# Méndez Álvaro / Atocha, Madrid — Class A submarket

> Méndez Álvaro / Atocha is a prime-tier Class A submarket of Madrid with average asking rent around €32/sqft/yr · ≈ $34.6 PSF/yr USD.

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

## TL;DR
- Southern transport-hub Class A cluster.
- Prime tier — ~€32/sqft/yr.
- Strong Class A inventory.

## Key facts
- **city**: Madrid
- **neighborhood**: Méndez Álvaro / Atocha
- **tier**: prime
- **averageRentLocal**: €32/sqft/yr · ≈ $34.6 PSF/yr USD

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