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Cost of apartment in Madrid

 
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tabrege



Joined: 20 Jan 2013
Posts: 26

PostPosted: Sun Jul 14, 2013 12:33 pm    Post subject: Cost of apartment in Madrid Reply with quote

I was just curious in wanted to take a survey. On idealista.com I am finding several 1 bedroom flats for rent in Madrid for 400-550 Euros a month.


However when looking at the forum in reading online I am told the average cost is 750 Euros.


Does anyone have a realistic range based upon using idealista or renting in Spain?


Note ( I am not referencing sharing a flat or renting a room, but an actual cost of a 1 bedroom.)
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Romita



Joined: 10 Feb 2012
Posts: 5
Location: Madrid, Spain

PostPosted: Sat Jul 27, 2013 9:55 am    Post subject: Reply with quote

Hello,

I just found an apartment, through idealista, in the Carabanchel barrio for 480 euro. It is a one bedroom, fully furnished, and about a 10-12 minute walk from the metro. If you're looking closer to the center of the city, it will be more expensive. Good luck.
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tabrege



Joined: 20 Jan 2013
Posts: 26

PostPosted: Sat Jul 27, 2013 8:57 pm    Post subject: Great Reply with quote

I plan on going to Madrid or Barcelona next year if the cost do not rise I should be able to find a modest 1 bedroom within 30 minutes of the city center in areas such as Carrabanchal, Lavapies, Moncloa etc.

I just needed to know if the prices were truly what reflected the cost of renting for Madrid. I don't mind a 20-30 minute commute my first year in Spain.

If you don't mind me asking did you rent from a landlord owner, or through a rental agency advertising your 1 bedroom?

How much did you have to pay in deposit? in did the landlord or rental agency Speak some English?
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Romita



Joined: 10 Feb 2012
Posts: 5
Location: Madrid, Spain

PostPosted: Sun Jul 28, 2013 4:29 am    Post subject: Reply with quote

I found the owner through idealista. The deposit is one months rent. The owner speaks a little English. He had his phone with an app and I had my dictionary/phrase book for words/explanations we had trouble with.

I also looked at an apartment with a realtor, who spoke no English. He also had an app on his phone. The deposit for that apartment was also one months rent.
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tabrege



Joined: 20 Jan 2013
Posts: 26

PostPosted: Thu Aug 15, 2013 2:17 am    Post subject: Nice Reply with quote

Thats a little relief good to know that not having to pay a third party or middle man. I know however there are some reputable agencies which offer their services for a fee, but if I can save paying the fee in go through a decent owner which speaks some English it would be nice.
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