Spaces Madrid, Paseo de Recoletos 5 Coworking space

Private office
€27 /hour
€149 /day
€938 /month
Open-space desk /person
€8 /hour /person
€59 /day /person
€449 /month /person
Meeting room
€55 /hour
€307 /day

Lowest prices by type and duration, excluding tax.

Combine the best of old and new by basing your business in Paseo de Recoletos 5, a beautifully renovated building which retains its classic, original features and is also equipped with the latest technology.

Over six designer floors, we have the flexible, dedicated space to suit you, whether you’re looking for private or shared offices, a virtual address or to hire a meeting room in Madrid. Receive a friendly, professional welcome in the reception off the leafy avenue, then plug in to the energy of our buzzing business community. And when the day’s work is done, head to the roof terrace for drinks with stunning views of the Palacio de Cibeles.

Paseo de Recoletos 5 is in an upmarket area of the city centre, surrounded by high-profile offices for the government, army, courts and banks, alongside restaurants, theatres and parks. But it’s not too far from the more bohemian area of Chueca, with its cool bars and Bogui Jazz club.

The rest of Madrid is easily reached by bus and metro, with the Cibeles bus stop and Banco de Espana subway station on your doorstep.

All offers at this space

Private office (18)Private officePrice per office
HourHalf dayDayMonth

Private office 2 people

1 office available
Hour€27
Half day€107
Day€149
Month€938

Private office 3 people

6 offices available
Hour€40
Half day€160
Day€224
Month€1,407

Private office 4 people

4 people
Hour€54
Half day€214
Day€298
Month€1,876

Private office 5 people

5 people
Hour€67
Half day€267
Day€373
Month€2,345
Open-space desk (1)Open-space deskPrice per person
HourHalf dayDayMonth

Coworking desk

72 desks available
Hour€8
Half day€30
Day€59
Month€449
Meeting room (3)Meeting roomPrice per room
HourHalf dayDay

Meeting room MR 01

8 peopleBoardroom · 8 people
Hour€55
Half day€175
Day€307

Meeting room MR 03

8 peopleBoardroom · 8 people
Hour€55
Half day€175
Day€307

Meeting room MR 02

10 peopleBoardroom · 10 people
Hour€65
Half day€207
Day€363

Prices exclude tax, and vary by office, current promotions and commitment. Contact us.

Services

Everyday essentials

  • Natural light
  • Cleaning

Access & security

  • 24/7 access
  • Badge access
  • Alarm system
  • Wheelchair access

Food & drink

  • Kitchen
  • Hot drinks
  • Water fountain
  • Cafeteria

Technology

  • High-speed Wi-Fi
  • Printer / scanner

Where to find us Recoletos

Getting there

Metro Chueca, 433 m (6 min walk)
Metro Retiro, 625 m (8 min walk)
Metro Gran Vía, 718 m (9 min walk)
Metro Alonso Martínez, 818 m (10 min walk)
Metro Tribunal, 905 m (11 min walk)

Opening hours

Mon–Fri: 9h–18h · Sat–Sun: closed

24/7 access for members

The terms

Rental terms for this space

Security deposit

Paid on signing, returned in full when you leave if the space is handed back in good condition.
2 months

Minimum commitment

No three-year lease: you stay as long as you want, from one month.
1 month minimum

Type of contract

The legal nature of the contract you sign to occupy the premises.
Service provisionYou sign a service contract, not a lease: the space and the services that come with it are billed together. No three-year lease, no deed fees.

Notice period

How far in advance you must announce your departure, by email, with no reason to give.
2 months

Frequently asked questions about Spaces Madrid, Paseo de Recoletos 5

What is the address of Spaces Madrid, Paseo de Recoletos 5?

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Paseo de Recoletos 5, 28004 Madrid

Can you rent an office by the month at Spaces Madrid, Paseo de Recoletos 5?

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Yes: Spaces Madrid, Paseo de Recoletos 5 rents 18 closed offices, from 2 to 68 desks, on a monthly rent.

The rent is all inclusive: equipped desk, charges, cleaning and shared services. That is what makes it hard to compare with a conventional lease, always quoted excluding charges.

  • For 2 people: from €938 excl. tax per month
  • For 3 people: from €1,407 excl. tax per month
  • For 4 people: from €1,876 excl. tax per month
  • For 5 people: from €2,345 excl. tax per month
  • For 6 people: from €2,814 excl. tax per month
  • For 7 people: from €3,283 excl. tax per month

How much does one desk cost per month at Spaces Madrid, Paseo de Recoletos 5?

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Per desk, the most affordable office at Spaces Madrid, Paseo de Recoletos 5 works out at €469 excl. tax per month.

This is the figure we use to compare two buildings: it cancels out office size and brings out the real gap between operators.

What is the largest team Spaces Madrid, Paseo de Recoletos 5 can hold?

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The largest closed office at Spaces Madrid, Paseo de Recoletos 5 holds 68 people.

Nothing says you have to stay in one room: by combining several of the building's 18 offices, 367 desks are listed there in total.

And that figure does not tell the whole story. Large floors are rarely marketed online: operators keep them for qualified enquiries, and we regularly source ones that appear nowhere. Tell us about your project, we search off market too and come back to you within 48 hours.

Tell us about your project and get a call back within 24h

Can you register your company's address at Spaces Madrid, Paseo de Recoletos 5?

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Yes. Spaces Madrid, Paseo de Recoletos 5 offers what you need to base your company there: Registered business address, Mail handling.

The business address and mail handling hold up even when your team is not on site full time.

Are the meeting rooms available with a monthly office at Spaces Madrid, Paseo de Recoletos 5?

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Yes. The 3 meeting rooms at Spaces Madrid, Paseo de Recoletos 5 are open to its residents.

The allowance included in the rent is negotiated when signing: beyond it, billing goes by the hour.

How many meeting rooms does Spaces Madrid, Paseo de Recoletos 5 offer, and for how many people?

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3 meeting rooms, seating 8 to 10 people.

  • MR 01, up to 8 people
  • MR 02, up to 10 people

What private offices does Spaces Madrid, Paseo de Recoletos 5 offer, and at what price?

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18 private offices, from 2 to 68 desks.

  • 2 desks: €149 excl. tax per day
  • 3 desks: €224 excl. tax per day
  • 4 desks: €298 excl. tax per day
  • 5 desks: €373 excl. tax per day
  • 6 desks: €447 excl. tax per day
  • 7 desks: €521 excl. tax per day

How much does a meeting room cost at Spaces Madrid, Paseo de Recoletos 5?

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Rates vary with the size of the room:

  • Up to 8 people: €55 excl. tax per hour, €307 excl. tax per day
  • Up to 10 people: €65 excl. tax per hour, €363 excl. tax per day

How much does a coworking desk cost at Spaces Madrid, Paseo de Recoletos 5?

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The rates charged at this space:

  • From €8 excl. tax per hour
  • From €59 excl. tax per day
  • From €449 excl. tax per month

Is Spaces Madrid, Paseo de Recoletos 5 priced in line with the neighbourhood?

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A coworking desk costs €59 excl. tax per day here, against a €59 excl. tax median across the 9 spaces within 5 km.

How do I get to Spaces Madrid, Paseo de Recoletos 5?

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The closest connections:

  • Metro Chueca, 433 m (6 min walk)
  • Metro Retiro, 625 m (8 min walk)
  • Metro Gran Vía, 718 m (9 min walk)
  • Metro Alonso Martínez, 818 m (10 min walk)
  • Metro Tribunal, 905 m (11 min walk)

Which district is Spaces Madrid, Paseo de Recoletos 5 in?

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Spaces Madrid, Paseo de Recoletos 5 is in the Recoletos district.

Full address: Paseo de Recoletos 5, 28004 Madrid.

What are the opening hours of Spaces Madrid, Paseo de Recoletos 5?

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Reception hours at Spaces Madrid, Paseo de Recoletos 5:

  • Mon–Fri: 9h–18h
  • Sat–Sun: closed

Can I access Spaces Madrid, Paseo de Recoletos 5 in the evening and at weekends?

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Yes. Members have 24/7 access, outside reception hours.

Can I have lunch at Spaces Madrid, Paseo de Recoletos 5?

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Yes. What is provided for breaks and meals: Kitchen, Hot drinks, Water fountain, Cafeteria.

Is Spaces Madrid, Paseo de Recoletos 5 accessible to people with reduced mobility?

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Yes. Spaces Madrid, Paseo de Recoletos 5 declares step-free access for people with reduced mobility.

What facilities does Spaces Madrid, Paseo de Recoletos 5 offer?

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The facilities declared for this space:

  • Meeting rooms
  • Lounge areas
  • Multi-centre access
  • Air conditioning
  • Registered business address
  • Mail handling
  • Natural light
  • Cleaning
  • 24/7 access
  • Badge access
  • Alarm system
  • Wheelchair access

Can I visit before committing?

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Yes. The viewing is free and carries no commitment: request one from this page and an expert will get in touch to agree a time.

How does booking work?

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Booking and payment happen online, straight away. You receive a confirmation by email as soon as it is validated.

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