Madrid ranks as a Europe's top nomad destination - Flatio
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Madrid ranks as Europe's premier destination for digital nomads

27. june 2024 · 1 minute

In our fast-changing world, technology erases boundaries and reshapes how many of us work. Digital nomads, modern wanderers, have made the globe their workplace. With their ranks swelling, they seek the ideal destination: a city with dependable Wi-Fi, cozy work spots, diverse culture, stunning landscapes, and rich history to explore during breaks. Yet, with endless options, deciding where to head next can be a task in itself. Now, a UK money-transfer service has analyzed data to identify Europe's top cities for remote workers.

MoneyTransfers.com, as reported by Sunday Times, conducted a study comparing over 20 popular cities based on factors like co-working spaces, broadband speed, accommodation and cappuccino costs, and available attractions. They concluded that Madrid, Spain, tops the list.

Madrid

Jonathan Merry from MoneyTransfers.com highlights Madrid's appeal to professionals, citing its affordable living costs with an average nightly accommodation cost of £89.20, ranking third cheapest overall. Despite low living expenses, Madrid offers high-speed broadband and approximately 185 co-working spaces. Additionally, the city has unique bars, restaurants suitable for work, and over 3,500 leisure activities.

Other cities

Barcelona comes in second, offering 186 modern co-working spaces, high-speed internet, and a bustling atmosphere with nearly 5,000 activities. Following closely is Bucharest, Romania's capital, hailed as a hidden treasure with affordable housing, lightning-fast internet, and ample entertainment options.

Find perfect apartments for rent in Madrid

Here's the full top 10 ranking of cities for digital nomads: 

Edinburgh emerges as the lowest-ranked among the 20 cities listed, partly because of its notably high accommodation costs, surpassing even those of London.

Flatio: Deposit-free rentals around the world

At Flatio, we provide digital nomads with rental accommodations for rent in over 300 destinations worldwide. We offer visa-friendly lease agreements, flexible, and reasonably priced stays starting from 5 days, and a variety of remote work-friendly options including rooms, flats, houses, and villas.

Our rentals include utilities and Wi-Fi, with no deposit required for stays under 180 days unless required by local laws.

Our balanced lease agreements are available in multiple languages, and we ensure a hassle-free experience with an attractive cancellation policy, online lease signing, StayProtection services for emergencies, a Move-in Guarantee with 24/7 support, 100% money protection, no hidden fees, and a secure payment system that even accepts Bitcoin.

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