Office space in Spain

Spain’s office market is led by Madrid and Barcelona, with Valencia, Bilbao, Seville and Malaga forming a strong second tier. Malaga and Valencia are among the fastest-growing flex markets in Western Europe. Flexify lists Spanish workspaces across serviced, managed and coworking product at live pricing, with broad operator coverage across every major Iberian commercial centre.
Featured

Office spaces in Spain

A selection of the best workspaces in Spain
Featured

Office spaces in Spain

A selection of the best workspaces in Spain

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market overview

An Iberian market with fast-growing regional depth

Spain runs the largest Iberian office market, led by Madrid, which holds the country’s deepest flex supply with demand clustered along the Paseo de la Castellana, AZCA and Chamartín. Madrid is home to Banco Santander, BBVA, Telefónica and most Spanish IBEX 35 HQs.

Barcelona is a clear second, with technology, pharma and creative demand concentrated in Poble Nou / 22@, the CBD along Diagonal and around Passeig de Gràcia.

Valencia has grown quickly as a Mediterranean commercial hub anchored by Mercadona and Ford’s Almussafes plant, with pricing well below Madrid and Barcelona.

Bilbao carries the weight of the Basque engineering and industrial economy, with Iberdrola and BBVA’s origin city.

Seville covers Andalusia, and Malaga has become one of the fastest-expanding flex markets in Europe, anchored by Google’s cybersecurity hub, Vodafone R&D and a growing expat workforce.

Product mix includes strong domestic coworking operators alongside the major international serviced brands.

Key Industries

Tourism and Hospitality

Financial Services

Manufacturing

Automotive

Real Estate

Renewable Energy

Workspace types

Type of flexible workspaces available in Spain

Move-in ready

Serviced offices

Fully fitted, all-inclusive, move-in ready. Furniture, IT, reception, and cleaning in a single monthly fee. Terms from one month.

Shared

Coworking

Hot desks, dedicated desks, and private pods in shared environments. Community, events, and flexibility. From a day pass up.

Popular Areas

Major towns/ cities in Spain

Madrid

Spain’s capital and the largest Iberian office market. Demand clusters along the Paseo de la Castellana, AZCA and Chamartín. Home to Banco Santander, BBVA, Telefónica and most Spanish IBEX 35 HQs. The country’s deepest flex market with broad coworking and serviced supply at premium national pricing.

Barcelona

Spain’s second commercial capital and a leading Mediterranean hub for technology, pharma and creative industries. Demand clusters in Poble Nou / 22@, the CBD along Diagonal and around Passeig de Gràcia. Home to SEAT, CaixaBank and a deep tech scene. Broad coworking and serviced supply.

Valencia

Spain’s third-largest city and a growing Mediterranean commercial hub. Office demand concentrates around Avenida de Francia and the CBD. Home to Mercadona, Ford’s Almussafes plant and a growing tech ecosystem. A competitively priced market with improving serviced and coworking supply at pricing well below Madrid and Barcelona.

Bilbao

The commercial capital of the Basque Country. Office demand concentrates around Abandoibarra and the CBD. Home to BBVA’s origin city, Iberdrola and a deep engineering and industrial base. A mature regional market with good supply of serviced and managed product at accessible pricing.

Seville

The commercial hub of Andalusia in southern Spain. Office demand clusters in the Nervión business district and Cartuja technology park. Home to aerospace occupiers including Airbus and a growing services sector. A regional flex market with improving coworking supply at accessible southern Spanish pricing.

Malaga

A fast-growing Andalusian commercial centre with strong technology and back-office clusters. Office demand concentrates around the PTA technology park and the city centre. Home to Google’s cybersecurity hub, Vodafone R&D and a growing expat workforce. One of Europe’s fastest-expanding flex markets.

Your questions answered

Common questions

Office space in Spain typically costs between €350 and €800 per desk per month for flexible workspace, with Madrid commanding the clear top of the range. Paseo de la Castellana, AZCA and Chamartín premium suites can exceed €950 per desk. Barcelona’s 22@ and the Diagonal corridor sit 10 to 20 percent below Madrid. Valencia, Bilbao, Seville and Malaga offer equivalent product at 30 to 50 percent lower pricing.
Spain offers three main types of flexible workspace: serviced offices, coworking spaces and managed offices. Serviced offices provide private fitted suites on short-term contracts with reception and meeting rooms included. Coworking delivers hot desks and dedicated desks in shared professional environments. Managed offices provide a bespoke private floor designed, fitted and operated by a provider on a single monthly fee covering furniture, technology and building services.
Spain’s principal office markets are Madrid, Barcelona, Valencia, Bilbao, Seville and Malaga. Madrid dominates, with demand along the Paseo de la Castellana, AZCA, Chamartín and the emerging Madrid Nuevo Norte area. Barcelona’s 22@ innovation district, the CBD along Diagonal and Passeig de Gràcia carry the Catalan market. Valencia’s Ciudad de las Ciencias, Bilbao’s Abandoibarra, Seville’s Nervión and Malaga’s TechPark round out core regional supply.
Flexible office space in Spain is available from one month upwards, with most operators offering rolling monthly or 12-month agreements inclusive of furniture, utilities, cleaning and reception. This contrasts with the conventional Spanish commercial lease under the LAU framework, which typically runs 5 to 10 years with occupier responsibility for comunidad service charges, IBI property tax, significant deposits and fit-out capex on top of base rent.
Spain’s office demand is led by tourism and hospitality, financial services, manufacturing, automotive, real estate and renewable energy. Madrid anchors banking through Banco Santander, BBVA and Telefónica, and hosts most IBEX 35 HQs. Barcelona concentrates technology, pharma and creative industries in 22@. Valencia supports automotive through Ford Almussafes, Bilbao anchors industrial and energy occupiers, and Malaga’s TechPark is a growing tech hub for remote-friendly teams.