
Hotel News: A Heritage Landmark Meets Contemporary Luxury
Banyan Tree has officially stepped into the European residential market with the debut of Banyan Tree Padilla Madrid Residences, a new upscale development launched by Persepolis Investments. Situated in the heart of Madrid’s glamorous Salamanca district, this rare residential project blends historic architectural elegance with the world-class wellness and hospitality experience for which the Banyan Tree brand is known.

Image Credit: Banyan Tree
The 24 ultra-luxurious residences are housed in a building originally designed in 1948 by renowned Spanish architect Luis Gutiérrez Soto. Faithfully restored by Julio Touza Sacristán and infused with modern elegance by Caramba Estudio, the project is now being marketed globally by real estate powerhouses Colliers and Knight Frank. This Hotel News report highlights how this bold launch marks the Singaporean brand’s first-ever branded residential venture in Europe—an important step for a group that already commands over 70 hotels and 14 branded residences worldwide.
Stylish Living Spaces Inspired by Tradition and Innovation
Each of the 24 units spans between 308 and 693 square meters, available in one- to four-bedroom configurations. Residents will enjoy bespoke features such as high ceilings with ornate traditional moldings, oak wood flooring, and classic Madrid-style shutters. The kitchens are a statement of refined taste, finished with natural stone, satin metal accents, and oak cabinetry. The bathrooms are equally indulgent, boasting Portoro marble vanities and brushed brass fixtures.
Adding to the high-end appeal, bedrooms are designed with upholstered wall panels, smoked glass accents, and wardrobes with intricate brass detailing. Every residence comes with a generous terrace—some extending up to 113 square meters—offering outdoor space amid the urban sophistication of Madrid.
Wellness and Amenities in True Banyan Tree Style
Beyond the residences, owners gain access to an extensive suite of amenities that underscores the brand’s wellness-forward philosophy. Facilities include a full-service spa with Turkish bath, sauna, massage rooms, and an indoor heated pool.
A state-of-the-art gym, meeting rooms, private dining spaces, and peaceful interior courtyards further elevate the living experience. Concierge services, 24-hour security, private parking, and resident storage complete the offering.
“Residents at the Banyan Tree Padilla Residences will experience a truly exceptional, wellness-forward lifestyle with the best of amenities in one of the world’s leading hotel brands in a historic architectural masterpiece set against the backdrop of the lively Salamanca District,” said Shiraz Haghdoust of Persepolis Investments.

Image Credit: Banyan Tree
Positioned in the Cultural and Commercial Heart of Madrid
The Salamanca district is one of Madrid’s most prestigious neighborhoods, home to global luxury brands like Hermès, Louis Vuitton, and Chanel, as well as acclaimed restaurants, art galleries, and leafy urban parks. Its blend of historic charm and cosmopolitan culture makes it a sought-after address for discerning buyers seeking legacy properties.
Stuart Reading, Managing Director at Banyan Group Residences, emphasized, “Banyan Tree Padilla Madrid Residences marks an exciting milestone as our first branded residence in Europe. This project is a testament to our commitment to creating exceptional living experiences that honor both cultural heritage and contemporary elegance. We see this as a catalyst for further expansion in Europe.”
With this strategic entry into Europe, Banyan Tree not only enhances its global footprint but also taps into the growing demand for branded residences that offer lifestyle, security, and investment potential.
This launch in Madrid is likely to be the beginning of more such projects across the continent, reinforcing the brand’s evolution from a hospitality provider into a purveyor of luxury living rooted in wellness and culture.
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