Mandarin Oriental, the award-winning luxury hospitality brand reveals the development of its latest residential project in Madrid. Located on the intersection of Hermosilla Street and Nuñez de Balboa Street, the new Mandarin Oriental Residences, Madrid will feature 30 exceptional apartments, expected to open in January 2025.

After the recent signing of Mandarin Oriental Punta Negra, Mallorca, this will be the second project in collaboration with Blasson, a prominent Spanish development company, and the first with Pictet Alternative Advisors (PAA), the alternative investment division of Swiss private bank Pictet.

Mandarin Oriental Residences, Madrid will present a unique opportunity for new construction in the heart of the desirable Salamanca neighbourhood with its luxury retail, bars, restaurants and leisure facilities. The project will be conceived by Bueso-Inchausti & Rein Arquitectos, a highly acclaimed architectural firm with interiors by Belen Domecq and her Cosmic Studio.

The Residences will span over seven floors and feature two and three-bedroom units, with living spaces of up to 283 square meters. Each Residence will include a private balcony, whilst six units will have private pools, offering residents an unrivaled luxury living experience.

Owners at Mandarin Oriental Residences, Madrid will have access to an array of exclusive amenities, including a residence lounge, a landscaped garden, a beauty salon, a fitness centre and a secure underground garage. For those seeking to unwind from city life, the Residences will feature an outdoor heated pool, spa treatment rooms, an indoor lap pool and changing facilities.

“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,” said James Riley,

Group CEO of Mandarin Oriental Hotel Group. “These exceptional homes will redefine luxury living, with access to our brand’s legendary amenities and services.”

“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,” said Antonio Pan de Soraluce of Blasson Property Investments.

“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,” said Pablo Granell, Head of Real Estate with Pictet for Spain and Portugal.