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

- UPDATE: FULLY BOOKED FOR 2017/2018
- 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 Oráa) 28006 Madrid

MORE INFO

THE RESIDENCE

- UPDATE: LIMITED AVAILABILITY 2017/2018
- Two locations very close to campus
- Full board: 2 meals a day, room cleaned daily, weekly laundry service, access to common areas, fridge, wi-fi, etc.
- IE students receive a discount.
- Tel.: (+34) 609204276
- Addresses: Calle María de Molina, 1, 28006 Madrid / Calle Joaquín Costa 14, 28002 Madrid

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MI CASA INN - BARRIO SALAMANCA LOCATION

- UPDATE: FULLY BOOKED FOR 2017/2018
- Residence located in Barrio Salamanca
- IE students receive a discount
- Mi Casa Inn has several locations throughout Madrid. Information about the other locations can be found on their website.
- Tel.: (+34) 657831190
- Address: Calle Lagasca 45. 28001, Madrid

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WUNDERHOUSE

- Individual rooms with en-suite private bathroom, communal kitchenettes, gym, study rooms, patio, 2 terraces, wi-fi and 24 h security.
- In the center of Madrid, Chueca neighborhood. Just 2 stops by metro to IEU, Tribunal and Gregorio Marañon.
- Offers discounts to IEU students on Gold rooms.
- Address: Calle San Lorenzo 20, 28004 Madrid
- Tel: (+34) 91 599 03 69

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MASTER HOME

- UPDATE: LIMITED AVAILABILITY 2017/2018
- Residence Located in Paseo de la Castellana next to Nuevos Ministerios
- Weekly cleaning service, study area, meeting lounge, terraces, wi-fi, agreements with parkings and gyms, etc.
- IE students receive a discount
- Tel: (+34) 911920092
- Address: Calle Edgar Neville 24 Bis. 28020, Madrid

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NEXO RESIDENCIAS

- Nexo Residencias runs three student residences in the downtown and university areas: Claraval, Galdós and El Faro.
- All the residences provide the same basic services, yet each one has its own unique characteristics
- Tel. Claraval: (+34) 91 144 16 55 - UPDATE: LIMITED AVAILABILITY 2017/2018
- Tel. Galdós: (+34) 91 144 16 54 - UPDATE: LIMITED AVAILABILITY 2017/2018
- Tel. El Faro: (+34) 91 144 16 56

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RESIDENCIA UNIVERSITARIA LA INMACULADA - FUNDACIÓN PERE TARRÉS

- Residence which offers a choice of single or double rooms in El Viso, a quiet residential neighborhood.
- Two mixed dorms + One female only
- 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

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ESTUDIOMAD6

- Located closer to the city center
- Offers a close commute to IEU on direct metro lines.
- Weekly room cleaning, daily common areas cleaning, Full and half board available, pick-up service at the airport (check tariffs), etc.
- IE students receive a discount.
- Tel.: (+34) 687 760 565 / (+34) 656 805 109
- Address: Plaza de Alonso Martínez, Madrid

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HOUSING DATABASE AND HOST FAMILIES

IEU ACCOMODATION DATABASE

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.

IEU ACCOMODATION DATABASE

INNFAMILY

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.

INNFAMILY

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, 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.

CLOSE TO IEU MADRID

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