Real Estate Agency in El Viso (Chamartín, Madrid)

What El Viso is and why you pay a premium

El Viso lies between the Paseo de la Castellana, María de Molina, Príncipe de Vergara and Concha Espina. Its heart is the colony, built around the northern stretch of calle Serrano, with quiet streets such as Darro, Segre, Cinca, Pinar and Rodríguez Marín.

The colony sits on one of the highest points of the city, hence its name. It was conceived under the 1925 Ley de Casas Baratas for workers and civil servants, but ended up home to intellectuals, diplomats and business owners. That heritage, plus heritage protection, explains why supply is scarce and prices stay high.

Sale prices in El Viso in 2026

According to a 2026 market guide to Chamartín, El Viso leads the district at around 9,618 €/m², compared with an average of about 8,150 €/m² in Chamartín (Idealista). The same guide notes that a good share of sales in the colony are off-market.

Active listings show the real spread:

• 2-bedroom apartments, 70 to 110 m²: from about 470,000 € to about 950,000 € depending on floor, condition and street.
• 3-bedroom apartments of 150-170 m² at around 9,500-10,000 €/m².
• Large apartments on Castellana or Núñez de Balboa, from 2 to 4 million euros.
• Terraced houses in the colony: from about 2.3 million to over 4 million, at 11,000 to 16,000 €/m².

These are asking prices, not closing prices. You should negotiate with data from real transactions.

Renting in El Viso

Home rental listings on idealista average about 29-30 €/m² per month. They range from studios at around 1,200 € to 5-bedroom apartments with garage close to 6,000 € on streets such as Darro, and houses above that.

Demand comes from executives, diplomats and families waiting to buy. With about 135 homes advertised for rent, supply is broader than in many prime areas. For an investor, gross yield is modest because the purchase price is very high. The case here is capital preservation and scarcity.

Property types: the colony, stately apartments and new build

El Viso has three distinct markets:

• Historic colony: three-storey terraced and semi-detached houses with a front garden and rear patio, often bought to renovate. Heritage protection must be respected.
• Stately apartments: buildings with a lift on Núñez de Balboa, Velázquez, Castellana or Príncipe de Vergara. This is the most liquid product.
• New build and refurbishment: idealista lists several developments in the neighbourhood, with entry prices from about 925,000 € to over 4 million.

Many 3 and 4-bedroom apartments are sold for renovation. Work out the cost of the renovation before you make an offer.

Daily life: surroundings and transport

The neighbourhood is residential and quiet, but right next to the Castellana business axis. The offices of Paseo de la Habana, Pedro de Valdivia, Velázquez and María de Molina are within walking distance.

The Auditorio Nacional de Música and the Museo Nacional de Ciencias Naturales are nearby. Shops and hospitality are concentrated on López de Hoyos, Príncipe de Vergara and Núñez de Balboa. For day-to-day travel, the metro and the Paseo de la Castellana connect in a few minutes with Salamanca, Nuevos Ministerios and Chamartín.

Who buys in El Viso

The typical buyer is a high-income family who wants to live in Madrid in peace, close to the business centre. There are also executives, independent professionals and buyers from abroad, drawn by the neighbourhood's identity compared with Salamanca. Many are not looking for a second home, but for their main residence.

It is a market with low turnover. Whoever finds a house in the colony in good condition usually decides quickly.

How Aurovas works in El Viso

We cover El Viso from the Madrid team. We currently list a 3-bedroom apartment at Núñez de Balboa 125, at 2,829,000 €. We have no rentals listed in the area.

If you are buying, we filter by street, condition and orientation, and check the planning situation, especially in the protected colony. If you are selling, we prepare a valuation with real comparables from the block, not the neighbourhood average. Call us on +34 654 841 986.