Begoña Gómez rents inherited Madrid flats for €2,200

Begoña Gómez, wife of Spain's PM, rents two inherited properties in Madrid to foreign tenants for over €2,000 each.

English · Original discussion in Spanish · Published

Begoña Gómez rents inherited Madrid flats for €2,200
Begoña Gómez rents out inherited apartments by the room

Begoña Gómez, vvife of the Prime Minister, owns at least two properties in the Madrid real estate market inherited from her father, Sabiniano Gómez. One is a fourth-floor apartment of over 100 square meters on Calle del Prado, in the heart of the Barrio de las Letras and near the Congress of Deputies. It is rented by the room to two foreign master's students paying €2,200 per month plus utilities. The other, the family home in Pozuelo de Alarcón where the couple lived before moving to La Moncloa, is rented for over €2,000 to an Asian couple, according to published reports.

The detail is significant. Renting by the room yields the highest return for owners in tensioned areas, and this building hosts several tourist accommodations. The homeowners' association, which includes Gómez herself, is aware of this activity.

What is known about the Calle del Prado flat

The property is a well-maintained fourth-floor apartment of over 100 square meters in a historic building nearly 50 years old. The two tenants are university master's students occupying separate rooms. The total price, €2,200 monthly plus utilities, is unaffordable for most Spanish students.

The location enhances the asset's value: Calle del Prado is in the Golden Mile of the Barrio de Las Letras, next to Plaza de Santa Ana and close to the Congress headquarters. It is one of the capital's most expensive and tourism-pressured zones.

The building with tourist flats and the community

Several active tourist apartments exist in the same block. Various investors have renovated homes for travelers, fueling neighborhood gentrification. The homeowners' association knows of this activity, and foreign visitors are common in the stairwells.

The paradox is evident: while the Prime Minister announced decrees to regulate seasonal and room rentals, imposing a 10% tax on tourist flats to combat speculation, the family assets operated under these same formulas in a tensioned area.

Inherited assets and pending ownership transfer

Sabiniano Gómez, Begoña's father, remains the registered owner of part of the family real estate two years after his death. Neither Begoña nor her brother, Miguel Ángel Gómez, has completed the change of ownership in the Land Registry, a situation that has not stopped rental income.

According to reports, the origin of these assets lies in sauna businesses and adult entertainment venues run by their father in Madrid. The family also allegedly exploited a property in the Centro district with 14 rooms offered daily or weekly on tourist portals.

Sánchez and Begoña: luxury landlords

The couple owns several rented properties in Madrid. The Pozuelo home, in an urbanization with padel courts, pool, and green areas, was previously rented to an American tenant and now to an Asian couple for over €2,000. The preference for foreign tenants amid a shortage of public housing has fueled criticism.

Pedro Sánchez promised his second term would focus on housing. Data suggests he has built less public housing than any predecessor, while his family operates as private landlords. The contradiction between discourse and financial results is central to the issue and shows no signs of resolution.

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Summary of a discussion on Burbuja.info - Foro de economía, actualidad y política., translated from Spanish and reviewed before publication. Read the full discussion (27 replies).

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