Spain’s two largest office markets added significant flexible workspace capacity in 2025, reinforcing Madrid and Barcelona as the country’s leading hubs for coworking and serviced offices.
According to data from workspace aggregator Sit&Plug, total flexible office stock across both cities grew 26% year over year, driven by new openings and larger average center sizes.
Madrid Leads New Openings
A total of 22 new flexible workspace centers opened across Madrid and Barcelona in 2025, adding nearly 59,000 square metres of space.
Madrid accounted for the majority of that expansion, with 15 new locations delivering roughly 39,000 square metres. Barcelona saw seven new openings, contributing close to 19,800 square metres.
Combined, the two cities now offer more than 660,000 square metres of flexible office space, further consolidating their dominance within Spain’s flex market, according to Coworking Europe.
Bigger Spaces Signal Corporate Demand
The growth in 2025 was not just about volume. The average size of newly opened centers increased to about 2,677 square metres, roughly 15% larger than openings in 2024.
That change suggests operators are targeting larger occupiers, including SMEs and corporate teams, rather than focusing primarily on individual freelancers. Newer spaces are increasingly designed to accommodate private offices, meeting rooms and collaborative areas within a single footprint.
A Maturing Flex Market
Capacity is increasing, but so is average center size, and pricing has not surged alongside supply.
For the future of work in Spain, the trend suggests that flexible offices are becoming embedded in corporate real estate strategies rather than serving as a temporary post-pandemic solution. Operators are scaling up, targeting enterprise clients and building larger platforms designed for long-term demand rather than short-term experimentation.
