Inside Banyan Tree’s First Branded Residences in Europe

Banyan Tree may be best known for its hotels, but the international hospitality group also runs more than 20 branded residential developments around the world. And for the first time ever, it’s expanding to Europe.

Banyan Tree Padilla Madrid Residences will be the company’s inaugural branded residences on the continent. Situated in the capital city’s ritzy Salamanca district within a 1948 building designed by rationalist Spanish architect Luis Gutiérrez Soto, the 24 homes span from one-bedroom layouts to four bedrooms, with prices starting at about 3 million euros ($3.4 million) and rising to more than 16 million euros ($18.4 million).

High ceilings top the bedrooms.

Caramba Estudio

“Banyan Tree Padilla Madrid Residences marks an exciting milestone as our first branded residence in Europe, expanding our legacy beyond Asia and bringing our signature hospitality and wellness lifestyle to a new audience,” Stuart Reading, the managing director at Banyan Group Residences, said in a statement. “This project is a testament to our commitment to creating exceptional living experiences that honor both cultural heritage and contemporary elegance.”

The Gutiérrez Soto building in Madrid’s upscale Salamanca district has been updated and restored by the architect Julio Touza Sacristán. The facade and four open sides remain intact, while many other aspects have been modernized for today. Inside, the design firm Caramba Estudio has outfitted every residence with a mix of the traditional and the contemporary: White windows and shutters pay homage to classic Madrid design, as do traditional moldings on the high ceilings. The heated oak floors sport a herringbone pattern, and each home has its own terrace.

The rooftop has a small pool area.

Caramba Estudio

In the kitchens, natural stone counters are paired with satin metal cabinetry. Bedrooms have central upholstered panels with smoked glass on the sides, a detail that’s mimicked on the wardrobes. And the bathrooms include Portoro marble vanities and brushed brass finishes.

As a well-regarded hotel brand, Banyan Tree has transported some of its resort-like amenities into the building as well. There’s a spa with a Turkish bath and sauna, an indoor pool, and a state-of-the-art gym. Meeting rooms and private dining areas inside are complemented by exterior gardens and an interior garden courtyard. A full-service concierge is on call should you need anything more. And if you want to venture beyond the residences’ walls, the Salamanca district is home to high-end stores from the likes of Chanel, Louis Vuitton, and Hermès, along with art galleries and Michelin-starred restaurants.

Click here to see all the images of the forthcoming residences in Spain.

Authors

• Tori Latham

  Tori Latham is a digital staff writer at Robb Report. She was previously a copy editor at The Atlantic, and has written for publications including The Cut and The Hollywood Reporter. When not…

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