Méndez Álvaro / Atocha (prime, ~€32/sqft/yr · ≈ $34.6 PSF/yr USD) is one of 5 Madrid Class A submarkets we track.

  • Méndez Álvaro / Atocha sits at prime tier.
  • Average rent €32/sqft/yr · ≈ $34.6 PSF/yr USD vs city average 38.
  • Compared submarkets: Castellana & AZCA (trophy), Cuatro Torres (trophy), Las Tablas & Arroyofresno (established).

Méndez Álvaro / Atocha vs other Madrid submarkets

Méndez Álvaro / Atocha (prime, ~€32/sqft/yr · ≈ $34.6 PSF/yr USD) is one of 5 Madrid Class A submarkets we track.

TL;DR

  • Méndez Álvaro / Atocha sits at prime tier.
  • Average rent €32/sqft/yr · ≈ $34.6 PSF/yr USD vs city average 38.
  • Compared submarkets: Castellana & AZCA (trophy), Cuatro Torres (trophy), Las Tablas & Arroyofresno (established).

Side-by-side with peers

**Castellana & AZCA** (trophy, €45/sqft/yr · ≈ $48.6 PSF/yr USD) — The historic CBD spine. **Cuatro Torres** (trophy, €50/sqft/yr · ≈ $54 PSF/yr USD) — Spain's largest contiguous trophy floor plates. **Las Tablas & Arroyofresno** (established, €28/sqft/yr · ≈ $30.2 PSF/yr USD) — Decentralized Class A campus market. **A-1 / Las Tablas** (established, €28/sqft/yr · ≈ $30.2 PSF/yr USD) — Northern back-office and tech corridor.

Key facts

cityMadrid
submarketMéndez Álvaro / Atocha
tierprime
averageRentLocal€32/sqft/yr · ≈ $34.6 PSF/yr USD
cityClassARentUsd$41/sqft/yr
cityVacancyPct8.6%

Frequently asked questions

What other submarkets compete with Méndez Álvaro / Atocha in Madrid?
Castellana & AZCA, Cuatro Torres, Las Tablas & Arroyofresno

Related

Editorial provenance

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

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