What could your Madrid property earn?
A two-bedroom rental in Madrid typically achieves around €130 a night at about 71% occupancy — roughly €2,806 gross per month.
By property size
| Size | Nightly rate | Nights / year | Gross / month | Gross / year |
|---|---|---|---|---|
| Studio | €91 | 259 | €1,964 | €23,569 |
| 1 bedroom | €111 | 259 | €2,396 | €28,749 |
| 2 bedrooms | €130 | 259 | €2,806 | €33,670 |
| 3 bedrooms | €169 | 259 | €3,648 | €43,771 |
| 4+ bedrooms | €208 | 259 | €4,489 | €53,872 |
These are indicative market estimates for a well-presented property, not a guarantee. Actual earnings depend on your location, presentation, availability, local regulation and season. Figures are gross revenue before cleaning (around €40 per stay here), taxes, utilities and local levies.
Letting in Madrid
Rules and licensing
A tourist-use licence is required, and the city plan effectively restricts new licences in the central almendra to properties with independent street access. Enforcement has increased.
Tourist tax
Madrid does not currently levy a municipal tourist tax, unlike most comparable Spanish cities.
How the year is shaped
Strong spring and autumn. July and August are hot and noticeably quieter, while the Christmas period and major football fixtures fill the calendar.
Who books here
City breaks, football travel and a growing business segment. Air conditioning is essential in summer.
Short-term rental rules change often and can differ by district, and building or condominium rules may restrict letting regardless of what the city permits. Treat this as orientation, not legal advice, and confirm the current position with the local authority before letting.
What drives the number in Madrid
Peak season
Demand follows the tourist season. The best months to visit are April to June, September to October, and rates run highest then.
Typical occupancy
71% across the year for an actively managed listing — around 259 booked nights.
Cleaning
About €40 per stay, and roughly 65 stays a year at a four-night average.
Currency
Euro (EUR). 1 EUR = 1.08 USD / 1 EUR = 0.86 GBP
List it on Holistay
Publishing is free. Add a video walkthrough, set your nightly rate, and decide whether to accept offers on quiet dates. You can read the full Madrid travel guide to see what guests coming here are planning around.