The series was initially intended as a limited series that will be told in two parts. It had its original broadcast of 15 episodes on the Spanish network Antena 3 from May 2, 2017 to November 23, 2017. Netflix acquired the global broadcasting rights at the end of 2017.
It re-cut the series into 22 shorter episodes and launched them all over the world, starting with the first. Part on December 20, 2017, followed by Part Two on April 6, 2018. In April 2018, Netflix renewed the series with a significantly higher budget for 16 new episodes in total. Part 3, with eight episodes, was released on July 19, 2019. Part 4, also with eight episodes, was released on April 3, 2020.
A documentary involving the producers and cast premiered on Netflix on same day, entitled Money Heist: The Phenomenon (Spanish: La casa de papel: El Fenómeno). In July 2020, Netflix renewed the show for a fifth and final part, which will be released in two volumes of five episodes on September 3 and December 3, 2021, respectively. The series was filmed in Madrid, Spain. Important parts of parts 3 and 4 were also filmed in Panama, Thailand and Italy (Florence).
The series received several awards, including the International Emmy Award for Best Dramatic Series at the 46th International Emmy Awards, as well as critical acclaim for its sophisticated plot, interpersonal dramas, direction, and for trying to innovate Spanish television.
The Italian anti-fascist song “Bella ciao”, played multiple times throughout the series, became a summer hit in Europe in 2018. In 2018, the series was the most watched non-English language series and one of the most viewed. series viewed in general on Netflix, with a particular resonance coming from viewers in Mediterranean Europe and Latin American regions.