Located in the heart of Madrid, specifically at 65 Zurbano Street, VAULTS1’s vault has arrived—a service already thriving in the European Union that allows individuals to rent safe deposit boxes of various sizes to meet demand and securely store objects and documents that require special custody.
This is VAULTS1’s second location in Spain, following the opening of its first Spanish site in Valencia in June 2024.
“The vault is monitored 24 hours a day, 7 days a week and will be managed by CHS Investment Group,” the company explains. Madrid marks their seventh European location after other openings in Spain, Lithuania, and Latvia.
“We chose Spain, one of the largest economies in the European Union, for the major development of our activity. Our research has revealed the population’s need for rentable safe deposit boxes to store their most valuable belongings. After the success in Valencia, Madrid was the next target, but we continue planning to expand,” states Vilius Makauskas, CEO of CHS Investment Group.
Multilevel security with insured boxes
The facility, equipped with the best technology and advanced software to offer multi-level security, ensures full privacy since there is no video surveillance inside the room where users handle the contents of their boxes. However, it is equipped with a two-way audio system that enhances internal security.
Traditionally, this type of service was part of banking institutions, but access hours were often inconvenient for many users.
VAULTS1 offers clients one of the main advantages of using private safe deposit boxes: full control over their own storage, allowing users to access their valuables anytime day or night without needing prior registration or reservations.
Unlike banks, customers can request and pay for their safe deposit boxes entirely online, without complications, providing greater accessibility and convenience. Thanks to its innovative automated system, VAULTS1 has established itself as the first and largest provider of private safe deposit box rentals in Spain, ensuring an efficient and secure service tailored to the needs of the modern user.
In the 100 m² Madrid facility, clients can rent up to six different sizes of safe deposit boxes, from XS boxes for small items to XXL boxes for larger objects requiring custody.
Additionally, their commitment to security is such that each box is insured for €25,000, providing peace of mind to their users.