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Since January, 2014, there is a flat taxi fare from or to the airport, which is 30 euros. This applies going from the airport to the M-30 loop or from the M-30 loop to the airport. No add-ons are permitted for the taxi, such as an extra charge for luggage. When getting into a taxi, tell the driver that you will need a receipt, which many business travelers ask for. This will keep the taxi driver honest, because if the taxi driver charges more than the 30 euros, one can denounce him to the authorities and he may lose his license.
This regulation has been made by the Madrid City Hall. The M-30 is a motorway that circles the central districts of Madrid.
Pick-ups and drop-offs outside of the M-30 will be charged a minimum of 20 Euros.
The main page for taxi fares in Madrid is the following:
|If you are unable to understand Spanish try this Google Translation|