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Majadahonda · report

Empty homes in Majadahonda

2.7% of the 25,577 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
2.7%
Empty homes
684

Against the wider area

Share of homes standing empty in the 2021 census.

AreaEmpty
Majadahonda2.7%
Madrid province6.3%
Spain14.4%

The 2021 census counted a dwelling as vacant when it used almost no electricity through the year and nobody was registered in it, from administrative records rather than a visit. Second homes are counted apart and are not included. Municipalities under 1,000 inhabitants are published only as their province's total.

Other reports for Majadahonda

At the average appraised value, a 90 m² home costs €450,495. With 10% down and a 30-year mortgage, the payment is €1,718 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.

Payment, two incomes
31%
Payment, one income
62%

Renting a 90 m² home costs less each month than owning it. Owning counts interest, running costs and the return the deposit could earn, at the appraised value; rent is the mean of new leases. Repaying the loan is saving, so it is left out.

Rent per month
€1,353
Owning per month
€1,594

Figures for Madrid province: Majadahonda has no reliable figures of its own.

2.5% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
19,301

Figures for Madrid province: Majadahonda has no reliable figures of its own.

Buyers living abroad bought 1.4% of the homes sold here in the four quarters to Q2 2026.

Bought by buyers abroad, 12 months
1.4%

Appraised values have fallen by 3% or more once since 2005. That fall began in Q1 2007.

Deepest fall
−39.7%
Recovery from the low
117 months