4 keys to finding a rental apartment in Madrid

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If you are going to move to Madrid or simply want to become independent, you are probably thinking about renting an apartment . Madrid is a city with many opportunities and a lot of charm, but it is also one of the most expensive cities in Spain to live. For this reason you have to know how to start looking for an apartment to try to find the most economical option for you. In this article we tell you 4 keys to finding a rental apartment in Madrid.

FIND YOUR IDEAL APARTMENT FOR RENT
1. How to start looking for a rental apartment in Madrid?
The first thing you have to do is decide when you want to start looking for the apartment. This will depend on when you need it, if it is to start the course, that is, in September, or if it is at another time of the year. You have to know that the best time to rent an apartment in Madrid is during the summer months. This is because students return to their homes after finishing the course and leave the apartments in which they were renting vacant. On the other hand, during the months of September and October is when there is more demand for apartments and it will be more difficult to find one.

To know how to rent an apartment , you can turn to real estate portals and agencies, since they Chinese Overseas America Number Data will advise you and find the apartment that best suits your needs in the shortest time possible. But, if you want to do it on your own, you can ask your network of contacts if they know anyone who has an apartment to rent.

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2. Set a budget
Before making a decision it is very important that you are clear about what budget you have . This will make your search easier since you will know what type of apartments you can opt for and, above all, what area of ​​Madrid you can live in. The city of Madrid has many apartments for rent but they tend to have a fairly high price due to the high demand. That is why it is important that you establish a budget to see what type of floors you can afford.

You also have to keep in mind that at first you will have to face large expenses such as the deposit for the apartment, which is usually equivalent to one month's rent, and, if you have hired a real estate agency, you will have to pay their fee. . In addition, you have to add to the monthly rental price all extra expenses for electricity or water, in addition to other day-to-day expenses such as food, transportation, etc.

Therefore, we recommend that you establish a realistic budget to know if you meet the requirements to rent an apartment . You have to take into account what your monthly income will be and what part of it you will need to cover all the expenses related to the rent. This way you will know what prices you can afford to be able to safely pay each month's installments.

3. Make a prior visit to the apartment
One of our recommendations is that before renting, visit the apartment in person , as long as you have the opportunity to do so. This way, you will ensure that the apartment meets your expectations and the characteristics you have seen in the advertisement. And thus, you will be able to check in more detail if it has defects or inconveniences that make it not fit what you are looking for.

Also, if you have the opportunity to meet the owner during the visit, you will gain more trust with him and that will give you more peace of mind when living in his home, since if you have any problem you may have, it will be more comfortable for you to talk to him. .

In addition, this will ensure that it is not a scam , since sometimes, apartments that are priced too low with very good features are frauds or apartments in which the owner really hides a major flaw.



4. Review the contract well
Once you have found the ideal apartment for you, it will be time to officially rent it. In order to carry out the contract, they will ask you: DNI, latest payslips, deposit the deposit and have a solidarity guarantee (optional). That is why it is recommended that you have everything prepared to speed up the process.

Once the documents have been delivered, the signing day will take place. That day you should review the rental contract very carefully to check that there are no clauses that you have not previously agreed with the owner and that could harm you. If you do not agree with any point of the contract, you will have to inform the owner or real estate agency so that it can be modified.