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This&nbsp;<a href="https://www.casita.com/student-accommodation/spain/madrid" target="_blank">Madrid student housing</a>&nbsp;is in the heart of the city. It is close to several shops and restaurants. The Museum of Garment (Museo del Traje) and the Museum of the Americas is within walking distance. It takes only 5 minutes to reach the Jiménez Díaz University Hospital.&nbsp;This building has Wi-Fi throughout, 24/7 CCTV + security, on-site maintenance and management teams, laundry, a fully-equipped gym, vending machines, 5 study rooms and a communal room with a TV, Play Station and books. It also offers all-inclusive bills, home-made food, weekly cleaning service, mail collection service, secure bike storage, car parking and printing service. Each room has an air conditioning and heating system, an en-suite bathroom, USB ports and plenty of storage.

About El Faro Student Accommodation

Location

Deposit: serves to protect and guarantee compliance with the terms and clauses of the contract, fundamentally non-payments, and any possible problem that may occur in the room during the course. If at the end of the contract everything is fine, this amount will be refunded. It is a total of €1,000 for stays of more than 4 months that will be paid when confirming your place in the residence.Enrollment: €240 management fees

Payment Terms

1- Penalties for Unjustified cancelation:<h2 dir="ltr" style="font-weight: bold;">If the resident cancels their contract early without a justified reason, financial penalties apply as follows&nbsp;</h2><ul style=""><li dir="ltr" style="">Cancellations between September 1 and January 16: The resident must pay the full cost of the remaining stay up until January 16.</li><li dir="ltr" style="">Cancellations after January 16 until the original move-out date: The resident must pay the full cost of the remaining stay until the originally agreed end date.&nbsp;</li><li dir="ltr" style="">Non-Refundable Fees: Enrollment and Deposit fees are non-refundable after the contract begins, regardless of early termination.</li></ul>2. Justified Reasons for Termination:&nbsp;Early termination may be considered justified in specific cases, provided the resident submits official documentation:<ul style=""><li dir="ltr" style="">Relocation for Studies: The resident must submit an enrollment document from an institution in a different province, and termination must be requested before move-in.</li><li dir="ltr" style="">Medical Conditions: Serious health issues affecting the resident or close family members (up to second-degree kinship).</li><li dir="ltr" style="">Other Documented Reasons: The residence management may consider additional reasons justified at its sole discretion based on the submitted documentation.</li></ul>3. Penalties for Justified Termination:<ul style=""><li dir="ltr" style="">Even if termination is justified, some financial responsibilities remain:<ul style=""><li dir="ltr" style="">Full Month's Rent: The resident must pay the full rent for the month of cancellation.</li><li dir="ltr" style="">Non-Refundable Enrollment Fee: The Enrollment fee remains non-refundable in all cases.</li><li dir="ltr" style="">Refund of Deposit: The Deposit may be refundable if there are no outstanding charges for unpaid rent, borrowed materials, or damages to the room and facilities.</li></ul></li></ul>3. Finding a Replacement:<ul style=""><li dir="ltr" style="">If the resident or Yugo finds a replacement tenant who can occupy the room for the remaining term, the resident is only responsible for the stay up until the day before the new tenant’s start date.</li><li dir="ltr" style="">Non-Refundable Fees: The Enrollment and Deposit fees remain non-refundable as per the contract.</li></ul>The above cancellation policy is a synopsis of the property’s cancellation policy. There could be a few changes incorporated from time to time. Hence, we recommend you review the full Accommodation Contract for a comprehensive understanding of their cancellation policies.

Cancellation Policy

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It is a 9-minute walk to <a href="https://www.casita.com/student-accommodation/spain/madrid/san-pablo-university" target="_blank">San Pablo University</a>, a 10-minute walk to <a href="https://www.casita.com/student-accommodation/spain/madrid/saint-louis-university-madrid-campus" target="_blank">Saint Louis University, Madrid Campus</a> and an 11-minute walk to the <a href="https://www.casita.com/student-accommodation/spain/madrid/complutense-university-of-madrid" target="_blank">Complutense University of Madrid</a>. There are many transport links nearby, including buses and metro, which allow you to reach your destinations easily.&nbsp;

El Faro Student Accommodation

Absolutamente recomendable, sobre todo gracias al impecable y eficiente trabajo de la subdirectora, que nos ayudó en todo de manera rápida, amable y eficaz incluso en su tiempo libre

I have not been in my life, but since Google insists on monitoring me, I will say that my parents live across the street, and when they built it they had reservations that the resident students were noisy or disrespectful. None of that, a ten for you university students!

Very well cared facilities and very good service

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Rooms with easy-to-use differently-able facilities are available.

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Air Conditioning

Central Heating

Free regular cleaning of communal areas and in-room cleaning is for an extra charge.

Cleaning Service

Pool table, tennis table or games console in a shared area/room.

Communal Games Room

On-site laundry facilities to wash & dry your clothes without having to leave the building.