762 Promociones de obra nueva en venta en Madrid (Provincia)
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List Important data about new construction in the Community of Madrid
The average sale price of new homes in the Community of Madrid for the year 2023 is around 3900 euros/m2. The province of Madrid is one of the main hubs in the real estate sector's economy in the country and is also the second province in terms of business volume and interest to invest or acquire new properties, behind Barcelona. In general, the average value or price in a new development is estimated to be around 2600 euros/m2, but it can reach up to 12000 euros/m2.
Meanwhile, the construction cost in Madrid is about 1790 euros/m2, which is 7.7% more expensive than the previous year. On average, over 70,000 homes are sold and purchased in Madrid each year, of which nearly 10% corresponds to new construction. Currently, there are more than 395 ongoing residential projects, which will result in approximately 14,000 new homes coming up for sale.
Here you will find the best options for buying new properties and being the first to enjoy them, as we have selected new and exclusive products of the highest quality and price. Most of the current new urban development projects in Madrid feature highly demanded community services, such as one or several communal swimming pools, security systems, and community video surveillance with private companies.
In this section of the website, you will find a list of available developments or residential complexes, where you can purchase your home and enjoy its comforts and brand-new services.
New construction prices in the Community of Madrid
The price of the cheapest new apartment in Madrid is 1,363 euros/m2. The average price of an apartment is around 4,429 euros/m2, while the most exclusive new apartments reach 15,966 euros/m2.
Price per development by property type:
| Property | Cheapest Price | Average Price | Highest Price |
| Penthouses | from 159 900€ | 843 152€ | 13 090 000€ |
| Apartments | from 14 000€ | 438 167€ | 4 950 000€ |
| Ground floors | from 178 000€ | 428 805€ | 1 825 000€ |
The price of the cheapest new house in Madrid is 1,363 euros/m2. The average price of a villa is around 4,429 euros/m2, while the most exclusive new houses reach 15,966 euros/m2.
Price per development and property type:
| Property | Cheapest Price | Average Price | Highest Price |
| Chalets | from 310 000 € | 1 486 690 € | 4 200 000 € |
| Adosados | from 249 900 € | 631 576 € | 1 620 000 € |
New commercial premises are starting to be sold for 346,700 euros per development, although on average, the price of a new commercial space is around 505,515 euros. However, it can reach up to 696,150 euros per development. The price depends on the square meters, height, and intended use.
We recommend using the search feature on Idealista to find the rest of the available developments.
