VTC360

Costs

How much does a private hire licence cost in Madrid?

The VTC360 index puts the price of a VTC licence in Madrid at around €145,500 in July 2026, with an approximate range of €135,000–€156,000 and a sample of 20 verified transactions and offers (n=20). The complete series, month by month and showing year-on-year changes, can be found at the Madrid index.

Within that range, the following factors are the main drivers of price in Madrid:

  • Revenue history. This is the market with the highest demand for platforms in Spain; a licence certifying 12–18 months of verified turnover underpins the upper end of the range.
  • The structure. Individual licence, a company holding the licence, or a bundle of several licences: purchasing a company may optimise the transaction for certain buyers.
  • The vehicle. If included, its classification (ECO/CERO), age and mileage are key factors that can significantly affect the price.
  • Current tenancy. With a tenant paying regular rent, the licence is sold as an investment product.

The current listings in the province, with their certification levels clearly displayed, can be found at licences in Madrid.

The living price reference is the VTC licence price index: by province and month by month, with sample and source.

LAST REVIEWED · Jul 19, 2026 — VTC360 guide: general criteria, not advice for your specific case.

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