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All prices are exclusive of 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 prices are exclusive of tax.
Security depositPaid on signing, returned in full when you leave if the space is handed back in good condition. | 2 months |
|---|---|
Minimum commitmentNo three-year lease: you stay as long as you want, from one month. | 1 month minimum |
Type of contractThe 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 periodHow far in advance you must announce your departure, by email, with no reason to give. | 2 months |
Paseo de Recoletos 5, 28004 Madrid
Yes: Spaces Madrid, Paseo de Recoletos 5 rents 17 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.
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.
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 17 offices, 358 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.
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.
Yes. The 2 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.
2 meeting rooms, seating 8 to 10 people.
17 private offices, from 2 to 68 desks.
Rates vary with the size of the room:
The rates charged at this space:
A coworking desk costs €59 excl. tax per day here, against a €62 excl. tax median across the 8 spaces within 5 km.
The closest connections:
Spaces Madrid, Paseo de Recoletos 5 is in the Recoletos district.
Full address: Paseo de Recoletos 5, 28004 Madrid.
Reception hours at Spaces Madrid, Paseo de Recoletos 5:
Yes. Members have 24/7 access, outside reception hours.
Yes. What is provided for breaks and meals: Kitchen, Hot drinks, Chilled water, Cafeteria.
Yes. Spaces Madrid, Paseo de Recoletos 5 declares step-free access for people with reduced mobility.
The facilities declared for this space:
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.
Booking and payment happen online, straight away. You receive a confirmation by email as soon as it is validated.
Within 20 km of Madrid.
Book online, with real-time availability.
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