Studio with exterior balcony, 10 minutes walking from IE Business School

(Ref. 88338)
This property has been personally verified by:Javi, Spotahome Homechecker
650 € per month
First payment
null €
One-time reservation fee
You won’t be charged yet
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  • If the landlord cancels your booking within 48 hours from your move in date, we will either A) pay for a hotel and help you find somewhere new, or B) refund your money in full.
  • If the property isn’t the same as what our listing promised, you have 24hrs after you move in to ask to be relocated.
MadridStudios for rentCalle Nuñez de Balboa
  • Overview
  • House rules
  • Pricing & availabilities
  • Neighborhood


Located in the upscale district of Salamanca on Calle Nuñez de Balboa, this exterior studio is an ideal choice for students. Salamanca is known to be THE luxurious neighborhood of Madrid with its streets lined with brand-name stores, but this studio is located in a calmer area and enjoys a rather local and residential atmosphere. The 35 m2 flat is perfect for those studying at IE Business School, as the school is located a 10 minute stroll away. The studio itself has everything one needs to live comfortably; the A/C unit, ample storage space, flat-screen TV, and a exterior balcony all create a relaxing space for tenants to focus on their studies. Tenants will love coming home to this simple yet well-equipped studio at the end of their school day!

This apartment is located on the 4th floor of a building which is equipped with an elevator. It has an A/C unit for cooling, central heating, and electric water heating. You can dry your clothes on racks inside the apartment. The price of rent includes central heating but does NOT electricity and water. The minimum lease for this apartment is 300 days (10 months).

Property features

Washing machine
Equipped kitchen
Balcony or terrace
Smoking allowed
Electric water heating
Drying rack

What we liked the most

  • The best feature of this studio is the exterior balcony; it has views of the street and the colorful buildings that surround the apartment.
  • The studio is simple yet very well-equipped; there is even A/C unit to keep tenants nice and cool during the hot Madrid summers.
  • The studio is located in the neighborhood of Salamanca, which is undoubtedly one of the nicest districts of Madrid. Tenants will feel safe walking around even at nighttime.
  • There is ample storage space in this compact studio; there are built-in drawers and cabinets in all rooms, so tenants will have more than enough space to store all their belongings.
  • The studio has a pull-out bed in addition to a single bed to host overnight guests.
  • There is a flat-screen TV that comes with the apartment.

Things to keep in mind

  • The bed doubles as a couch; if the tenant wishes, he/she can use the pull-out bed for sleeping and the bed on top as a couch.
  • The desk can double as a dining table; there are 2 chairs that tenants can use when having a meal.

House rules

Pets are not allowed
Smoking allowed

Landlord policies

The English speaking landlord doesn't live on the property and requires 1 month rent as a deposit for stays of 10 months or under and 2 months deposit for stays of more than 11 months. Smoking is permitted and pets are not allowed. Rent can be paid via bank transaction.

Pricing & Availability

Available: January 1, 2020
Calendar not recently updated
Minimum stay: 10 months (300 days).
No maximum stay
Type of contract: daily
Good news! The month you move in and the month you move out, you will only pay for the days that you have booked.
Learn more about contract types
Cancellation type: standard

Canceling your stay with Spotahome? Here’s what you need to know:

a) The good news: if you cancel your booking 61 days (or more) before your move-in date, we promise to refund 100% of your first payment.

b) If you cancel 31 to 60 days before your move-in date, we will refund 50% of your first payment. The other 50% will be given to the landlord.

c) If you cancel your stay within 30 days of your move-in date, 100% of your first payment will be given to the landlord.

d) The bad news: once your booking is accepted by the landlord, you cannot recover your one-time reservation fee at any point.


Council Taxincluded
Electricitynot included
Waternot included
Gasnot included

Neighborhood & Transportation

Neighborhood information


Yourchic, upscale heaven


Chic. Posh. Upscale. You can enjoy the finer things in life here.

With world-class restaurants, chic cafés and expensive boutiques, Salamanca is the "Upper East Side" of Madrid. No wonder members of the Spanish royal family live here.

Want a 1st-class experience?

Salamanca is for you.

What can I do here?

If you have the money, try Ramón Freixa Madrid.

It's a Michelin-rated restaurant. Apparently it's yummy…. There's a menu called "A soft and continuous trip through our universe in 25 moments." Just saying it sounds good. One day, friend, one day.

Spend rivers of cash (or go window shopping) at the boutiques on the Paseo de la Castellana.

Calle José Ortega y Gasset is home to names like Louis Vuitton, Christian Dior and Dolce&Gabbana. Just don't forget your suitcase full of money.

If that sounds expensive, and it is, meet your friends in a chic café instead. Enjoy the bitter aroma of freshly ground coffee beans. Plan your first million.

Portal fact

In Salamanca, you'll see lots of elegant wooden doors made in the 19th century. Refined.

Can I afford it? €€€€ (the most expensive per m² in Spain)

Get in touch:


The apartment is a a 5-minute walk from the Nuñez de Balboa metro station (lines 5 and 9). The IE Business School is a 10-minute stroll.