Planifica Madrid has put a luxury penthouse in Chamberí up for sale at €6.7 million. The property was bought for temporary office use during renovations. Four Gran Vía properties are also being sold.
The regional government of Madrid has moved to sell the high-profile penthouse on Paseo del General Martínez Campos, Chamberí, just months after its controversial acquisition. The luxury 485-square-metre property, purchased in April for €6.3 million by the administration of Isabel Díaz Ayuso, is now officially on the market for €6.69 million, excluding taxes. The sale was confirmed by Planifica Madrid, the public company responsible for the transaction, with the announcement signed by CEO Pedro Corbalán Ruiz and published on the official procurement portal.
The penthouse was initially acquired to serve as temporary office space while the Real Casa de Correos underwent renovations. However, the purchase quickly drew criticism and public scrutiny, prompting the regional government to reconsider its plans. Alongside the penthouse, Planifica Madrid is also liquidating four additional properties on Gran Vía, with a combined asking price of €11.8 million. The decision to sell these assets comes in the wake of ongoing debate over the necessity and transparency of the original purchases.
According to the official statement, proceeds from the sales are intended to support reconstruction efforts in areas of the Sierra Oeste affected by recent wildfires. This move follows public pressure and political fallout, as the government seeks to redirect resources toward urgent regional needs. The Chamberí penthouse, in particular, has become a symbol of the controversy, with its high price tag and limited use raising questions about public spending priorities.
The episode has attracted significant 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.
In Spain, the management and sale of public real estate assets often spark debate, particularly when large sums and high-profile locations are involved. The Chamberí penthouse case highlights the challenges regional governments face in balancing operational needs with public accountability. The outcome of these sales may influence future policy on government property acquisitions and disposals, especially in the context of fiscal responsibility and emergency funding. As the situation develops, further details on the buyers and final sale prices are expected to emerge.