Apartment Rental Madrid - Long Term Rent
If you are planning to come to Madrid for a longer period you can find useful information about long term rentals of apartments in Madrid in this section.
If you are looking for short term rents or vacation apartments in Madrid take a look at the section Vacation Rentals in Madrid or CLICK HERE for a complete list of apartments available for short term rent.
How to find an Apartment in Madrid
How to find an apartment in Madrid depends first of all on how long time you plan to stay in the city.
If you are planning to stay for less than 5 months the best option is to rent an apartment online before your arrival as it will be difficult and time consuming to find landlords or long term rental agents that are interested in renting an apartment for less than 6 months.
In this case you will technically be renting a vacation apartment but you can get great discounts when renting a vacation apartment for more than a few weeks. We have a nice selection of apartment available on a weekly rental basis but where you receive good discounts if you rent for one or more months – CLICK HERE for further information of apartments available.
If you are planning to stay in Madrid for 6 or more months then the cheapest options are available by either renting directly from the landlord or through one of the many long term rentals agents available in Madrid. Although it might be tempting to arrange such a contract before you arrive to Madrid we recommend that you do not sign any contract or pay any deposit before you have seen the apartment. There are many renting scams online where people try to get a deposit from a foreigner and when you arrive to Madrid the flat don't even exist.
The best thing you can do is to rent a holiday apartment or a hotel for a week or two which will give you enough time to find the right apartment, make sure you like the area where the apartment is located and also get advice before signing a long term contract.
You can of course start to look at the different options available before you arrive to Madrid on websites like idealista.com or segundamano.es where you can find apartments advertised by both landlords and agents
Legal Aspects of Renting an Apartment in Spain
In general in Spain there is a distinction between long term contracts and short term contract where short term contracts are any type of contract for less than a year and long term contracts a between 1 and 5 years.
Short term contracts are in general simple contracts and can both be vacation rentals (including the rent of an apartment or a hotel room) or a contract for 9 months, that describes the total price of the rental and how when it should be paid and information about the apartment for rent (location and owner of the apartment).
A long term contract is in general more complex mainly because the landlord is less protected in this type of rental and therefore the contract has to be more complete. The rent in a long term contract which runs from 1 year up to 5 years is always paid on a monthly basis and can only be increased once per year according to the inflation.
The contract should clearly state the name of the owner, the renter, the exact address of the flat, the time period of the rental, how and when the rent is paid, the deposit needed to paid initially (the deposit can be anything from a fixed amount to several months rent) as well as a thorough description of the apartment and its current state.