Living in Madrid

Living in Madrid

Living in Madrid

Are you planning to study at IE University’s Madrid Campus? If so, one of your biggest questions at this point might be, “Where am I going to live?” Your living situation can be a determining factor in your quality of life in Madrid. Therefore, we would recommend beginning the housing search as soon as possible to make sure that you are able to choose the option that is best for you!

There are two primary types of accommodation available to our students: Student Residences (dormitories) and private flats.

Homestays with local families are also an option (more details below).

Student Residences

We always recommend that our first-year and exchange students opt for student residences. Student residences take care of time-consuming logistical issues such as utility bills and internet contracts so that you can focus on the important things! Many of them give you the option to sign up for additional services such as food and laundry. Plus, they are one of the best places to make friends and get to know Madrid! We recommend that our students reserve rooms in student residences as soon as possible, due to the fact that there is limited availability and they can fill up quickly.

RESA

- A brand-new residence a short walk from the IE campus.
- Located in the heart of the Salamanca neighborhood.
- All-inclusive living experience with pool, common areas, study rooms, terrace and wi-fi.
- Tel: (+34) 91 038 00 08
- Address: Calle Claudio Coello, 141 (on the corner of Calle General Oraa) 28006 Madrid

More info

The Residence

- Two locations very close to campus
- Full board: 2 meals a day, room cleaned daily, weekly laundry service, access to common areas, fridge, etc.
- IE students receive a discount.
- Tel.: (+34) 609204276
- Addresses: Calle María de Molina, 1, 28006 Madrid / Calle Joaquín Costa 14, 28002 Madrid

More info

Master Home

- Residence Located in Paseo de la Castellana next to Nuevos Ministerios
- IE students receive a discount
- Tel: (+34) 911920092
- Address: Calle General Moscardó 34 Bis. 28020, Madrid

More info

Nexo Residencias

- Nexo Residencias runs three student residences in the downtown and university areas: Claraval, Galdós and El Faro.
- Each residence has its own unique characteristics
- Tel.: (+34) 91 144 16 55

More info

Residencia Universitaria La Inmaculada - Fundación Pere Tarrés

- Residence which offers a choice of single or double rooms in El Viso, a quiet residential neighborhood.
- Equipped with a gym, rock climbing wall, study rooms, gardens, wi-fi and 24-hour security.
- IE students receive a discount.
- Tel.: (+34) 91 563 97 16
- Address: C/ Darro, 21. 28002 Madrid

More info

EstudioMad6

- Located closer to the city center
- Offers a close commute to IEU on direct metro lines.
- IE students receive a discount.
- Tel.: (+34) 663446407
- Address: Plaza de Alonzo Martínez, Madrid

More info

Housing Database and Host Families

All enrolled IEU students receive access to an exclusive housing database once they have their student username and password. In this database, private landlords in Madrid post listings for available flats and rooms. Students can use this resource to get in touch directly with landlords.

Disclaimer: The flats are not personally vetted by IE staff. Therefore, we always recommend that students visit the flats in person before signing a contract or making payments.

If you prefer living in a family environment where you can practice your Spanish and enjoy delicious home cooked meals, then a home stay is the perfect option for you!

IE has an agreement with the company InnFamily, which pairs host families with university students. IE students will receive a 30% discount on the booking fee.

InnFamily is a company specialized in providing host family accommodation for students who are planning temporary exchange programs in Spanish universities and colleges.

When matching host families and students, they take the specific needs of each student into account. Staying with a host family is a great way to get to know Spanish culture, language, and traditions first-hand without worrying about the daily house-keeping duties. In addition, many of the host families have university-aged children who live at home, which helps facilitate the student’s integration in the Spanish destination city.

Renting a flat

Do you already have experience living on your own? Would you prefer a living situation that provides a bit more independence? If so, you might be interested in renting a flat, either on your own or with flatmates. Here are some of the tools available to IEU students interested in renting a flat:

RECOMMENDED REAL ESTATE AGENCIES
Although renting a flat through a real estate agency tends to be a bit more expensive due to commissions, it can be a much more convenient option. IE recommends the following real estate agencies. Be sure to ask them about their discounts for IE students!

Click on the links below to find out more:

DFlat
PYR
Uniplaces
Beroomers
Accommadrid
Spotahome
Antorán Inmobiliaria

 

POPULAR HOUSING SEARCH WEBSITES
In general, the most common way to search for a flat in Spain is by using one of the most popular housing search websites.

Click on the links below to find out more:

Idealista
Fotocasa
Vibbo
Enalquiler

A FINAL NOTE ON RENTING

Before renting a flat in Madrid, there are several things to keep in mind:

First of all, the most important factor that influences the amount you spend on rent is whether or not you decide to share an apartment. Living alone is always more expensive. If you don’t know anyone who you can share a flat with, but would like to find accommodation with another IEU student, you should join the IEU Housing Madrid Facebook group. This group forum has been specifically designed to help you find flat mates, to get in touch with local landlords, and to find more information on renting in Madrid.

PRICES
Though prices for renting an apartment in Madrid vary depending on several factors, including the student’s personal taste and his/her needs, you can expect to pay anywhere between 800€ and 1.200€ a month for a decent one or two bedroom apartment. If you plan to share your flat with other students, you can expect to pay quite a bit less per month.

BEFORE SIGNING A CONTRACT
If you plan to live in a flat, we always recommend visiting it in person before signing a contract. It is also important that you don’t pay the landlord prior to signing a contract. This is important in order to avoid scams.

CONTRACT & THE FINE PRINT
Rental contracts usually last one year, although you can sometimes negotiate with the landlord to rent for a shorter period. This will sometimes cause the price to increase. The landlords will usually ask for a security deposit that can be the equivalent of 1 to 6 months of rent. You can negotiate the terms with them.

In addition, it is important to always request a receipt of payment as well as a contract which has been signed by both parties.

UTILITIES
In Spain, expenses such as electricity, water, gas, wi-fi, etc., are normally not included in the cost of rent.