Big tech occupiers in Madrid typically cluster in Méndez Álvaro / Atocha, plan ~160 sqft per seat at high-end fit-out ($160–235/sqft), and pay around 38 EUR/sqft ($41 USD) on Class A.
Big tech occupiers in Madrid typically cluster in Méndez Álvaro / Atocha, plan ~160 sqft per seat at high-end fit-out">fit-out ($160–235/sqft), and pay around 38 EUR/sqft ($41 USD) on Class A.
Big tech occupiers in Madrid typically anchor in Méndez Álvaro / Atocha. Energy, insurance, transport, technology, BPO.
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.
Typical big tech fit-out targets high-end specification at $160–235/sqft. Branded reception, full client-facing programming, premium furniture, and specialist AV are standard.
Plan around 160 sqft per seat blended (workstation + circulation + amenity). A 100-headcount big tech office in Madrid typically targets 16,000 sqft of leasable area.
Engineering campuses gravitate to creative-class submarkets adjacent to public transit, universities, and dense talent housing. Iberian peninsula's deepest financial-services and tech talent pool. Average all-in compensation indexes 78.
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.
| city | Madrid |
|---|---|
| industry | Big tech |
| naics | 518210, 541511, 541512 |
| preferredSubmarket | Méndez Álvaro / Atocha |
| preferredFitoutSpec | High-end |
| fitoutBand | $160–235/sqft |
| sqftPerSeat | 160 |
| classARentLocal | 38 EUR/sqft/yr |
| classARentUsd | $41/sqft/yr |
| vacancyPct | 8.6% |
| typicalLeaseYears | 7 |
| typicalRentFreeMonths | 14 |
| talentIndex | 78 |
| corporateTaxPct | 25% |
Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.