Mandarin Oriental announces plans for new Madrid development

Image © Mandarin Oriental
The Mandarin Oriental hospitality brand is set to open new luxury residences in Madrid, with an expected January 2025 launch date.

Mandarin Oriental Residences Madrid is being conceived by Bueso-Inchausti & Rein Arquitectos and will feature the interiors of Belen Domecq and her Cosmic Studio.

An exceptional location

On opening in 2025, Mandarin Oriental Residences, Madrid will provide 30 luxurious new apartments at this site’s appealing location on the intersection of Hermosilla Street and Nuñez de Balboa Street. The Salamanca neighbourhood is known for its luxury retail, restaurants and other leisure facilities.

Following on from the recent signing of Mandarin Oriental Punta Negra, Mallorca, this development is the second project Mandarin Oriental has undertaken in partnership with prominent Spanish development company, Blasson, and the first with Pictet Alternative Advisors.

James Riley, Group CEO of Mandarin Oriental Hotel Group, commented: “We are delighted to introduce Mandarin Oriental Residences, Madrid which will set a new standard for elevated living in one of Europe’s most exciting destinations. These exceptional homes will redefine luxury living, with access to our brand’s legendary amenities and services.”

Antonio Pan de Soraluce of Blasson Property Investments, added: “We are very pleased to partner with Pictet and Mandarin Oriental on this unique project in Madrid. It is a thrilling opportunity which will bring the Group’s legendary Residences, amenities and services to a one-of-a-kind building in the heart of Madrid’s exclusive Barrio de Salamanca.”

Luxury living

The Residences here will span seven floors of the new development. Both two- and three-bedroom units will come with expansive living space and private balconies. Six of the units will also have private pools.

Owners of these residences will have access to an array of shared amenities including a lounge, landscaped garden, beauty salon, fitness centre and secure underground garage. A highlight of the development is its wellness space featuring spa treatment rooms, an indoor lap pool and outdoor heated pool.

On the development, Pablo Granell, Head of Real Estate with Pictet for Spain and Portugal, said: “We are excited about the prospect to deliver, together with our partners of Blasson and Mandarin Oriental, what will be one of the most iconic residential projects in Spain, contributing to the transformation of the already very dynamic and vibrant city of Madrid while generating added value for our investors.”