21,4 €/m²
Average Rental Price
DISTRICT RETIRO
Landlord Guide: Renting Out Your Flat in the Retiro District
The Retiro district is synonymous with elegance, calm and quality of life. With the iconic park as its green heart, this district offers an oasis of peace right in central Madrid, making it one of the most desirable and prestigious areas to live in.
For a landlord, owning a property in Retiro means holding an asset of exceptional value. In this guide, we break down the market's key features by neighbourhood so you can maximise your investment's returns with total security.
RETIRO IN NUMBERS
Up-to-date market data
4.1%
Average Gross Yield
High-Income Families and Professionals
Main Tenant Profile
Very High
Rental Demand
TENANT PROFILE
Tenant Profile in Retiro
In the Retiro district, a high-income tenant profile predominates.
We're talking mainly about established families and senior professionals, both Spanish and expat, who value calm, security and proximity to prestigious schools and the emblematic Retiro Park. They look for spacious, bright, high-quality homes, and are willing to pay a premium rent for them. Solvency isn't usually an issue; their main requirement is impeccable management and a property that lives up to their expectations.
Unmatched Quality of Life and Prestige
Having Retiro Park as your garden is one of Madrid's greatest luxuries. The district's quality of life, security and prestige attract the most solvent, stable tenants, guaranteeing a smooth, long-term rental relationship.
The Best Services and Schools
The district is home to some of the best schools, hospitals and the most select dining and retail offer (especially in the Ibiza neighbourhood). This makes it the ideal place for high-standing families, a very low-risk tenant profile.
A Safe-Haven Asset
A property in Retiro isn't just an investment, it's a safe-haven asset. Demand is so high and supply so limited that its value not only holds, but tends to keep appreciating. It's one of the safest property investments in Europe.
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Want to see how our service works in practice? Hit Play and we'll explain how our deep knowledge of Retiro and our Guaranteed Rent Plan come together to safeguard your investment in one of the capital's most exclusive districts.
THE NEIGHBOURHOODS
A Walk Through the 6 Neighbourhoods of the Retiro District
The district's most monumental and exclusive neighbourhood, and one of the most prestigious in all of Madrid. Home to the Prado Museum, the Jerónimos church and the grandest part of Retiro Park. Renting a flat here means offering a piece of Madrid's history. The tenant is of a very high standing, often international, seeking luxury, culture and discretion.
Known for its incredible dining offer, Calle Ibiza and its surroundings have become one of the city's most important culinary boulevards. It's a vibrant, lively neighbourhood, but with a family-friendly, safe atmosphere. It attracts high-income professionals and families who want to enjoy the best of Madrid a step from the park.
Located at the southern edge of the district, Pacífico is a more traditional, accessible neighbourhood. It offers an excellent quality of life, with every service and superb transport connections thanks to its proximity to Atocha and Avenida Ciudad de Barcelona. It's ideal for families and professionals seeking Retiro's quality of life at slightly more competitive prices.
An eminently residential, calm neighbourhood with large green spaces. It's known for its spacious homes, developments with services and its family atmosphere. It's the preferred choice for families with children looking for quality schools and the security of an established residential setting, without giving up proximity to the centre.
It's probably the most family-oriented and sought-after neighbourhood for those with children. It owes its name to the prestigious Niño Jesús University Children's Hospital and has some of the best schools in the area. Its direct access to the park and quiet streets make it an oasis for families seeking the highest quality of life in Madrid.
The southernmost neighbourhood and the one that has changed the most in recent years, with new modern housing developments. It offers an excellent connection to the M-30 and is a very smart option for tenants seeking a recently built property with every amenity, at a more affordable price than other parts of the district.
REVIEWS
Landlords who no longer have to worry
“The flat is rented to a family who wanted to be close to the park and the area's dining offer. They've never missed a payment, and dealing with Youhomey has been flawless from day one.”
Alejandro V.
Owner in Ibiza
“We took our time choosing the tenant because the neighbourhood has so much demand from families with children. We found parents looking for a nearby school, and they've been here three years without any thought of moving.”
Pilar G.
Owner in Niño Jesús
“My flat in Pacífico rented almost immediately thanks to the connection to Atocha. It's the part of Retiro with the best balance between price and demand, and the rent arrives religiously every month.”
Ignacio R.
Owner in Pacífico
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