Aerospace and defence occupiers in Madrid typically cluster in Méndez Álvaro / Atocha, plan ~210 sqft per seat at high-end fit-out ($160–235/sqft), and pay around 38 EUR/sqft ($41 USD) on Class A.

  • Preferred submarket: Méndez Álvaro / Atocha.
  • Typical fit-out spec: High-end ($160–235/sqft).
  • Plan ~210 sqft per seat for headcount sizing.
  • Class A rent context: 38 EUR/sqft ($41 USD).
  • Typical lease: 7 years with 14 months rent-free.
  • Talent depth in Madrid: 78/100.

Aerospace and defence office space in Madrid

Aerospace and defence occupiers in Madrid typically cluster in Méndez Álvaro / Atocha, plan ~210 sqft per seat at high-end fit-out">fit-out ($160–235/sqft), and pay around 38 EUR/sqft ($41 USD) on Class A.

TL;DR

  • Preferred submarket: Méndez Álvaro / Atocha.
  • Typical fit-out spec: High-end ($160–235/sqft).
  • Plan ~210 sqft per seat for headcount sizing.
  • Class A rent context: 38 EUR/sqft ($41 USD).
  • Typical lease: 7 years with 14 months rent-free.
  • Talent depth in Madrid: 78/100.

Where they cluster

Aerospace and defence occupiers in Madrid typically anchor in Méndez Álvaro / Atocha. Energy, insurance, transport, technology, BPO.

What they pay

Class A rent in Madrid runs 38 EUR/sqft ($41 USD) on a 7-year lease with 14 months free. Prime submarkets sit at or modestly above the city index.

Spec and fit-out

Typical aerospace and defence fit-out targets high-end specification at $160–235/sqft. Branded reception, full client-facing programming, premium furniture, and specialist AV are standard.

Headcount sizing

Plan around 210 sqft per seat blended (workstation + circulation + amenity). A 100-headcount aero/defence office in Madrid typically targets 21,000 sqft of leasable area.

Talent angle

Programme leadership and contracting teams concentrate near government anchors; cleared-personnel logistics drive submarket selection. Iberian peninsula's deepest financial-services and tech talent pool. Average all-in compensation indexes 78.

Tax and lease context

Headline corporate tax: 25%. Standard 5-year lease with 5-year extension option (5+5). Rent indexed to CPI annually. Service charges billed separately. Tenant typically pays IBI (real estate tax) and basura (waste tax). Bank guarantee of 3-6 months standard.

Key facts

cityMadrid
industryAerospace and defence
naics3364, 5415
preferredSubmarketMéndez Álvaro / Atocha
preferredFitoutSpecHigh-end
fitoutBand$160–235/sqft
sqftPerSeat210
classARentLocal38 EUR/sqft/yr
classARentUsd$41/sqft/yr
vacancyPct8.6%
typicalLeaseYears7
typicalRentFreeMonths14
talentIndex78
corporateTaxPct25%

Frequently asked questions

Where do aerospace and defence occupiers lease office space in Madrid?
Most cluster in Méndez Álvaro / Atocha. Rent runs ~38 EUR/sqft ($41 USD) for trophy and prime stock.
What fit-out spec do aerospace and defence occupiers run in Madrid?
Typically high-end at $160–235/sqft.
How much office space per seat should a aerospace and defence occupier plan in Madrid?
Plan ~210 sqft per seat blended. A 100-person team typically takes 21,000 sqft.
What NAICS codes describe the aerospace and defence vertical?
Representative NAICS 2022 codes: 3364, 5415.
What is the talent index in Madrid?
78/100. Use the city profile for full detail.

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Editorial provenance

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

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