The Spanish real estate market has experienced a strong boom in recent years, attracting both investors and new residents. The wide range of opportunities offered by cities across the country, particularly Madrid, has led to a sharp rise in demand in both the property and rental markets.
Barnes, the firm that named Madrid the world capital of luxury real estate in 2025, has carried out a study on premium rental homes in the city's most exclusive areas. It found that average monthly rents range between €3,000 and €8,000, with some properties reaching as much as €25,000 per month.
The real estate agency manages rentals across the capital but highlights four standout areas. In the Retiro district, the average monthly rent for luxury properties reaches €7,843, followed by the Salamanca neighbourhood, with an average rent of €5,081 per month. Next are the Chamberí district and the Centre, where average monthly rent stands at €3,293 and €3,076, respectively.
The highest recorded rental price was in the Jerónimos neighbourhood, where a luxury home was let for an exceptional €25,000 per month.
Tenants with high purchasing power
Almost half (47%) of those able to afford luxury rental prices in Madrid come from outside Spain.
Of this group, 30% are from South America – well ahead of North America (9%) and Asia (8%).
Among property owners letting out luxury homes, 86% are Spanish. The remaining 14% are from Venezuela, Guatemala, Mexico, Germany, France, Russia or Morocco.
Lastly, it’s worth noting that 54% of luxury renters in Madrid are men, while 46% are women.
Game, set and match: luxury homes with tennis courts on idealista
In the world of exclusive real estate, luxury properties are defined by more than just design and finishes. Discerning buyers seek experiences, privacy and spaces that align with their lifestyle. As a result, luxury homes with tennis courts have become highly sought after. In this article, we present a curated selection of luxury homes for sale featuring tennis courts.