---
title: "Madrid Class A submarkets"
description: "All 5 Class A submarkets we track in Madrid — tier, average rent, and tenant profile."
canonical: https://classa.info/cities/madrid/neighborhoods-overview
pageType: city-topic
lastUpdated: 2026-04-15T00:00:00.000Z
license: "CC BY 4.0 with attribution to Class A Atlas (https://classa.info)."
---

> Madrid has 5 distinct Class A submarkets we track, anchored by Castellana & AZCA at the trophy tier.

## TL;DR

- 5 submarkets covered.
- Trophy tier: Castellana & AZCA, Cuatro Torres.
- Prime tier: Méndez Álvaro / Atocha.
- Established/emerging tier: Las Tablas & Arroyofresno, A-1 / Las Tablas.

# Madrid Class A submarkets

**Madrid has 5 distinct [Class A](/glossary/class-a) submarkets we track, anchored by Castellana & AZCA at the [trophy tier](/topics/trophy-asset-selection).**

## TL;DR

- 5 submarkets covered.
- Trophy tier: Castellana & AZCA, Cuatro Torres.
- Prime tier: Méndez Álvaro / Atocha.
- Established/emerging tier: Las Tablas & Arroyofresno, A-1 / Las Tablas.

## By tier

**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.

**Méndez Álvaro / Atocha** (prime, ~€32/sqft/yr · ≈ $34.6 PSF/yr USD) — Southern transport-hub Class A cluster.

## Key facts

| city | Madrid|
| country | Spain|
| region | EMEA|
| classARentLocal | €38/sqft/yr · ≈ $41 PSF/yr USD|
| classARentUsd | $41/sqft/yr|
| vacancy | 8.6%|
| typicalLeaseYears | 7|
| typicalRentFreeMonths | 14|
| submarkets | 5|
| primeYieldPct | 4.6%|
| trophyCount | 2|
| primeCount | 1|

## Frequently asked questions

****How many Class A submarkets are in Madrid?****
: 5, ranging from trophy (Castellana & AZCA) down to established and emerging clusters.

## Editorial provenance

Reviewed by [**Samuel Okafor**](/about/authors/samuel-okafor) — EMEA contributing editor. Last updated 2026-04-15. See our [methodology](/about/methodology) and [editorial standards](/about/editorial-standards).

### Primary sources for this page

- [CBRE Marketview reports](https://www.cbre.com/insights) — CBRE
- [JLL Office Insight](https://www.jll.com/en/trends-and-insights) — JLL
- [Cushman & Wakefield Marketbeat](https://www.cushmanwakefield.com/en/insights) — Cushman & Wakefield
- [Savills World Research](https://www.savills.com/research_articles/) — Savills
- [Colliers Global Office Outlook](https://www.colliers.com/en/research) — Colliers

[Full sources index](/about/sources) · [Submit a correction](/about/corrections)

## Related topics

- [**Trophy Asset Selection**](/topics/trophy-asset-selection) — How to identify and evaluate trophy Class A assets for a flagship requirement.

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