Where do government and public affairs 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 government and public affairs occupiers run in Madrid?

Typically high-end at $160–235/sqft.

How much office space per seat should a government and public affairs occupier plan in Madrid?

Plan ~240 sqft per seat blended. A 100-person team typically takes 24,000 sqft.

What NAICS codes describe the government and public affairs vertical?

Representative NAICS 2022 codes: 813, 541820.

What is the talent index in Madrid?

78/100. Use the city profile for full detail.

Government and public affairs occupiers in Madrid typically cluster in Méndez Álvaro / Atocha, plan ~240 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 ~240 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.

Government and public affairs office space in Madrid

Government and public affairs occupiers in Madrid typically cluster in Méndez Álvaro / Atocha, plan ~240 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 ~240 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

Government and public affairs 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 government and public affairs 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 240 sqft per seat blended (workstation + circulation + amenity). A 100-headcount public office in Madrid typically targets 24,000 sqft of leasable area.

Talent angle

Lobbying and public-affairs teams cluster near legislative anchors; long-duration leases and conservative concession packages are normal. 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

city	Madrid
industry	Government and public affairs
naics	813, 541820
preferredSubmarket	Méndez Álvaro / Atocha
preferredFitoutSpec	High-end
fitoutBand	$160–235/sqft
sqftPerSeat	240
classARentLocal	38 EUR/sqft/yr
classARentUsd	$41/sqft/yr
vacancyPct	8.6%
typicalLeaseYears	7
typicalRentFreeMonths	14
talentIndex	78
corporateTaxPct	25%

Frequently asked questions

Where do government and public affairs 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 government and public affairs occupiers run in Madrid?: Typically high-end at $160–235/sqft.
How much office space per seat should a government and public affairs occupier plan in Madrid?: Plan ~240 sqft per seat blended. A 100-person team typically takes 24,000 sqft.
What NAICS codes describe the government and public affairs vertical?: Representative NAICS 2022 codes: 813, 541820.
What is the talent index in Madrid?: 78/100. Use the city profile for full detail.

Editorial provenance

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

Primary sources for this page

CBRE Marketview reports — CBRE
JLL Office Insight — JLL
Cushman & Wakefield Marketbeat — Cushman & Wakefield
Savills World Research — Savills
Colliers Global Office Outlook — Colliers

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