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Top 5 property management companies in Madrid
Looking for the best property management companies in Madrid? A reliable property management company can help you optimize rental returns, stay compliant, and ease day-to-day management in Spain’s capital.
This article will walk you through the top 5 property management companies that you can work with in Madrid.
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Why work with a property management company in Madrid?
Madrid’s rental market is vibrant yet complex – with rising demand, shifting regulations (especially around short-term rentals), and rising owner expectations.
From advertising to tenant screening to maintenance and compliance with Spanish tenancy and licensing laws, managing a rental unit can be time-consuming and risky if done alone.
Hiring a professional manager helps you handle everything: local market pricing, lease processes, regulatory filings, maintenance coordination, and monthly reporting – whether you’re a local or non-resident owner.
The 5 best property management companies in Madrid
These are our top picks for the best property management companies in Madrid, based on client reviews, overall services, and number of properties managed.
1. Savills Spain
A globally known real-estate services firm, Savills Spain4 offers full property-management services in Madrid – covering residential and commercial portfolios, lease management, maintenance, tenant relations and compliance.
With decades in Spain and strong Madrid presence, they’re ideal for owners who want premium service and access to investment-grade standards.
2. ENGEL & VÖLKERS Madrid – Property Management
ENGEL & VÖLKERS Spain5 has recently enhanced its landlord-management service in Madrid. They highlight “complete property management” for owners looking to optimise returns, reduce hassle, and leverage the agency’s brand and network.
If you own mid-to-premium units in Madrid, this is a strong choice.
3. BARNES Madrid – Property & Asset Management
BARNES Madrid3 offers high-end property management including rent collection, tax/financial oversight, property maintenance, and wealth-management integration.
They cater to investors with premium assets and provide a concierge-type approach, especially in the upscale barrios of Madrid.
4. Dflat Madrid – Specialist in Madrid property management
Dflat Madrid2 is a Madrid-specialist firm focused on managing rental units (short and long-term) in the city.
They emphasise that they work only in Madrid, which enables deep local coverage, tailored services, and direct local attention. They offer basic packages (documentation, tenant finding) plus full-service options (cleaning, maintenance, payment management).
5. Peace of Mind Madrid – Rental & Property Management
Peace of Mind Madrid1 offers owner-management services starting from 8% of rental income + VAT, covering rent collection, payment management, emergency repairs and lease administration.
Good fit for owners who want a value-oriented, straight-forward service in Madrid, particularly for long-term rentals.
Madrid property-management snapshot
- Regulation & licensing: Spain (and Madrid in particular) has increased scrutiny of short-term rentals; listings must include the correct licencia de alquiler turístico number and platforms are required to block unlicensed properties
- Fees: Property-management fees in Madrid commonly range 10–15% of rental revenue6, depending on services included and whether the property is short-term or long-term
- Scope of services: Typical full-service management covers tenant search, lease paperwork, rent collection, inspections, maintenance coordination, payments to contractors, insurance liaison and asset-reporting
Using the right manager can reduce vacancies, standardise maintenance, mitigate regulatory risk (especially for short-term rentals) and provide regular income statements for tax and planning.
Think of your property manager as your “boots on the ground,” being the first point of contact for your tenants and your eyes on the health of your property, allowing you to focus on other areas of your life or business.
How to choose the best property management company in Madrid
The best property management company in Madrid truly is the best one for your specific needs. To find the right fit for you and your portfolio, we suggest checking these key components:
- Check local expertise: Choose a company that knows Madrid’s barrios, tenant trends and local regulations (including tourist-rental licensing)
- Clarify service inclusions & fees: Understand exactly what’s included in the management fee (tenant-search, inspections, maintenance) and what extra costs apply
- Ask for sample owner reports: Ensure you’ll receive occupancy stats, income/expenses, maintenance logs and VAT/ tax summaries
- Check compliance support: For short-term rentals especially, confirm the manager handles licensing, platform listing registration and stays within permitted nights
- Look at reviews and case studies: Check online reviews, ask for other Madrid owner references, and look at properties similar to yours
With Spain’s strict rental laws, choosing a partner who can deliver consistent service is critical for the long-term success of your business.
Bottom line
Madrid offers a dynamic rental market – whether you own a city-centre apartment or a suburban townhouse. The right property-management company will help you maximise returns, minimise stress and stay on the right side of Spain’s evolving regulations.
If you’re an overseas investor managing finances internationally, using a payment platform like Wise can simplify operations.
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Sources
- Peace of Mind Madrid – Property Management
- Dflat Madrid – Property Management Madrid
- BARNES Madrid – Property Management
- Savills – Property Management
- ENGEL & VÖLKERS Madrid – New Service for Landlords
- PTI returns – Property Management Spain
Sources checked 12/15/2025
*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.
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