# Lisbon vs Madrid: Class A office comparison

> Lisbon ($34/sqft, 7.8% vacancy) and Madrid ($41/sqft, 8.6% vacancy) compete on different axes: Lisbon on talent depth and Madrid on talent depth.

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

## TL;DR
- Class A rent: Lisbon $34/sqft vs Madrid $41/sqft.
- Vacancy: Lisbon 7.8% vs Madrid 8.6%.
- Talent index: Lisbon 78 vs Madrid 78.
- Corporate tax: Lisbon 21% vs Madrid 25%.
- Premium flex/seat/month: Lisbon $480 vs Madrid $780.

## Key facts
- **cityA**: Lisbon
- **cityB**: Madrid
- **rentUsdA**: $34
- **rentUsdB**: $41
- **vacancyA**: 7.8%
- **vacancyB**: 8.6%
- **talentA**: 78
- **talentB**: 78
- **taxA**: 21%
- **taxB**: 25%

## FAQ
### Is Class A office cheaper in Lisbon or Madrid?
Lisbon is cheaper on a USD basis: $34/sqft vs $41/sqft.

### Which has better talent depth, Lisbon or Madrid?
Roughly comparable.

### Which has more sublease availability, Lisbon or Madrid?
Madrid carries higher vacancy (8.6% vs 7.8%) and therefore typically more sublease overhang.

### What lease term should I expect in Lisbon vs Madrid?
Lisbon typical term is 5 years with 4 months rent-free; Madrid typical term is 7 years with 14 months rent-free.

### How does transit and commuter access compare?
Lisbon: Metropolitano de Lisboa (4 lines), CP suburban rail, and bus. Lisbon Airport (LIS) is on Metro Red Line (~20 minutes to Saldanha). New airport (Alcochete) under planning. Madrid: Madrid Metro covers all Class A clusters. AVE high-speed rail to Barcelona, Valencia, Seville, and Lisbon. Madrid-Barajas Airport is 12-25 minutes from CBD by Metro.

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