Map showing the boundaries of Recoletos

Recoletos

The pinnacle of Madrid luxury.

Overview

Recoletos is arguably the most prestigious neighborhood in Spain. Bordered by the Retiro Park and the Paseo de la Castellana, it is home to the 'Golden Mile' (Calle Serrano). Life here is defined by high-end boutiques, world-class dining, and impeccably maintained 19th-century buildings. The tradeoff is purely financial: it has the highest price per square meter in the city and can feel quite commercial during shopping hours.

Who this area is for

Best for

  • High-net-worth individuals
  • Luxury shoppers
  • Executives wanting park proximity

Less ideal for

  • Students
  • People seeking an "alternative" or bohemian lifestyle
  • Budget renters

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The most exclusive and consistently high-value address in Madrid.