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House rental for multinational executives increases at a pace of 40% in Madrid

The renting of properties for multinational executives is growing in Madrid at a pace of 40%, according to the estimates of Home Select after an analysis of the ore than 1000 leases signed through this form in 2016.

Locations such as the Barrio de Salamanca and Chamberí are the ideal for the executives due to their proximity to business centres, but growth is comparatively greater equally in the Central zone and in Chamartín.

The client profile registering more corporate reservations at Home Select is that of an executive between 35 and 50 years of age, travelling without family. In respect of nationalities, 35% are Europeans, 25% Latin American and 40% other nationalities – included in the latter are Spanish executives in transit who also use this premium service.

As to prices, there is a band between 2,500 and 6,000 euros a month depending on the range of services, location and dimensions..

The executives who use Home Select can choose from furnished properties decorated to a high standard with utilities included.

Among the services included can be highlighted the personal concierge, welcome pack and permanent assistance. Additional services available on request are cleaning, laundry and transfer on arrival and departure. The concept is that clients have a home, but  with the services and comforts of a luxury hotel.