The Palace sits on Plaza de las Cortes, directly beside the Neptune fountain and opposite the Spanish parliament, and it is the traditional address for travellers who want to be in the heart of the Golden Triangle of Art. It is listed as a 5.0 star property with 470 rooms, a size that gives it the scale of a classic grand hotel rather than a boutique. The public spaces are its signature: an on-site restaurant under a domed rotunda, a buffet breakfast with vegetarian options, and a bar serving cocktails with a view of the Neptune fountain. Rooms are equipped for comfort, with premium and hypoallergenic bedding, deep soaking tubs, free toiletries, laptop-friendly safes and workspaces, and 24-hour room service. Property amenities listed include a gym, a terrace, a garden, a hair salon, on-site shopping, laundry and dry cleaning, limo and town car service, a 24-hour front desk and concierge and free WiFi. No pool or spa is listed, so this is a hotel for location, service and atmosphere rather than for wellness facilities. Pets are accepted for a fee per stay, and parking is limited, with no price listed.
Who it suits
Art lovers above all. The Thyssen-Bornemisza Museum is listed one minute away on foot, the Paseo del Prado is one minute away and the Prado itself is about three minutes, which makes it the easiest base in Madrid for a long museum weekend. Gran Via is about six minutes' walk and the Puerta del Sol about ten.
First-time visitors who want to cover the main sights on foot, couples who value a grand setting, and older travellers who appreciate full-service comfort will all find it a natural fit. Families are welcome and free cribs are listed.
Living in it
The neighbourhood around Plaza de las Cortes is calmer at night than Sol or Gran Via, yet the Barrio de las Letras and its bars are within easy reach. The Metro station Anton Martin is a seven-minute walk and Banco de Espana is seven minutes, so you will do most of your sightseeing on foot.
Breakfast is charged at a surcharge, so compare the buffet price with a walk to a nearby cafe for coffee and tostada. Check-in starts at two in the afternoon and check-out is at noon, with late arrival possible during limited hours. Free cancellation is available on selected rates.
Value
Rates vary by season and demand, so compare your dates. What you pay for is the location, the architecture and the service of a long-established address. If you want a pool or spa, look elsewhere; if you want to wake up and walk to the Prado before the queue forms, it is hard to beat. Book early for spring, autumn and any major exhibition at the museums.
Why stay here
- ✓470 rooms
- ✓Domed rotunda restaurant
- ✓Bar overlooking the Neptune fountain
- ✓24-hour room service
- ✓Gym
- ✓Terrace and garden
- ✓Free WiFi
- ✓24-hour front desk and concierge
Good questions
Where is The Palace Madrid?+
On Plaza de las Cortes 7 beside the Neptune fountain. The Thyssen-Bornemisza Museum and Paseo del Prado are about a minute away on foot and the Prado is about three minutes.
Does it have a pool or spa?+
Neither is listed among the property's amenities. It does have a gym, a terrace, a garden and a hair salon.
Is breakfast included?+
Not by default. The buffet breakfast is charged at a surcharge, and vegetarian options are available. Check your rate for details.







