Spain’s largest and most populous city, Madrid, is also one of the most visited in Europe. Visiting corporates can rely on the serviced apartments in Madrid making business travel that much easier.
Serviced apartments in Madrid offer corporates visiting the city for business a place to stay that they can call home. Unlike cheap Madrid hotels or holiday lets, serviced accommodation in the city truly caters to the needs of visiting corporates. This is evident based on what is included in a stay each of these properties.
For instance, our high-quality aparthotels in Madrid include a fully-equipped kitchen, on-site washing facilities and spacious dining and living rooms. Guest can also expect to have their stay complimented by a minimum bi-weekly housekeeping service and access to free Wi fi. These are just the minimum features guests can expect, as each of Situ’s Madrid apartments are hand-picked and sourced with corporate travellers in mind.
Bookers can afford to be picky, deciding whether they want a stay to include free parking, whether their bedrooms include en-suite bathrooms, whether the living areas have flat-screen TVs, or whether the property has a garden. The options are countless with our luxury apartments in Madrid.
Madrid is Spain’s central capital city, populated by over three million people. The larger metropolitan area has a population of almost seven million, making Madrid the second largest EU city and most populous Spanish city. Madrid is also the capital of what is known as the Community of Madrid. This is one of the seventeen Spanish autonomous communities that is based right at the heart of the Iberian Peninsula.
Despite being so central and founded as early as the 9th century, Madrid only officially became the Spanish capital in 1606. It is certainly the most major central city, with Seville and Malaga over 300 miles away to the south, Valencia 215 miles away to the west and Bilbao 250 miles away in the north of Spain. The country’s second-largest city, Barcelona, is the furthest away from Madrid; almost 400 miles to the northeast.
The number of expats living and working in Madrid is significant. 20% of the city population were born in another country and over six million people from overseas visit the Spanish capital every year. This is partially possible thanks to the Adolfo Suárez Airport, which supports the travel in and out of the city of over sixty million people. Thankfully, there is plentiful Madrid accommodation based near this facility, enabling easy business travel to and from the city.
Expats doing business in Madrid is certainly not uncommon, and this is due to the city’s impressive economic and business climate. Million of corporates are moving to Madrid every year to take advantage of a local economy GDP that accounts for around 20% of the overall national economy. The city also already has the highest concentration of businesses in Spain.
In fact, out of all of the largest companies in Spain, almost 75% are based in the Spanish capital. The Forbes Global 2000 ranking even states that two of every three Spanish companies that made the list of the world’s largest public companies are based in Madrid. National and overseas companies see big potential with relocating or starting up fresh in Madrid. It is not just corporate events in Madrid that are attracting expats to the city, with the city receiving around 80% of Spain’s total foreign investment. Companies understand that the region has an incredible reach to a market of over 1.3 billion people throughout Iberia, Europe, North Africa, Latin America and the Mediterranean.
It is important to relocating corporates that the city is liveable too – and that is the case. After all, more then 10% of the city population is made up of foreigners. The capital also continues to perform strongly on indexes regarding the quality of life, safety and preferred places to live and work, thus confirming that a living and working in Madrid is very much possible – especially for those expats staying in luxury rentals in Madrid.
Yes, tourists who have stayed in Madrid admit the city can be hectic and fast-paced with busy rush hours. Nevertheless, the Spanish capital is also beautiful, with there being so much to see and such a unique city culture to embrace.
The cost of living is affordable compared to other major European cities and the public transport options are extensive, meaning enjoying this city for what it is, is easy. Furthermore, Madrid is also notoriously known as one of the safer cities, encouraging corporates and tourists alike to visit all year round. Perhaps the most popular gathering and meeting spot is the Plaza Mayor. There is a real elegance about what was a place previously for royal ceremonial events. Nowadays the array of lovely Madridista cafes, restaurants and shops here make the plaza a popular place for business meetings and social get-togethers. Worth visiting too is the Puerta del Sol, which is deemed to be the heart of the city, a hub of public transportation and one of the livelier locations in Madrid.
As far as attractions go, arguably the two most visited are the Prado Museum and the Royal Palace of Madrid. The ‘Nacional del Prado’ is Spain’s main art museum, based right in the city centre within walking distance of the beautiful Parque de El Retiro. Some deem Prado to home one of the finest collections of art in the world, and the fact that around three million people visit every year tells you all there is to know about this extraordinary museum. The Royal Palace, however, is the largest of its kind (by floor area) across the whole of Europe. For 11 euros visitors can enter the beautiful Palace, that incredibly has more than 3,000 rooms, and enjoy a 45-minute tour. Considered to be Spain’s most significant Baroque Palace, it is worth having a look when you have some free time.
All in all, do remember that there is so much to see in the city that we could spend all day talking about, but to see it all for yourself be sure to at either long term or short term rentals in Madrid.
Trailing only behind Paris’ Charles de Gaulle, Madrid Airport is the second largest airport in Europe. With four terminals and four runways, the city’s main airport also has the highest rate of passenger traffic in the country.
This airport is really handy for corporates who have booked stays in luxury apartments in Madrid city centre. It is only around 15 miles northeast of the heart of Madrid, meaning travel to and from the airport is quick.
Since opening its first line as early as 1919, the Madrid Metro system is now made up of 13 lines and over 300 metro stations. It is easily the quickest mode of transport in Madrid and enables rapid inner-city travel. It is over 180 miles long, making it the seventh longest metro system in the world.
The Metro is in operation from 6 am till 2 am. To travel via the Metro, you need to buy a Multi ‘top-up’ Card. It only costs around £3 and enables multiple people to travel together on the Metro and buses.
Madrid Cercanías is the name of railway service that serves the capital of Spain. Connecting with bus services, these trains offer an alternative way to reach much of the city. Trains typically running 20 hours a day Monday to Friday. Be aware that train arrival frequency and ticket prices vary depending on the zone that you are travelling from.
Whilst they may not be as quick as trains, the over 2,000 buses services in the city ensure all areas of Madrid are accessible. The 200 different bus lines collectively incorporate around 10,000 stops in Madrid. Included in that there are around 25 night buses lines too.
We recommend buying a Metrobús ticket (average price of around £11) that allows 10 bus or metro trips to be redeemed. This is perfect for regular public transport users needing to travel between work locations and studio apartments in Madrid.