Considering Renting a Furnished Apartment in Madrid? Here’s What You Need to Know
As an expat in Spain, navigating the rental market in a bustling city like Madrid can be daunting, especially when it comes to renting a furnished apartment. Here are some key aspects to consider before making your decision.
Understanding the Rental Market in Madrid
Madrid's real estate market is booming, with housing prices having increased by 17.5% in 2024 and expected to rise another 4% to 5% in 2025[2]. This surge in prices is driven by strong demand, particularly for central locations. The average rental price for a two-bedroom apartment in Madrid is around €1,200 per month, with prices varying significantly based on location and amenities[2].
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