Madrid beats strongly along its main avenues, but there is one that vibrates with special intensity for business: Paseo de la Castellana.
This emblematic artery of the capital not only connects the north and south of the city, but is also the backbone of Madrid’s business, financial and corporate world.
If you are thinking of establishing your company in Madrid or relocating your offices, setting up in Paseo de la Castellana is not only a good decision, but also a competitive advantage. In this article, we share with you the 8 main benefits of being in this privileged location.
In addition, we will show you why Ibercenter Azca, with its flexible, fully equipped and all-inclusive office rental proposal, is the perfect example of how to make the most of this environment.

And why is Madrid’s Paseo de la Castellana called Paseo de la Castellana?
This thoroughfare is one of Madrid’s main avenues and one of the longest, exceeding six kilometres, and it has changed its name several times since the 19th century.
It starts in Plaza de Colón and heads north through the city, culminating in the Cuatro Torres Business Area, where the tallest skyscrapers in the capital are located.
The name of this Madrid thoroughfare comes from the Fuente Castellana stream, which gave its name to the promenade and a fountain. Ferdinand VII commissioned a monument to be erected in 1830 to celebrate the birth of his daughter, who would later become Queen Isabel II. The first stone of the Castellana fountain was laid in 1833. The construction included a basin and a large column, which is why it was also known as the Obelisk Fountain. It was located in the area now occupied by the Emilio Castelar roundabout, where the aforementioned stream had its source. The monument was later modified and moved to other places in the city, until it ended up in Madrid Río.
After knowing a little about the origin of the name of the Paseo de la Castellana, let’s go on to list the benefits of locating your company in this area of the city of Madrid.
You are in the financial heart of Madrid (and of the country).
Locating your company on Paseo de la Castellana means positioning yourself in the nerve centre of Spain’s economic power. Here you will find the headquarters of banks, insurance companies, consultancy firms and multinationals from all sectors. Azca, one of its most iconic areas, is the financial district par excellence, where the corporate and the modern coexist in perfect harmony.
Why does it matter?
Because in business, location also communicates. Having your headquarters in Castellana conveys professionalism, solidity and ambition.
And how does Ibercenter take advantage of this?
With its centre in Ibercenter Azca, in the heart of Castellana, just a few steps from Nuevos Ministerios. There it offers high-level equipped and private offices, coworking, executive meeting rooms and representative spaces that fit perfectly with the profile of demanding and expanding companies.
Total accessibility: metro, commuter trains, buses and more
One of the great attractions of Paseo de la Castellana is its unrivalled connectivity. It is one of the best connected roads in Madrid:
– Key Metro lines (1, 6, 10).
– RENFE suburban trains (Nuevos Ministerios)
– Urban and intercity buses
– Easy access to M-30 and A-6
– And if you go by bike… there are also cycle lanes and BiciMAD stations.
This not only facilitates the arrival of your collaborators. It is also vital for clients, suppliers, partners or even candidates in selection processes.
And in Ibercenter?
In Azca, its location is very close to the Nuevos Ministerios interchange. That means that, whether you come from the north, south or centre of Madrid (or even from the airport!), getting to your office is as easy as it is convenient.
Talent magnet: the best people work here (and want to work here).
Business areas such as Castellana – Azca not only attract companies: they attract talent. The best universities, business schools, coworkings, important events… everything revolves around this axis.
Locating your company here makes you more visible, more attractive and more accessible to the type of professional you are looking for. And if you add to that modern, well-equipped offices with services included, you have the complete package.
How does Ibercenter do it?
By offering premium workspaces, with professional design, technologically advanced rooms and personalised attention. We are also very flexible, allowing you to scale according to your needs, which is ideal for growing teams.
An environment that boosts your brand and reputation
Having an office in Paseo de la Castellana not only positions you well physically, but it also positions you mentally as a strong, reliable brand ready to play in the big leagues.
This is crucial if you offer B2B services, if you work with international clients or if you are closing high-level deals. Your environment also sells, projects and conveys.
Want a practical example?
An executive meeting room at Ibercenter Azca, with projector, whiteboard and services such as coffee break, makes the difference in a presentation or negotiation.

Flexibility without sacrificing premium
One of the biggest challenges today is to find offices that combine three things:
- Professionalism.
- Contractual flexibility.
- Everything included in the price.
And this is where Ibercenter’s differential value comes into play: private offices, rooms and adaptable spaces, in one of the most premium areas of Madrid, without the burden of managing your own office.
What do you get?
Furniture, high-speed wifi, reception, cleaning, air conditioning, security, administrative support… Everything. You literally start working from the very first minute. And if you need more space tomorrow, you can expand without headaches.
Proximity to strategic clients and key partners
Many companies choose Paseo de la Castellana because they want to be close to their main accounts, partners with whom they collaborate or key institutions in the business ecosystem.
Being here allows you to have face-to-face meetings in minutes, participate in events or afterworks, and connect with other players in the corporate world in a fluid and frequent way.
How does Ibercenter fit in?
Its location in Azca puts its clients just metres away from the main consulting firms, banks, insurance companies and multinationals. It is a living ecosystem of networking and opportunities.
Complementary services that make life easier
When you work in Paseo de la Castellana, it’s not all about work. This area offers a wide range of restaurants, fitness, leisure, shopping and personal services.
From executive restaurants for business lunches to gyms, luxury shops, hotels, notary’s offices or banks… everything is within easy reach. This enhances your team’s day-to-day experience and facilitates the logistics of client meetings.
And at Ibercenter?
In addition to being surrounded by services, within the centre you also have added value: coffee breaks, catering for events, computer and material rental, technological support… Everything designed so that you can focus on what’s important: your business.
Scalability for growing companies
If your company is in the process of expanding, locating in a high-level area such as Paseo de la Castellana allows you to grow without having to move constantly.
Ibercenter has designed its offer with companies like yours in mind:
- You can start with an office for 2 people.
- Expand to an office for 10.
- Reserve rooms for important meetings.
- Organise training sessions in fully equipped rooms.
- Or even set up professional events in an elegant, corporate environment.
All this without signing long-term contracts, without making an initial investment and with the possibility of adjusting the space according to your rate of growth.
Working where others want to be
In the end, Paseo de la Castellana is more than just an address. It is a statement of intent. It is being part of the heart of Madrid, where business moves, where decisions are made, where everything happens.
Having your offices there is telling the world that your company is serious, that it is ready to grow, compete and consolidate.
Why choose Ibercenter near Paseo de la Castellana?
Because Ibercenter Azca combines the strategic location of Paseo de la Castellana with a flexible, premium proposal that is 100% focused on the comfort and success of your company. If you are a demanding executive or a multinational company in expansion, this is the space you need.
✅ Private offices.
✅ Meeting rooms with advanced technology.
✅ All-inclusive services.
✅ Flexible contracts.
✅ Human and professional support.
✅ Location in the heart of Madrid.
Want to see for yourself?
Request a no-obligation visit to Ibercenter Azca and discover what it’s like to work in the centre of it all. Because being in Paseo de la Castellana is not just about being well located: it is about being well positioned.