11 Best Luxury Rentals In Madrid, Spain - Updated 2024

Alyssandra Raiza
Contributing Writer
Updated
| 10 min read

Madrid is one of the most storied cities in the world. This capital city of Spain has famous buildings iconic sites such as the Central District, Retiro Park, and the Royal Palace, which act as a testament to the diverse and sometimes controversial history of the country. Apart from its rich culture and heritage, the city is also home to boutiques and shopping streets with amazing things to buy, museums, and the Santiago Bernabeau Stadium, home to the city’s iconic football team. Getting around the city is also easy, as taxis, trains, and buses are all present. You can even take a bike. To make sure you live like a royal on your next visit to this scenic city, check out this list of the best luxury rentals in Madrid, Spain.

What’s new in Madrid:

  • According to Madrid’s official tourism website, the city inaugurated a new museum called Royal Collections Gallery in 2023. As the name suggests, this museum features unique and precious items collected by the Spanish monarchs over the ages. The museum has exhibits spread across six floors, so make sure you have time on your hands when visiting! This is a must-visit attraction in Madrid for anyone interested in the city’s heritage.

  • The Rio Times reports on the construction of a strategic underwater tunnel connecting Madrid and Morocco by 2030. The governments of both countries aim to achieve this endeavor by the 2030 FIFA World Cup. This is to aid tourists and spectators who visit the co-hosts Madrid and Morocco (aside from Portugal) to watch the games.

Tip from tour guide

sandra

Sandra
Madrid

Madrid is popularly known for its beastly energy in the streets. Madridians love gathering on terraces even when it's snowing, savoring beers with friends, and celebrating every moment—be it good or bad. The city transcends clichés, proving that even without a beach, we know how to embrace Mediterranean living. Enjoyment can be found in simple things such as taking a stroll down the street and raising a preventive toast, just in case everything turns out well.

We handpicked these listings carefully, considering (wherever possible) host status, recent guest reviews, location, accommodation type, prices, availability of dates, decor, and access to luxury services and amenities. The image galleries get refreshed with the latest updates regularly. They were last updated on November 21, 2024.

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Your options at a glance

Vacation Rental
Best Feature
Price
Gorgeous penthouse with a furnished roof deck Roof deck with views of Plaza de Colon from USD 2723
Centrally located flat with elegant decor Neutral accents and chic decor from USD 799
Four-bedroom apartment with sleek furnishings Elegant living room with a gorgeous chandelier from USD 2062
Home Cinema Puerta del Sol Home cinema in the living room from USD 650
Upscale apartment with a pool table Stylish pool table from USD 730
DIWAN Suite Classic wooden furnishings and antique decor from USD 637
Well-furnished apartment with a skylight Exposed wooden beams and elegant decor from USD 535
Bright and welcoming apartment with tall ceilings Beautiful artwork and pottery pieces throughout from USD 580
Spacious apartment with polished wooden floors and marble staircase Bright kitchen with stainless steel appliances from USD 539
Elegant villa with a private hot tub Private pool and hot tub from USD 2565

1. Gorgeous penthouse with a furnished roof deck (from USD 2723)

Good Neighborhood Family Friendly Good Location View

This glamorous penthouse checks everything you would need from a luxury vacation home. There are five bedrooms, each with its own unique decor and soothing color scheme. Every piece of furniture is an art piece, and the lamps add a homey touch. Each of the four bathrooms has a shower and toiletries. A handful of TVs, new kitchen equipment, and a washer add extra convenience to your stay.

The penthouse boasts an excellent location, too. You can see the Plaza de Colon right from the roof deck while enjoying your favorite drink. The National Archaeological Museum is right across the park and the Historic Center is within walking distance of the property, ideal for history and culture buffs.

What guests are saying about their stay:

“This apartment is fabulous and located in a very good area. I stayed here with my brother, his wife and child, my mother and my husband and our three children. Needless to say the apartment is very spacious and the room layout worked well for us. The best part is the lounge room and terrace which over looks a main square in Madrid with a big Spanish flag flying high. It was just magic sitting on the balcony with a glass of wine and some tapas watching the sunset. All communication with the host was prompt and easy. We accidentally took a set of keys but the host was not stressed and happy for us to post back at our earliest convenience. I highly recommend this apartment. It is a little more expensive than most but well worth the extra $$.” - by Kellie

Tip from tour guide

sandra

Sandra
Madrid

My favorite museum to go to with kids is National Archaeological Museum. There are Egyptian mummies and Greek gods and goddesses inside. It's a fun and easy stop, so you should definitely visit if you're staying here with your family.

Tip from tour guide

From this rental, you can easily head to Plaza de Colon, which is where you'll find the gorgeous, peaceful-looking statue of Christopher Columbus.

Stayed at this property?
Madrid, Spain
1.23 km (0.8 mi) from El Retiro Park
208 reviews   Superhost Wifi Available
ENTIRE RENTAL UNIT 8 Beds 10 Guests 5 Bedrooms 4 Bathrooms

Accommodates: 10

Top guest reviews
Host:
lovely apartment and super friendly staff
the host that welcomed us was nice thorough and made us feel very welcome
full of ammenities and miguel was a pleasant and helpful host
i'm sure this will not be an issue for future travelers as the owner's are great hosts
meian is so friendly and help us a lot
Location:
amazing location next to everything walking distance
the location was fantastic
the location of this apartment is excellent- great neighborhood
very good location beautiful apartment
great place and fantastic location
Cleanliness:
it was also very clean and everything worked beautifully
the place is modern clean and has tons of space
very clean place and host very reactive
the place was very clean and stylish and we would definitely stay here again
the apartment is huge and extremely comfortable everything is new and very clean
Amenities & Room:
we loved our stay in this elegant apartment next to plaza colon in madrid
the apartment is fantastic and has great views and is in a terrific location
very comfortable beds and a home with a lot of space and light and attention to details
there is ac in each room and it worked well to keep the place comfortable
the view was spectacular and having a terrace is very singular and special for apartments in this city
Read more reviews

2. Centrally located flat with elegant decor (from USD 799)

Good Location Family Friendly Good Neighborhood

You and your family can stay close to all the action by booking a stay in this modern flat, situated right in the heart of the historic central district. A theater sits beside the building, along with a train station, restaurants, and a shopping center. Once you enter the flat, you’ll notice the spacious open dining and lounge area.

I feel the neutral color scheme, wooden floors, and furniture make it easy on the eye. Each of the two bedrooms has comfy bedding and soft lighting, allowing you to sleep soundly at night. A number of closets and drawers also help you keep everything organized during your stay.

What guests are saying about their stay:

“We had a wonderful stay in Oscar’s beautifully restored flat in this historic building. We enjoyed exploring one of the hippest neighborhoods in Madrid and appreciate all of Oscar’s suggestions for activities, meals, shopping and rooftops! Our arrival plans changed several times and Oscar was flexible and patient with us. We had great communication and he even arranged one of the finest taxi rides to the airport for us upon our departure. The flat was well appointed, comfortable beds, fantastic shower, and a washing machine to do some laundry. Thank you Oscar and we will definitely stay again on our next visit!” - by Vivian (Fort Walton Beach, Florida)

Stayed at this property?
Madrid, Comunidad de Madrid, Spain
1.87 km (1.2 mi) from El Retiro Park
78 reviews   Superhost Wifi Available
ENTIRE RENTAL UNIT 2 Beds 4 Guests 2 Bedrooms 1 Bathroom

Accommodates: 4

Top guest reviews
Host:
oscar is a brilliant host with excellent recommendations
but more important oscar is the best airbnb host i've ever had
he was always available and very helpful
oscar is an amazing host - quick to respond and a wealth of local knowledge
oscar is a very hospitable flexible and kind person always replies immediately to all questions and requests
Location:
fantastic apartment in an ideal location
it’s in a perfect location to get anywhere in madrid on foot
amazing location in the midst of what is probably the coolest neighbourhood in madrid
cozy apartment excellent service and perfect location
Cleanliness:
the flat is clean and very well equipped
very clean cozy and modern and has everything you need
the apartment is clean comfortable and extremely well located
Amenities & Room:
beautiful apartment with many amenities that made us feel at home
Read more reviews

3. Four-bedroom apartment with sleek furnishings (from USD 2062)

Family Friendly Good Neighborhood Good Location

Peaceful and relaxing are two words that best describe this apartment that is just a six-minute walk away from Retiro Park, the second-largest in the city. The interior is adorned with paintings and potted plants, paired with sturdy wooden furniture and thick carpets. Three bathrooms, double sinks, and hygiene essentials are also available to help everyone stay tidy and cool.

You can’t miss the smart TV with pay channels and Netflix in the middle of the open living area, which also gets plenty of natural light through the large windows. There is also a well-equipped kitchen with brand-new appliances to help you prepare fresh meals every day.

What guests are saying about their stay:

“The apartment is fantastic. The location is the best in Madrid, and it has everything you need to spend a few good days. The mattresses are of very good quality , TV movistar + , good speed internet, very quiet building. We will be back!!!” - by Guillermo (Lerma de Villada, Mexico)

Stayed at this property?
Madrid, Spain
799 meters (0.5 ft) from El Retiro Park
145 reviews   Superhost Wifi Available
ENTIRE RENTAL UNIT 7 Beds 8 Guests 4 Bedrooms 3 Bathrooms

Accommodates: 8

Top guest reviews
Host:
great host experience very helpful and quick responses
great place and rafael is an amazing host
heima homes is a wonderful host and can be expected to respond in a timely fashion
great host nice home very nice location very easy to move around
Location:
excellent location & beautiful apartment
great location two blocks away from el retiro park
being so close to the park was great
great apartment and easy walk to everything central
the apartment location was very convenience close to great shopping and nearby good and nice restaurants
Cleanliness:
great quality apartment very clean excellent location
the accommodations were stylish and very clean
Amenities & Room:
air conditioning was a great oasis after seeing the city during the day
the apartment was big and spacious with great amenities and very clean
the place is as promised and extremely comfortable with a great tv and coach to chill out
comfortable beds and easy check in
we had a great stay at the apartment
Read more reviews

4. Home Cinema Puerta del Sol (from USD 650)

Good Location Family Friendly

This luxury apartment is a definite stand-out, with the best amenities present even within a limited space. Situated right in the heart of Madrid, you’ll be close to some of the city’s famous attractions, restaurants, and shops. Five bedrooms and four baths allow ten guests to stay comfortably here.

The apartment has stylish carpets, retro paintings, and thick curtains that provide shade and privacy, making it aesthetically appealing. With amenities including a fully equipped kitchen, Wi-Fi access, an open-plan dining area, and even mood lighting, I’m sure you’ll feel right at home here. The living room gets plenty of sunlight and features a projector TV, which provides a true cinematic experience.

What guests are saying about their stay:

“They don’t make apartments like this anymore! It has old world European charm with all the modern amenities. The ceilings were so tall that it made the huge space feel even more spacious. It was comfortable for our group of 8 (2 families of 4) with room to spare. We joked that we needed roller skates to get from one end to the other. The location was ideal, right in the heart of the city, steps away from major sites with easy access to transit. Wonderful stay, would recommend!” - by Grace (Seattle, Washington)

Stayed at this property?
Madrid, Spain
2.07 km (1.3 mi) from El Retiro Park
189 reviews   Superhost Wifi Available
ENTIRE RENTAL UNIT 8 Beds 10 Guests 5 Bedrooms 4 Bathrooms

Accommodates: 10

Top guest reviews
Host:
the host was very helpful and responsive
host was helpful and provided several recommendations for dining and site seeing
the host was very good and always there if needed
miguel was also an excellent host
a responsive host that gave us recommendations directions and suggestions for things to do and see in madrid
Location:
the location was excellent
excellent location also
great apartment great location that is central to everything
excellent location and beautiful penthouse
great location too in walking distance to most tourist spots
Cleanliness:
such a perfect and clean appartment
very spacious well equipped and clean
everything has been recently renovated and everything was very clean
words cannot describe how beautiful clean and awesome location is the apartment
everybody was extremely exhausted but we were so comfortable being in such a clean and spacious apartment
Amenities & Room:
perfect size rooms with plenty of closet space and privacy from the main living area 2
the 4 bedroom 4 bathroom apartment was extremely comfortable for me and my family (6 people total)
fabulous apartment exceeded our expectation
miguel was great and the apartment was perfect for our two families
really enjoyed the stay with heima apartment that could fit in we 9 people group
Read more reviews

Madrid Tour Guide

sandra lopez

Sandra Lopez

Hi! I'm Sandra, a tour guide from Madrid. I was born and raised in the city center of the capital, so I know every single corner of my favourite city in the world. I have two years of experience as a guide and I love my job, I am very sociable and I am passionate about showing Madrid to everyone. I love history and I am an art expert thanks to the Prado Museum courses.

Tours by Sandra

Madrid Tour Guide

Patricia Knabe

Patricia Knabe

Hi! I am a photographer that’s triying to go ahead in filming as a cinematographer. Very social person that has experienced the Madrid during the "Transicion", "Movida Madrileña" and the LGTB movement. Love to show my city in a special way with all the history and improvements that are happening today. I´ve experienced the gay revolution since the early years and I´m very passionate about it! ... Read more

Tours by Patricia

5. Upscale apartment with a pool table (from USD 730)

Family Friendly Good Location

This upscale apartment boasts plenty of excellent design details — from the hardwood flooring to the focused lighting. With two bathrooms and seven beds, up to a dozen guests can be accommodated here.

The apartment also features an open-plan dining and living area, where I’d love to play a game of pool, enjoy movies and shows on the smart TV, or just lounge and enjoy the view from the private balcony. Guests will also enjoy the apartment’s other conveniences, including a well-equipped kitchen and Wi-Fi access.

What guests are saying about their stay:

“The apartment was perfect for our family of 6 (our kids are all 18+). The apartment was nicely stocked with all the necessary things in the kitchen. The AC worked well, which was great given how hot it was in Madrid. The neighborhood was centrally located and we could walk to everything which is nice. The owner was very helpful. Great experience.” - by Michael L.

Stayed at this property?

1.78 km (1.2 mi) from El Retiro Park
9 reviews   Wifi Available
Apartment 12 Guests 5 Bedrooms 2 Bathrooms

Accommodates: 12
Minimum Nights: 3
Refund Policy : 100% refund if you cancel at least 14 days before check-in.

Top guest reviews
Host:
the owner was easy to contact if we had questions
great location in the city center the property owner is always open to provide any help and services
Location:
easy to walk around the central area of madrid
it was an ideal property and location to explore madrid
great place at a fantastic location
because of its central location we were able to walk to all of the tourist attractions
Read more reviews

6. DIWAN Suite (from USD 637)

Family Friendly Good Location

This apartment is located in the central district and can host up to 10 people. Each of the four bedrooms comes with a plush bed and a private bathroom, so nobody has to compete for shower space. There is even an extra bathroom for the guest area. The apartment also has wooden furniture complemented by the bright and glamorous chandelier lighting.

To complement these historic touches, the apartment features amenities that are definitely modern. There is a large TV, comfy couches, and a wide array of kitchen appliances for ease of cooking. You also get air conditioning and heating for extra comfort and warmth.

What guests are saying about their stay:

“We thoroughly loved our stay at this elegant and comfortable apartment in Old Madrid! It exudes charm and character with the tiles, arched doorways, and chandeliers, and the bathrooms and kitchen are modern and convenient. The apartment is very clean and had every amenity we needed to enjoy our stay. It is also close to the Metro and local attractions and restaurants. Owner is very responsive and available. We would definitely stay here again!” - by Christine W., (King of Prussia, Pennsylvania)

Stayed at this property?

1.39 km (0.9 mi) from El Retiro Park
8 reviews   Wifi Available
Apartment 10 Guests 4 Bedrooms 5 Bathrooms

Accommodates: 10
Minimum Nights: 2
Refund Policy : 100% refund if you cancel at least 30 days before check-in.

Top guest reviews
Host:
the host dalia is absolutely wonderful
hosts (sherif) couldn’t have been more helpful
dalia was super nice informative and courteous
dalia was a great host and the check in/ check out was simple easy and accomodating
it was very clean and the owner was very helpful and accommodating with our travel delays
Location:
the location is also wonderful
Cleanliness:
all very clean and beautiful decor
Read more reviews

7. Well-furnished apartment with a skylight (from USD 535)

Good Location Family Friendly

Exposed wooden beams and a beautiful kitchen display give this three-bedroom apartment its contemporary charm, with a mix of both rustic and elegant elements. Of course, the apartment is also filled with modern amenities to ensure a comfortable stay.

You and your loved ones can relax on the massive couches and watch Netflix on the TV. I’d suggest using the brand-new appliances in the kitchen to cook hearty meals. With enough space for a total of six guests, the three bedrooms boast pretty patterned sheets and carpets, bronze artworks, and a private bathroom. Additional touches like a skylight, washer, and marble floors add to the home’s unique style.

Stayed at this property?

2.02 km (1.3 mi) from El Retiro Park
4 reviews   Wifi Available
Apartment 6 Guests 3 Bedrooms 3 Bathrooms

Accommodates: 6
Minimum Nights: 0
Refund Policy : 100% refund if you cancel at least 14 days before check-in.

Top guest reviews
Location:
quiet apartment beautifully decorated has everything you need in the apartment
Read more reviews

8. Bright and welcoming apartment with tall ceilings (from USD 580)

Good Location Family Friendly

Sitting near the Puerta de Alcala arch, this beautiful apartment is a treat for small families and groups. The interior has sleek furnishings, hardwood floors, tall ceilings, and tasteful details including the carpets, wall paintings, and pottery. You’ll love the clean whites and soft colors that soothe your eyes after a long day outside.

The kitchen boasts a spacious bar-type counter, so you can easily host and prepare delicious meals for your companions. With three bedrooms, as many as five other guests can stay with you at the apartment. Each of the three bedrooms is also stylish and well-appointed, with large closets and plush beds to keep you and your loved ones cozy every night.

What guests are saying about their stay:

“Great flat, well furnished, super comfortable stay. Black out shades was a nice touch for Jetlag. Another huge bonus is the living room is far from the bedrooms and has a door separating for noise. Was great for kids. Retiro Park near and still close to the city center with a little walking” - by Ryan B.

Stayed at this property?

837 meters (0.6 ft) from El Retiro Park
6 reviews   Wifi Available
Apartment 6 Guests 3 Bedrooms 4 Bathrooms

Accommodates: 6
Minimum Nights: 2
Refund Policy : 100% refund if you cancel at least 14 days before check-in.

Top guest reviews
Host:
the owner and owner’s rep were very responsive and on top of it
Cleanliness:
i also arranged for housekeeping because i am not on vacation to cook and clean
Read more reviews

9. Spacious apartment with polished wooden floors and marble staircase (from USD 539)

Good Location Family Friendly

I think the polished wooden floors and marble staircase will be the first things you notice when you enter this elegant apartment. Filled with five-star amenities and high-end decor, you can enjoy your stay here in comfort and luxury. The apartment is spacious and features four bedrooms, each tastefully decorated with bright linen and furnishings.

There are also four marble-tiled bathrooms, providing enough space for up to eight of you and your loved ones to feel completely comfortable. Feel right at home and lounge in the living area that comes with a flat-screen TV or prepare your favorite meals in the fully equipped kitchen. Located right beside Retiro Park, the Prado Museum, and the bustling Calle Serrano, you can easily go for a scenic walk, learn about Spanish art and culture, or even shop until you drop.

Stayed at this property?

360 meters (0.3 ft) from El Retiro Park
3 reviews   Wifi Available
Apartment 8 Guests 4 Bedrooms 4 Bathrooms

Accommodates: 8
Minimum Nights: 7
Refund Policy : 100% refund if you cancel at least 60 days before check-in.

10. Elegant villa with a private hot tub (from USD 2565)

Private Pool Private Hot Tub View Work Travel Family Friendly

This stunning villa in central Madrid is a luxurious retreat for large families or groups. It has five spacious bedrooms, two with en-suite bathrooms. The well-decorated living area includes an elegant chandelier, a comfortable sofa, and a work desk.

You can swim in the private saltwater pool, beside which there’s a comfortable canopy bed draped in white curtains and beanbags on the grass. The private hot tub is ideal for easing your muscles after a tiring day. Later, enjoy al fresco meals with your loved ones. The property also offers beautiful mountain and city skyline views. Plus, it provides convenient access to Madrid’s top attractions, like the IFEMA Fairgrounds.

What guests are saying about their stay:

“The house was perfect, we a family of 5 & a little dog stayed & thoroughly loved it. The house had everything you could want & need, it was comfortable and well set out! The best bit was the pool and garden area! Much better than the photos show! The lift room was huge and although a little warm very comfortable still. The other rooms & bathrooms were basically perfect for us! Raquel was also amazing, we booked it last minute as what we originally booked hasn’t worked out & im so glad as this place was much better!…” - by Suzanne

Stayed at this property?
Madrid, Comunidad de Madrid, Spain
8.65 km (5.4 mi) from El Retiro Park
23 reviews   Superhost Wifi Available
ENTIRE HOME 9 Beds 10 Guests 5 Bedrooms 4 Bathrooms

Accommodates: 10

Top guest reviews
Host:
raquel was amazing i had a problem at home and she was very flexible and helpful great host
really nice house with lovely rooms and a lovely garden host was very responsive
Cleanliness:
the beds were comfortable and the home itself was sparkling clean
Amenities & Room:
the wifi was strong and dependable
Read more reviews

11. Classic brick villa with a private pool

Family Friendly Good Neighborhood Private Pool

This villa is another level of upscale living, boasting top-notch amenities and a stunning design that you’ll be hard-pressed to find anywhere else. The brick exterior helps the house stand out among the sea of mansions in El Viso, one of the richest neighborhoods in Madrid.

The villa’s interiors are just as luxurious, with huge couches, well-maintained floors, and antique furniture. There are 10 plush beds in 5 bedrooms, allowing up to 12 guests to sleep in comfort. Each of the rooms, bathrooms and kitchen at the villa is exquisitely decorated and well-equipped. It also has a gorgeous outdoor pool to help you cool off on warmer days.

Stayed at this property?
Madrid, Comunidad de Madrid, Spain
2.91 km (1.9 mi) from El Retiro Park
68 reviews   Superhost Wifi Available
ENTIRE HOME 10 Beds 12 Guests 5 Bedrooms 4 Bathrooms

Accommodates: 12

Top guest reviews
Host:
the staff was very professional as well
the host was really nice helpful and flexible
paloma is an excellent host
paloma was such a wonderful host and so helpful
host was great - very nice and welcoming and helpful
Location:
location very good for shopping and restaurants nearby too
awesome house in one of the finest areas of madrid and close to the centre
beautiful home walkable to the city
Cleanliness:
the house and pool was nice and clean and the kitchen was well equipped
well maintained clean and best of all----the hot water was abundant
the house was gorgeous stylish sparkling clean and still so cozy warm and inviting
this house is incredible the location the amenities spot clean and all the thoughts details for a pleasant stay
Read more reviews

Live luxuriously in the vibrant city of Madrid

Whether it’s strolling through the historical parks or visiting the palaces, Madrid has no shortage of sights to see and things to enjoy. You can indulge in delicious cuisine, buy souvenirs, or watch a live football match, too. To make the most of your trip, be sure to book a stay at any of the above luxury rentals in Madrid, Spain.

Any must-sees we missed? Tell us about them in the comments section or write a post here to help out fellow travelers!
Disclosure: Trip101 selects the listings in our articles independently. Some of the listings in this article contain affiliate links.

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Aly is an ever-curious wanderer who enjoys constantly learning and exploring the world. With more than five years of experience as a travel writer based in Manila, she enjoys writing about her...Read more

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