Living Madrid

Grosvenor in Madrid

Madrid is an exciting and welcoming city, which has experienced significant growth since the global financial crisis of 2008. The third largest city in the European Union, it is considered the major financial centre of Southern Europe.   

While an active and modern city, it retains the charm of its many historic neighbourhoods; enjoy its distinct architectural style, vibrant tapas bars and elegant shopping streets. Madrid also boasts exquisite landmarks such as the Royal Palace, Retiro Park and a large number of national museums.
     
Grosvenor has been active in Madrid since 1996, most notably for our joint venture with Grupo Lar in the early 2000s, which invested in offices, shopping centres and business parks across Spain. We have maintained an office in the capital ever since.

We now focus on unlocking the potential of the residential market. Since 2017, we have acquired several development sites and assets for refurbishment, as well as private rental properties. We focus on vibrant neighbourhoods of the capital, and especially favour Chamberí and Salamanca, which feature beautiful architecture, green spaces and are well located close to the lively amenities that Madrid has to offer.

Grosvenor's city insights

  1. One of the sunniest cities in Europe

    Madrid enjoys a mix of Continental and Mediterranean weather having one of Europe’s most varied climates. Spain is also Europe’s sunniest country and Madrid is one of the sunniest cities in Europe, averaging twice as many hours of sunshine per year as London.

  2. Centre of Spain

    Located in the geographic centre of Spain, Madrid is not only the capital of Spain, but also the economic, financial, politic and cultural hub of the country. In addition to this, Madrid is the most visited city in Spain, driving a healthy tourism industry.

  3. El Derbi Madrileño 

    Madrid is home to some of the world’s most dedicated football fans and the city exudes vibrancy on match days.  Rich in history and rivalry, Madrid boasts the world famous stadiums Santiago Bernabéu and Wanda Metropolitano, home to two of the most successful football teams in the world, Real Madrid and Atlético de Madrid.  El Derbi Madrileño (The Madrid Derby) is one of the most anticipated matches on the La Liga match calendar.

  4. Green Oasis

    Parque del Buen Retiro is the 125-hectare green space in the centre of Madrid that is home to various monuments, gardens, an artificial lake and the Velázquez and Glass palaces. Since the nineteenth century, the park has been open to the public and today you will find Madrileños out jogging, cycling, rollerblading, rowing or having a drink at an outdoor café.

My Madrid

"I have lived in Madrid for almost six years now, but have spent the majority of my life in Spain, going to university in Pamplona and growing up in Barcelona. I love the Chamberí neighbourhood because you can find loads of nice tapas bars, gastro pubs and restaurants that always have a good ambience.

One of my favourite things to do in Madrid is to get out and discover the gastronomic culture; there is always somewhere new to eat! On Sunday mornings I love to explore the Rastro market, which is the most popular open air flea market in Madrid where you can find unique and vintage items​.."

Etienne Allepuz, Grosvenor Europe

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