Studying abroad in Madrid as an Erasmus student is an incredible opportunity to experience one of Europe’s most vibrant cities, and the best part is that you don’t need to spend a lot of money to enjoy it; Madrid is full of free activities, cultural experiences, and unique spots that will let you make unforgettable memories while staying on budget.
Relax at El Retiro Park
- The most famous park in Madrid.
- Perfect for a picnic, a walk, or just hanging out with friends.
- Free activities: rowing boats on special free days, enjoying street performers, or watching the sunset.
Visit Museums for Free
Many museums in Madrid offer free entry on certain days/times:
- Prado Museum – Free every day 6–8 PM (Sundays 5–7 PM).
- Reina Sofía – Free Monday to Saturday 7–9 PM, Sundays 12:30–2:30 PM.
- Thyssen-Bornemisza – Free Mondays 12–4 PM.
Perfect opportunity to enjoy world-class art without spending money.
Discover Madrid’s Monuments
- Palacio Real – Free entry Mon–Thu 4–6 PM (Oct–Mar) and 6–8 PM (Apr–Sep) for students from the EU or Latin America.
- Catedral de la Almudena – Free access (donation recommended).
- Walking around Plaza Mayor, Puerta del Sol, and Gran Vía costs nothing and gives you a true Madrid vibe.
Join Free Cultural Festivals
Madrid is full of cultural events and festivals all year round:
- San Isidro (May) – parades, concerts, and traditional activities.
- La Noche en Blanco – art and performances across the city.
- Carnival & Christmas lights – festive spirit for free.
Erasmus associations also organize free activities for students.
Enjoy Free Concerts & Street Performances
- Many bars and cultural centers (e.g., Conde Duque) have free music events.
- In summer, there are free open-air concerts in parks and plazas.
- Street musicians make Gran Vía and Puerta del Sol feel like an open-air stage.
Explore Neighborhoods by Walking
- Malasaña – vintage shops and street art.
- Lavapiés – multicultural vibe and free exhibitions in La Tabacalera.
- La Latina – perfect for strolling on Sundays (El Rastro flea market).
Best Free Views of Madrid
- Templo de Debod – magical sunsets.
- Círculo de Bellas Artes rooftop (sometimes free with student promos, otherwise €5).
- Parks like Cerro del Tío Pío (Parque de las Siete Tetas) give panoramic views of the city for free.
Welcome to Madrid! the best city for your Erasmus 🎉
Remember to follow us in our social medias!
Check out our latest posts!
- Día de la Hispanidad in Madrid: Celebrate Spain’s National Day Like a Local!
- How to Balance Erasmus Life: Family, Friends, Studies & Fun
- Surviving Madrid’s Climate as an Erasmus Student
- Best Outlets & Markets in Madrid: A Guide for Erasmus Students
- Madrid’s Green Escape: Best Parks & Gardens
- Bravas Fest Madrid 2025 – The Ultimate Guide
