El Salvador buys a property for its new consulate in Madrid for €1.75M

El Salvador buys a property for its new consulate in Madrid for €1.75M

El Salvador now has a Consulate General in the Spanish capital. The Latin American country has bought a new building destined to be its new consular representation after receiving the green light last August from the Spanish government.

The new premises, located at number 35 Calle Villanueva, has more than 400 square metres and will serve the more than 8,000 Salvadoran citizens living in Madrid. Close to the Retiro and Goya areas, the future consulate is strategically located and very well connected. It is expected to officially open its doors during the second quarter of 2023.

The purchase of the property has been advised by Brickbro, a firm specialising in the sale and purchase of commercial premises, and will allow the Consulate General of El Salvador to be outsourced to a new location, as until now it shared its headquarters with the country's own embassy, at number 178 of the emblematic Paseo de la Castellana.

Due to the future nature of the property, the operation has required the approval of the executive, since all investments in real estate for representative or consular purposes made by non-European Union member states must comply with Spanish legislation, which requires the Council of Ministers to approve this type of project.

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