Chamartín

Chamartín anchors northern Madrid — home to the Cuatro Torres Business Area (four landmark skyscrapers on Paseo de la Castellana, including the iconic Torre Cepsa designed by Norman Foster), the AZCA business complex (Spain's premier financial district), Madrid-Chamartín Station (AVE high-speed rail terminus), and the Real Madrid Santiago Bernabéu stadium. The district preserves two distinct identities: the modern business corridor along Paseo de la Castellana, and established family-residential sub-neighbourhoods like El Viso (a garden-suburb of art-deco and modernist single-family houses — one of Madrid's most distinctive residential settings), Hispanoamérica, Nueva España, Castilla, and Prosperidad. For property buyers, Chamartín delivered +17.7% YoY appreciation from December 2024 through December 2025 (per Investropa) — among the strongest in Madrid. Sub-neighbourhood pricing varies: Castilla at €6,764/m², Ciudad Jardín €7,200/m², Prosperidad €7,034/m², and El Viso at €7,000-€9,000/m² for premium garden-suburb stock. The Madrid Nuevo Norte mega-development (under construction north of Chamartín Station — Europe's largest urban regeneration project) provides multi-year structural upside, with Nueva España and Hispanoamérica positioned for 5-8% annual growth from the development's proximity. Gross yields run ~4% supported by deep long-term-rental demand from corporate relocators in the AZCA cluster and international families requiring access to the Liceo Francés / Colegio Estudio school cluster. Plan Reside (Aug 2025) STR restrictions affect Chamartín less than central neighbourhoods given the long-term-rental dominance.

Chamartín in Madrid, Comunidad de Madrid, Spain