The regional government of Madrid is selling the high-profile penthouse on Paseo del General Martínez Campos in Chamberí, months after its controversial acquisition. Planifica Madrid, the public company handling the transaction, bought the property in April 2026 for approximately €6.3 million. Its public-sale price is exactly €6,694,201, excluding taxes, or €6.7 million rounded for headlines. CEO Pedro Corbalán Ruiz signed the announcement, which was published on the official procurement portal. The purchase became public in late July, prompting criticism over the use of a luxury residential property for government operations.
The penthouse was initially presented as temporary office space while the Real Casa de Correos underwent planned works. After the purchase drew public and political scrutiny, the regional government changed course and decided to sell. The property was first offered through a time-limited sale process, which attracted no buyer. Planifica Madrid then retained the €6,694,201 minimum price and moved it to a permanent public-offer procedure. The property can now remain on sale indefinitely without repeated auction calls.
By 23 October 2026, a second sale attempt had also ended without an offer. The penthouse remained available at the same price, and the reconstruction effort the regional government says it intends to support had yet to receive any proceeds from a sale. The controversy intensified during wildfires in Madrid’s Sierra Oeste. Isabel Díaz Ayuso’s administration said proceeds from the sale would go toward rebuilding in affected municipalities.
Planifica Madrid’s wider disposal program also includes four properties on Gran Vía, described in the original sale plan as having a combined asking price of about €11.8 million. A separately reported outcome concerns Gran Vía 6, which was awarded to Cartesón, S.L. for €11,850,010. That award is distinct from the Chamberí penthouse, which remained unsold. It should not be treated as the sale of the four-property group.
The episode has attracted impressive media attention, especially after Planifica Madrid resumed publishing its official agenda following a period of silence regarding the penthouse deal. For further background on the political and administrative context, see the analysis of the agenda update and fallout in this related report.
The management and sale of public real-estate assets in Spain often spark debate when large sums and high-profile locations are involved. In this case, the government has yet to convert the penthouse into funds for wildfire reconstruction, while the property remains on permanent offer at its stated minimum price. The eventual sale will determine whether the regional administration can recover proceeds from the acquisition and direct them toward the announced rebuilding effort.
