Park&Palace is located at Calle Irún 15 in Madrid and comprises 118 1,2 and 3 bed apartments and exclusive 2 and 3 bed penthouse apartments, all of which feature a terrace.

We have taken a historic and lacklustre former Telefónica de España building and created something unique, a new concept never before seen in Madrid. A building that marries luxury and comfort, design and practicality, in a quiet area, yet also in the very heart of the city.

“Each level of the building is staggered and positioned to ensure residents can enjoy breath-taking views from both their terraces and other rooms.”

Olalquiaga Architects


Park&Palace offers a new way of living in the centre of Madrid, with all of its comforts and benefits, but also the peace and quiet of a residential area.

Its strategic location, only metres from Plaza de España, and its modern and cutting edge design guarantees both a peaceful and very well-connected area.

Don’t settle for any less than the best, choose to live in the centre of Madrid and invest in luxury without sacrificing the calm, comfort and privacy that you deserve in your day to day life. At Park&Palace you will find a modern and welcoming home, perfect for you and your family.

Meticulously planned to the finest detail, Park&Palace stands out as the most exclusive and luxurious of projects, one that we want you to form a part of. Every space here is masterfully designed to bring pure delight its future residents.


Make your dream of living in the centre of Madrid come true. The views from Park&Palace stretch from the Royal Palace to the Parque del Oeste. From its terraces you will be able to admire Madrid’s most emblematic areas, within striking distance of a unique historical, natural and cultural landmark.

The residence’s interiors offer trends that are married together perfectly, the finest quality materials, areas that seamlessly lead from one into another and the same exclusive style that defines its exterior finishings. Park&Palace is the ultimate example of cutting edge refurbishment.

Delight in the stunning views on offer, whilst relaxing and enjoying each and every room in our apartments.

The residence both entices and captivates, offering you a welcoming, urban and daring space; the perfect setting for you and your family to live.

The home you have always dreamed of in Madrid is now here waiting for you.


Park&Palace is designed to offer the perfect setting for peaceful and relaxed living, with all the amenities imaginable. Luxury is at the heart of all the communal areas, an awe-inspiring wealth that extends throughout all corners of the interior spaces.

The interior courtyard, with a lavish variety of plants in a feature vertical garden provides a peaceful haven in the already serene area of the Templo de Debod.

You will be able to exercise in the various landscaped areas that surround Park&Palace and work out in the residence’s gym, watch the sun as it sets over the horizon in Casa de Campo from the rooftop pool, a place where you can make unforgettable memories with your family.

If we dare to dream together, anything is possible.

Communal Areas

Rooftop swimming pool with sun deck and breath-taking views.
Open-air and covered chill-out area on the terrace.
Garden and pond on the ground floor with outdoor lighting.
Fully equipped, glass fronted ground floor gym, with potential to be used indoors or outdoors, facing onto the garden.
Automatic garage door with number plate recognition.
Concierge office with storeroom for holding all types of package deliveries.
24-hour security and CCTV.

*The areas shown and described in this plan and its legend are approximate and will be finalised during construction. Apartments will only be delivered with the furnishings and electrical appliances outlined in the building specifications. The kitchen furniture and bathroom layout could vary slightly in the final assembly. This plan is subject to potential technical modifications. Non contractual and purely illustrative images are subject to technical modifications.

All information and handover of documentation will be completed according to the principles outlined in Royal Decree 515/1989 and any laws which may compliment it, whether they be at a state or autonomous level.