Cheap flights from Madrid to Thera from $126

The cheapest month to fly to Thera from Madrid is in January. Flight prices, which tend to average around $270, are often lower during this time because this is during the off-season. If you don’t want to visit Thera in January, then you should wait until February to fly from Madrid, when ticket prices are also cheap, with an average price of $306.

Fly from Madrid Barajas to Thera Santorini for the best Madrid Barajas - Thera Santorini flight prices

You are more likely to see cheaper flights to Thera from Madrid when booking weeks ahead of your departure date. In general, you can expect to find flights to Thera for around $359 when searching weeks out. However, flight prices might be lower outside of this timeframe. For example, people recently found flights to Thera from Madrid for as low as $243 on momondo.

There is only 1 cabin class available to choose from on Madrid to Thera flights. Cabin price and availability will vary by airline so perform a search above to find the right deals for you.

You could potentially save up to 53% on your flight if you consider stops on a Madrid to Thera flight.

As of November 2026, prices for Madrid to Thera flights are approximately 64% more expensive when compared to flights at the same time last year.

Historically, on average around 16% of flights between Madrid and Thera have experienced a delay on any given week. The average delay length over the past 12 months has been 126 minutes.

Generally, flights departing in the evening tend to experience fewer delays. Flights in the early afternoon have, in the past, seen delays more frequently in comparison.

Wednesday is statistically the day of the week which experiences the fewest number of delays on this flight route. Friday has historically seen more delays on average compared to the rest of the week.

According to our data, Iberia have had the least number of delays on this route over the last 12 months; with about 16% of their flights experiencing any sort of delay.