Sorello Guides

Buying and owning a home in Boadilla del Monte

At 4.372,7 €/m² this is one of the dearest municipalities in the country to buy into. Almost nothing here is a second home: 9,13 % of dwellings are not somebody's main residence. Boadilla del Monte is large enough for several distinct sub-markets to exist inside one Madrid municipality.

What you pay once, at the deed

Community of Madrid charges 6 %, one of the lighter rates in the country. At the prices Boadilla del Monte commands, the Community of Madrid transfer tax alone exceeds the whole purchase price of a flat in much of Spain.

Transfer tax on a resale purchase, at three illustrative prices
Purchase priceTransfer tax
200.000 €12.000 €
350.000 €21.000 €
600.000 €36.000 €

The three prices are round illustrative figures chosen to bracket the ordinary range, not measurements of this market.

The reduced rates, stamp duty and the deed checklist for Community of Madrid

A sense of scale

Among the Madrid towns and cities covered here, it records the highest average cadastral value per home.

Across the country, the average cadastral value per home here belongs to the dearest twentieth of them all.

On appraised value per square metre it is the sixth highest of the Madrid municipalities this guide covers.

Nationally, that appraised value of an older home falls in the second-dearest twentieth.

Set against the other Madrid municipalities in this guide, it has the lowest premium a new build commands over an older home.

The comparison that matters

Nationally, that appraised value of a home under five years old falls in the third-dearest twentieth.

Within Madrid, that is the ninth lowest urban property-tax rate among the municipalities this guide covers.

Over the whole guide, the share of dwellings that are not a main residence recorded here falls within the third-cheapest twentieth.

Within Madrid, that is the fifteenth lowest population among the municipalities this guide covers.

Country-wide, that rural property-tax rate is one of the band just above the bottom quarter.

A sense of scale

Compared with the rest of Madrid in this guide, it sits fifteenth lowest on number of notarised home sales.

Set the national range end to end and this share of the urban register that is housing lands in the thirteenth twentieth from the bottom.

Of the Madrid municipalities covered here, this one comes fourth lowest on year of the last cadastral revision.

Put beside the rest of the country, its tax rate on construction work belongs to the band just inside the top fifth.

How many homes change hands

Against 21.639 registered residential units, a healthy share of the stock changes hands each year.

Sales clustered in Second quarter and thinned in Fourth quarter, the ordinary Spanish seasonal pattern.

787 home sales went through the notaries in Boadilla del Monte in the year — a quiet market.

Notarised home sales by quarter, 2025
QuarterSales
First quarter183
Second quarter234
Third quarter194
Fourth quarter176

A stock of homes people actually live in

Almost the whole register is housing: 21.639 residential units out of 34.167 urban ones.

Renting accounts for 15,2 % of main homes in Boadilla del Monte, close to the Spanish norm.

Only 9,13 % of Boadilla del Monte dwellings are not somebody's main home, so the market is driven by people who live here.

The yearly bill, and why it is small here

The register values the average Boadilla del Monte home at 231.680 €, which is where the yearly bill comes from.

Land classed as rural is taxed at 0,6 %.

Boadilla del Monte levies 0,4 % on urban property, one of the lowest IBI rates you will meet.

180.000 € of cadastral value at 0,4 % is 720 € a year, but the base is dated and a revision would change it sharply.

The cadastral value in this example is a round illustrative figure, not the cadastral value of any particular property here. Ask for the last IBI receipt: it states the real one.

The cadastral values are dated

The construction tax is 4 %, the statutory maximum, which matters if you plan to renovate.

The Boadilla del Monte register dates from 2004; a future revision could move the yearly bill significantly even if the rate never changes.

A market at the top of the national range

Unusually, homes under five years old are appraised lower than older ones, 4.146,9 €/m² against 4.410,9 €/m², which usually means the new stock sits further out.

The figure comes from 185 appraisals in the quarter.

At 4.372,7 €/m², Boadilla del Monte is among the most expensive places in Spain by appraised value.

Related guides

Sources and licences