Castellana & AZCA (trophy, ~€45/sqft/yr · ≈ $48.6 PSF/yr USD) is one of 5 Madrid Class A submarkets we track.

  • Castellana & AZCA sits at trophy tier.
  • Average rent €45/sqft/yr · ≈ $48.6 PSF/yr USD vs city average 38.
  • Compared submarkets: Cuatro Torres (trophy), Las Tablas & Arroyofresno (established), A-1 / Las Tablas (established).

Castellana & AZCA vs other Madrid submarkets

Castellana & AZCA (trophy, ~€45/sqft/yr · ≈ $48.6 PSF/yr USD) is one of 5 Madrid Class A submarkets we track.

TL;DR

  • Castellana & AZCA sits at trophy tier.
  • Average rent €45/sqft/yr · ≈ $48.6 PSF/yr USD vs city average 38.
  • Compared submarkets: Cuatro Torres (trophy), Las Tablas & Arroyofresno (established), A-1 / Las Tablas (established).

Side-by-side with peers

**Cuatro Torres** (trophy, €50/sqft/yr · ≈ $54 PSF/yr USD) — Spain's largest contiguous trophy floor plates. **Las Tablas & Arroyofresno** (established, €28/sqft/yr · ≈ $30.2 PSF/yr USD) — Decentralized Class A campus market. **A-1 / Las Tablas** (established, €28/sqft/yr · ≈ $30.2 PSF/yr USD) — Northern back-office and tech corridor. **Méndez Álvaro / Atocha** (prime, €32/sqft/yr · ≈ $34.6 PSF/yr USD) — Southern transport-hub Class A cluster.

Key facts

cityMadrid
submarketCastellana & AZCA
tiertrophy
averageRentLocal€45/sqft/yr · ≈ $48.6 PSF/yr USD
cityClassARentUsd$41/sqft/yr
cityVacancyPct8.6%

Frequently asked questions

What other submarkets compete with Castellana & AZCA in Madrid?
Cuatro Torres, Las Tablas & Arroyofresno, A-1 / Las Tablas

Related

Editorial provenance

Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

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