The average rental price in Madrid rose by 7.8% in the first quarter of 2018 compared to the same period last year. And the trend seems to be continuing in the second quarter. It’s in all the local media because of the importance it has for residents but it’s also essential for all those who intend to relocate to Madrid.
The budget you set for housing is critical: it serves as a starting point for housing searches. And counting with a realistic estimate will greatly influence the success and speed of finding your new home.
Indeed, prices had fallen sharply during the years of the crisis, between 2009 and 2015. But it is also true that since the third quarter of 2016 they are reaching amounts that we had not known before.
Today we would like to step down to reality and show you 3 examples of properties that are currently being rented. These are 3 different typologies, which coincide with the ones we have worked on the most in recent years. Keep in mind that there are many more options: if you have a budget that is higher or lower than these examples, you are sure to find many other different options by modifying some of the variables (location, area, etc.). These are just 3 examples of current rental properties that we hope will help you get an idea of what you can find.
Prices vary widely within the same district depending, above all, on the exact location, the condition of the property and the quality of its finish, the costs included in the rent and whether it is furnished or not.
2 bedrooms in Chueca
Price 1.300€/month
It is a brand new flat in the most modern and avant-garde area of the centre of Madrid. It consists of a spacious and bright living room with an open kitchen, a double and a single bedroom and a full bathroom. Equipped with high quality electrical appliances and air conditioning. It can be rented furnished (also brand new) or unfurnished.
The contact telephone number is +34 665 596 860. In this link you can see all the details and photos.
3 bedrooms with common areas in Chamartín
Price: €2.000/month
This is a recently refurbished property in a residential area in the city centre. It is rented fully furnished and equipped. It includes a spacious living/dining room, separate kitchen, 3 bedrooms and 2 bathrooms. It also has a garage, porter and common areas with swimming pool, children’s playground and 24-hour security.
The contact telephone number is +34 914 872 914. In this link you can see all the details and photos.
5 bedrooms in Monteclaro (Pozuelo)
Price: €3.400/month
Detached 2-storey villa with large garden and private pool. The ground floor consists of living room with fireplace, dining room, 1 bedroom with bathroom, kitchen, sitting room, laundry room, pantry and 1 toilet. On the first floor, master bedroom with bathroom and terrace, 2 double bedrooms and a bathroom. It also has a garage for 2 cars and a storage room.
Monteclaro is a family and safe “urbanización”, it has a social club with large sports areas, lounges and a cafeteria-restaurant.
The contact telephone number is +34 918 001 738. In this link you can see all the details and photos, use the reference AC-MA-0236.
In case you are planning to move to Madrid soon, in The secret of relocating to Madrid you will find all the information you need to find a home in Madrid. If, in addition, you need help with the organization or, even if you want us to accompany you, check out our services.
In the meantime, you can receive regular information by filling out this questionnaire. And if you find it useful, we appreciate your sharing.
