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Rent luxury apartment in the centre of Madrid

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The best areas to rent a luxury apartment in madrid city centre

Madrid is one of the cities in Spain with the highest demand to rent a luxury flat. And the central area is undoubtedly one of the most desirable. Both by foreigners who have moved for work reasons, as well as by young families who want to live close to everything and enjoy the leisure and cultural offer for which the city of Madrid is famous.

One of the advantages of renting a luxury flat in the centre of Madrid is that you can walk to the most important places in the city. It is a friendly and busy area, which also offers multiple public transport options to move to other areas.

The central district includes the oldest neighbourhoods of Madrid and therefore we can find flats of all kinds of qualities. The main streets tend to have the largest and most luxurious flats. Many of them are in historic buildings with stately portals.

In the secondary streets there are more modest buildings. The quality also depends on the neighbourhood. Justicia and Palacio offer more luxurious flats to rent compared to the neighbourhoods of Embajadores or Universidad.

Neighbourhoods in the centre of madrid

Madrid Centro has a total of 6 neighbourhoods, each with its own personality:

Sol: This is the most central area and includes the streets around the Plaza de Sol. It is a very touristic area, full of shops and hotels.

Universidad:This is the bohemian and alternative neighbourhood of the city. It has many music bars, trendy restaurants and vintage clothes shops. Some of the streets of Malasaña are quiet, so it is a good place to live for people who like nightlife.

Justicia: This is where you will find Checa, Madrid's gay neighbourhood which has a great nightlife and cultural offer. It has very well refurbished flats.

Cortes: This is the administrative district with several ministries and the Congress of Deputies. In its main streets there are many luxury and large flats.

Embajadores: The area around the square with the same name. It is a more residential area with the most modern buildings in the centre. Within this neighbourhood is Lavapiés, a multicultural neighbourhood with a large Latin, Arab and African population. There the flats are very small and organised in corralas.

Palacio: The Palacio neighbourhood is known for its narrow cobbled streets, historic buildings and lively squares. It is also home to some of Madrid's most important monuments, such as the Royal Palace, the Royal Theatre and the Plaza de Oriente. It is a place full of history, culture and art.

Rent a luxury flat in the centre

In Madrid there are many options to rent a luxury flat in the city centre. It is a cosmopolitan city, used to tourism, and therefore has luxury flats and flats for people with high purchasing power who visit our city for work or tourism. Luxury flats are usually rented fully furnished and decorated so that the tenant does not have to worry about anything.

how much does it cost to rent a luxury flat in the centre of madrid?

The centre of Madrid is the area of Madrid with the highest demand for renting, so its rental prices are quite high. Renting a flat in the centre of Madrid can cost from 1.000 €/month, to more than 12.000 €/month if it is a luxury flat. Depending on its surface area, the area where it is located, the quality of the building and even the height of the floor where it is located.

The cheapest flats tend to be studios or attics with very little usable surface area and a single space. They are located on the ground floor or on the top floor in buildings without a lift. A family flat with a minimum of two bedrooms and a floor space of more than 80 m2 can be rented for as little as €1,600 per month.

Renting a luxury flat in the centre of Madrid, located in a good street and building, completely refurbished, and with a terrace, views or garage space, can be rented for a minimum of €2,500 per month. Although the highest quality luxury flats are in the range between 3,500 and 7,000 euros per month. Above that price, there are also luxury flats for rent in the centre of Madrid. These are large flats of more than 200 m2, refurbished, fully furnished and with ultra-luxury qualities.

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