# Financial services office space in Madrid

> Financial services occupiers in Madrid typically cluster in Castellana & AZCA, plan ~220 sqft per seat at trophy fit-out ($235–350/sqft), and pay around 38 EUR/sqft ($41 USD) on Class A.

**Canonical URL:** https://classa.info/cities/madrid/industries/financial-services
**Page type:** city-industry
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Preferred submarket: Castellana & AZCA.
- Typical fit-out spec: Trophy ($235–350/sqft).
- Plan ~220 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.

## Key facts
- **city**: Madrid
- **industry**: Financial services
- **naics**: 52
- **preferredSubmarket**: Castellana & AZCA
- **preferredFitoutSpec**: Trophy
- **fitoutBand**: $235–350/sqft
- **sqftPerSeat**: 220
- **classARentLocal**: 38 EUR/sqft/yr
- **classARentUsd**: $41/sqft/yr
- **vacancyPct**: 8.6%
- **typicalLeaseYears**: 7
- **typicalRentFreeMonths**: 14
- **talentIndex**: 78
- **corporateTaxPct**: 25%

## FAQ
### Where do financial services occupiers lease office space in Madrid?
Most cluster in Castellana & AZCA. Rent runs ~38 EUR/sqft ($41 USD) for trophy and prime stock.

### What fit-out spec do financial services occupiers run in Madrid?
Typically trophy at $235–350/sqft.

### How much office space per seat should a financial services occupier plan in Madrid?
Plan ~220 sqft per seat blended. A 100-person team typically takes 22,000 sqft.

### What NAICS codes describe the financial services vertical?
Representative NAICS 2022 codes: 52.

### What is the talent index in Madrid?
78/100. Use the city profile for full detail.

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Citation: Source: Class A Atlas (https://classa.info/cities/madrid/industries/financial-services), updated 2026-04-15T00:00:00.000Z.