers

International buyers in premium expat areas typically have higher expectations for privacy, views, and building amenities, making them less willing to consider ground-floor options. Local buyers, particularly families seeking larger spaces at lower prices, show more acceptance of ground-floor living.

The expat market's emphasis on lifestyle and location prestige amplifies the traditional disadvantages of ground-floor properties in these sought-after neighborhoods.

What are the five-year trends for ground-floor flat sales in Madrid?

The sales gap between ground-floor and higher-floor flats has widened over the past five years, with ground-floor properties facing increasing market challenges.

Between 2020-2025, the price differential between ground-floor and upper-floor properties in central Madrid increased from approximately 150% to 192%. This trend reflects growing buyer sophistication and increasing emphasis on quality of life factors like natural light, privacy, and views.

The COVID-19 pandemic accelerated preferences for higher-floor living, as buyers became more conscious of air quality, outdoor access (balconies/terraces), and avoiding street-level foot traffic. Remote work trends also increased the importance of quiet, well-lit home environments.

Market data shows ground-floor properties now take 20-30% longer to sell compared to five years ago, while higher-floor units have maintained or slightly improved their selling speed as demand has concentrated on these preferred options.

It's something we develop in our Spain property pack.

Conclusion

This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.

Sources

  1. Expatica - Difference between ground floor and top floor apartments in Spain
  2. InvestRopa - Average apartment price per sqm Madrid
  3. The Luxury Playbook - Madrid real estate market
  4. Idealista - Ground floor apartments for sale Madrid
  5. AProperties - Apartments for sale Madrid centre
  6. Reddit Madrid - Question about apartments interior vs exterior
  7. Global Property Guide - Spain price history
  8. InvestRopa - Madrid real estate market