Sorello Guides

The cost of buying a home in Torrelodones

Torrelodones is a town rather than a city, which in Madrid usually means one estate agency network knows most of the stock. Almost nothing here is a second home: 14,76 % of dwellings are not somebody's main residence. The ministry publishes no appraisal average for this municipality, so the market figures below stop at the notarial sales count.

What you pay once, at the deed

The Community of Madrid transfer tax applies to resale purchases in Torrelodones; a new build is charged VAT and stamp duty instead. Community of Madrid charges 6 %, one of the lighter rates in the country.

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

Ranked against its neighbours in Madrid, it holds the third highest average cadastral value per home of the group.

Country-wide, that average cadastral value per home is one of the dearest twentieth of them all.

Compared with the rest of Madrid in this guide, it sits tenth highest on share of the urban register that is housing.

On a national view, its urban property-tax rate falls into the fourth-cheapest twentieth.

Among the Madrid towns and cities covered here, it records the sixth lowest rural property-tax rate.

The comparison that matters

Nationally, that share of dwellings that are not a main residence falls in the bottom quarter.

On total dwelling stock it is the lowest of the Madrid municipalities this guide covers.

Nationally, that count of registered residential units falls in the cheapest twentieth of them.

Line the Madrid municipalities in this guide up by number of urban cadastral units and this one is the lowest.

Country-wide, that number of notarised home sales is one of the second-cheapest twentieth.

Where this one stands

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

Taking every municipality covered here together, the tax rate on construction work is in the seventeenth twentieth from the bottom.

On year of the last cadastral revision it is the eighth lowest of the Madrid municipalities this guide covers.

How many homes change hands

Second quarter carried far more deeds than First quarter, so timing an offer against the calendar is worth something here.

Against 8.931 registered residential units, a healthy share of the stock changes hands each year.

304 home sales went through the notaries in Torrelodones in the year — a quiet market.

Notarised home sales by quarter, 2025
QuarterSales
First quarter61
Second quarter102
Third quarter69
Fourth quarter72

What owning costs every year

The urban IBI rate in Torrelodones is 0,49 %, on the low side nationally.

Rural property pays 0,53 %.

The register values the average Torrelodones home at 183.971 €, which is where the yearly bill comes from.

On 180.000 € of cadastral value the 0,49 % rate yields 882 €, on a register that has not been refreshed in a long time.

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.

What the market looks like

The ministry does not publish this figure for Torrelodones, so it is stated here as not available rather than estimated.

A stock of homes people actually live in

8.857 dwellings were counted at the census.

Almost the whole register is housing: 8.931 residential units out of 13.324 urban ones.

Only 14,76 % of Torrelodones dwellings are not somebody's main home, so the market is driven by people who live here.

An ageing cadastral register

Torrelodones has not revalued since 2006, which is long enough for the gap to market values to be substantial.

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

Related guides

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