Madrid indexes 78/100 on the Class A Atlas talent index, with iberian peninsula's deepest financial-services and tech talent pool.

  • Talent index: 78/100 (NYC = 100 baseline).
  • Corporate tax: 25%.
  • Talent depth and rent curve are correlated — top talent markets carry top rent.

Madrid office talent and salary benchmarks

Madrid indexes 78/100 on the Class A Atlas talent index, with iberian peninsula's deepest financial-services and tech talent pool.

TL;DR

  • Talent index: 78/100 (NYC = 100 baseline).
  • Corporate tax: 25%.
  • Talent depth and rent curve are correlated — top talent markets carry top rent.

Talent depth

Iberian peninsula's deepest financial-services and tech talent pool. Average all-in compensation indexes 78.

Cost-to-locate

Total cost of locating in Madrid is the sum of rent, fit-out">fit-out, and salary delta vs. comparable markets. Use the City Comparator tool to benchmark Madrid against peer cities on a single normalised view.

Key facts

cityMadrid
countrySpain
regionEMEA
classARentLocal38 EUR/sqft/yr
classARentUsd$42/sqft/yr
vacancy8.6%
typicalLeaseYears7
typicalRentFreeMonths14
submarkets5
primeYieldPct4.6%

Frequently asked questions

Is Madrid a deep talent market for tech/finance?
Iberian peninsula's deepest financial-services and tech talent pool. Average all-in compensation indexes 78.

Editorial provenance

Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

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Related topics

  • Workplace Talent Strategy — How office location, building tier, and workplace experience shape talent attraction and retention.