Bilbao to Madrid trains might be a good value for money solution: travelling in Spain by train is often rather cheap and faster than taking a bus indeed Trains leave from Bilbao-Abando Indalecio Prieto and arrive at Madrid-Puerta De Atocha, Madrid-Chamartin every about 3 hours on average. If travelling with Renfe, you need to know the Bilbao to Madrid train schedule: the first train leaves at 06:30, while the last ride is at 17:00. A Bilbao to Madrid train cost about 15.05 €. But how long is the train ride from Bilbao to Madrid? Your journey takes about 15 hours on average. Renfe offers 2 direct trains between these two cities. Thanks to Renfe, offers, you can save on your trip from Bilbao to Madrid and find low cost tickets starting from 15 €! When booking your train ticket a few weeks in advance though, you can find low cost trains from Bilbao to Madrid with fares starting from 15.05€, saving up to 44%.