The Royal Palace of Madrid with its manicured Sabatini Gardens in the foreground.
neighborhoodHistory buffsCouples seeking romantic surroundings

Palacio

Majestic, historic, and surprisingly quiet.

Photo by Daniel Prado on Unsplash
Rent
27 €/m²
Sale
7,239 €/m²

Overview

Palacio encompasses the Royal Palace and the historic 'Madrid de los Austrias.' It is arguably the most beautiful part of the city, with wide stone plazas and grand architecture. Unlike Sol or Malasaña, certain pockets of Palacio are surprisingly quiet and residential. The trade-off is that the hills are steep, and many buildings are protected, meaning renovations can be difficult and elevators rare.

Best for

  • History buffs
  • Couples seeking romantic surroundings
  • Fans of classical architecture

Less suited to

  • People needing modern building amenities
  • Those on a strict budget
"Living amongst the grandest history and most beautiful views in the city."