The regional government of Madrid has decided to sell the luxury penthouse in Chamberí, which sparked controversy just months after its purchase. Miguel Ángel García Martín, the region’s Minister of the Presidency, said the sale is intended to support reconstruction after the wildfires in the Sierra Oeste. The property was bought through the public company Planifica Madrid for approximately €6.3 million, with the government presenting it as temporary office space while work continued at the Real Casa de Correos.
García Martín said the government would also sell another property at Gran Vía 6, alongside the penthouse on Paseo del General Martínez Campos. Together, the two assets were expected to generate around €20 million. He made the announcement in San Martín de Valdeiglesias, one of the municipalities affected by the fires, tying the planned sales to the region’s recovery effort.
The decision marked a sharp turn for the administration of Isabel Díaz Ayuso, which had acquired the Chamberí penthouse just three and a half months earlier. Buying a luxury residence for temporary office use had prompted public debate over the purchase’s necessity and timing. The wildfire emergency in the Sierra Oeste was declared to be of national interest on 23 July 2026.
Planifica Madrid later set the Chamberí property’s asking price at €6,694,201, excluding applicable taxes. The initial auction attracted no bids. A subsequent offer period also closed without an offer, at 23:59 on 21 October 2026. The penthouse remains available indefinitely through an open adjudication procedure at the same listed price, until it is awarded or the entity withdraws it. The government’s earlier explanation for buying the property as temporary office space is discussed in this analysis of the purchase rationale.
The Gran Vía 6 building, by contrast, was reported as awarded to Cartesón, S.L. for €11,850,010. Added to the Chamberí penthouse’s asking price, the two figures total approximately €18.54 million before taxes and transaction costs, not €20 million in completed proceeds. The penthouse remains unsold, so its listed price has not yet become sale revenue.
The region has also approved €3 million in investment aid for businesses and self-employed workers in municipalities affected by the Sierra Oeste fire. The regional Department of Economy, Finance and Employment administers the grants, which can support investment in machinery and equipment, vehicles or furniture, as well as buildings and fixed installations. Eligible economic activity must have begun before 23 July 2026, and qualifying investments may be made from 1 August 2026 through 31 August 2027. This aid is a separate recovery measure. Since the penthouse remains unsold, its listed price cannot be counted as money already collected for reconstruction.
