---
title: "Amsterdam vs Madrid: Class A office comparison"
description: "Side-by-side Class A office comparison for Amsterdam and Madrid — rent, vacancy, talent, tax, lease norms, transit, and top submarkets."
canonical: https://classa.info/compare/amsterdam-vs-madrid
pageType: comparison
lastUpdated: 2026-04-15T00:00:00.000Z
license: "CC BY 4.0 with attribution to Class A Atlas (https://classa.info)."
---

> Amsterdam ($54/sqft, 7.2% vacancy) and Madrid ($41/sqft, 8.6% vacancy) compete on different axes: Amsterdam on talent depth and Madrid on rent and tax.

## TL;DR

- Class A rent: Amsterdam $54/sqft vs Madrid $41/sqft.
- Vacancy: Amsterdam 7.2% vs Madrid 8.6%.
- Talent index: Amsterdam 86 vs Madrid 78.
- Corporate tax: Amsterdam 25.8% vs Madrid 25%.
- Premium flex/seat/month: Amsterdam $940 vs Madrid $780.

# Amsterdam vs Madrid: Class A office comparison

**Amsterdam ($54/sqft, 7.2% vacancy) and Madrid ($41/sqft, 8.6% vacancy) compete on different axes: Amsterdam on talent depth and Madrid on rent and tax.**

## TL;DR

- [Class A](/glossary/class-a) rent: Amsterdam $54/sqft vs Madrid $41/sqft.
- Vacancy: Amsterdam 7.2% vs Madrid 8.6%.
- Talent index: Amsterdam 86 vs Madrid 78.
- Corporate tax: Amsterdam 25.8% vs Madrid 25%.
- [Premium flex](/topics/lease-vs-flex)/seat/month: Amsterdam $940 vs Madrid $780.

## Market data side-by-side

| Metric | Amsterdam | Madrid|

| Region | EMEA | EMEA|
| Country | Netherlands | Spain|
| Class A rent (USD/sqft/yr) | $54 | $41|
| Class A rent (local) | 50 EUR | 38 EUR|
| Vacancy | 7.2% | 8.6%|
| Trend | rising | rising|
| Prime yield | 4.5% | 4.6%|
| Premium flex / seat / month (USD) | $940 | $780|
| Submarkets covered | 4 | 5|
| Corporate tax | 25.8% | 25%|

## Lease norms

| Metric | Amsterdam | Madrid|

| Typical term | 7 yrs | 7 yrs|
| Typical rent-free | 12 mos | 14 mos|
| Lease norms | Dutch leases run 5-10 years with break rights. Rent indexed to CPI annually. Servicekosten (operating expenses) billed separately. Bank guarantees of 3-6 months standard. | 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.|
| Tax note | Headline corporate tax 25.8% (19% on first €200k). Innovation Box and participation exemption regimes are meaningful. | Headline corporate tax 25%. Madrid region offers some of Spain's most competitive personal income tax rates.|

## Talent

| Metric | Amsterdam | Madrid|

| Talent index (0–100) | 86 | 78|
| Talent note | Strong English-fluent professional talent pool. Average all-in compensation indexes 86. | Iberian peninsula's deepest financial-services and tech talent pool. Average all-in compensation indexes 78.|

## Transit & commute

**Amsterdam:** Schiphol Airport is 7 minutes by direct train from Zuidas. Strong S-Bahn equivalent (Sprinter / Intercity) coverage.

**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.

## Top submarkets — Amsterdam

- [**Zuidas**](/cities/amsterdam/zuidas) — [trophy tier](/topics/trophy-asset-selection) · €55/sqft/yr · ≈ $59.4 PSF/yr USD
- [**Centrum & Canal Belt**](/cities/amsterdam/centrum-canal-belt) — prime tier · €60/sqft/yr · ≈ $64.8 PSF/yr USD
- [**Houthavens & NDSM**](/cities/amsterdam/houthavens-ndsm) — prime tier · €42/sqft/yr · ≈ $45.4 PSF/yr USD

## Top submarkets — Madrid

- [**Cuatro Torres**](/cities/madrid/cuatro-torres) — trophy tier · €50/sqft/yr · ≈ $54 PSF/yr USD
- [**Castellana & AZCA**](/cities/madrid/castellana-azca) — trophy tier · €45/sqft/yr · ≈ $48.6 PSF/yr USD
- [**Méndez Álvaro / Atocha**](/cities/madrid/mendez-alvaro) — prime tier · €32/sqft/yr · ≈ $34.6 PSF/yr USD

## Decision criteria

### Pick by cost

Madrid is the cheaper Class A market on a USD basis.

### Pick by talent depth

Amsterdam has the deeper talent index (86/100 vs 78/100).

### Pick by tax

Madrid has the lower headline corporate tax (25% vs 25.8%). Local incentives can change the effective rate materially.

### Pick by lease optionality

Amsterdam typical term is 7 years with 12 months free; Madrid runs 7 years with 14 months free.

### Pick by transit

Amsterdam: Schiphol Airport is 7 minutes by direct train from Zuidas. Strong S-Bahn equivalent (Sprinter / Intercity) coverage. 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.

## Run a 4-city comparison

Score Amsterdam, Madrid and up to two more markets side-by-side on Class A rent, vacancy, talent, corporate tax, and premium flex pricing — all in USD.

[**Run a 4-city comparison →**](/tools/city-comparator)

## Frequently asked questions

****Is Class A office cheaper in Amsterdam or Madrid?****
: Madrid is cheaper on a USD basis: $41/sqft vs $54/sqft.

****Which has better talent depth, Amsterdam or Madrid?****
: Amsterdam indexes higher on talent depth (86 vs 78).

****Which has more sublease availability, Amsterdam or Madrid?****
: Madrid carries higher vacancy (8.6% vs 7.2%) and therefore typically more [sublease](/topics/sublease-strategy)">sublease overhang.

****What lease term should I expect in Amsterdam vs Madrid?****
: Amsterdam typical term is 7 years with 12 months rent-free; Madrid typical term is 7 years with 14 months rent-free.

****How does transit and commuter access compare?****
: Amsterdam: Schiphol Airport is 7 minutes by direct train from Zuidas. Strong S-Bahn equivalent (Sprinter / Intercity) coverage. 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.

## 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)

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