The Best Hotels Closest to Mercado de la Paz in Madrid for 2026

Q: What's the area like around Mercado de la Paz?

Mercado de la Paz is located in a vibrant area of Madrid known for its popular art scene and major shopping area. If you're looking for a convenient place to stay, check out the 1148 hotels and other accommodations you'll find within a mile.

Q: Where is the best place to stay near Mercado de la Paz?

Adjacent to Mercado de la Paz, BLESS Hotel Madrid - The Leading Hotels of the World is one of the top choices for your stay based on our traveler data, and this hotel offers a full-service spa and 2 restaurants. Other good options within a short distance include Novotel Madrid Center and Wellington Hotel & Spa Madrid .

Q: How many hotels will I be able to find near Mercado de la Paz?

Expedia has 1148 hotels and other accommodations within a mile from Mercado de la Paz.

Q: If I need to cancel the hotel reservation for my stay near Mercado de la Paz, will I receive a refund?

Yes! Most room reservations are refundable if you cancel prior to the hotel's cancellation deadline, which is usually within 24-48 hours of your check-in date. If you booked a non-refundable reservation, you might be able to cancel it and receive a refund within 24 hours of booking. Add dates, click "Search", then use the "fully refundable" filter to get the best options available near Mercado de la Paz.

Q: Where can I learn more about changing or cancelling my trip in the area near Mercado de la Paz?

For more information about changing or cancelling your stay near Mercado de la Paz, go to https://www.expedia.com/service/ .

Q: What can I see and do near Mercado de la Paz?

You'll want to browse the collections at Prado Museum, Sorolla Museum, and Museum of Romanticism. Royal Palace of Madrid, National Library, and Calle de Alcalá are landmarks that you won't want to miss. You can check out the local talent at Nuevo Teatro Alcala, Círculo de Bellas Artes, and Teatro Rialto.

Q: How can I get to Mercado de la Paz?

With so many transportation options, seeing the area around Mercado de la Paz is a breeze. Walk to nearby metro stations like Serrano Station, Velazquez Station, and Nunez de Balboa Station. If you want to explore the larger area, ride aboard one of the trains from Madrid Recoletos Station.

Our top choices for Mercado de la Paz hotels

Relais & Châteaux Hotel Orfila

0.6 km from Mercado de la Paz

marla

￥75,340 total

includes taxes & fees

Mar 29 - Mar 30

Daily cooked-to-order breakfast (EUR 35 per person)

Only YOU Boutique Hotel

Chueca, 1 km from Mercado de la Paz

Mark Douglas

￥49,237 total

includes taxes & fees

Mar 15 - Mar 16

Daily buffet breakfast (EUR 23 per person)

ICON Wipton

Recoletos, 0.4 km from Mercado de la Paz

Reina

￥33,482 total

includes taxes & fees

Mar 15 - Mar 16

Luxury Apartment, 2 Bedrooms, Balcony, City View | City view

Ayala 63

0.7 km from Mercado de la Paz

Ana Maria

￥101,222 total

includes taxes & fees

Apr 10 - Apr 11

Rosewood Villa Magna

0.4 km from Mercado de la Paz

Leonardo

￥200,757 total

includes taxes & fees

Mar 15 - Mar 16

Barceló Emperatriz

1 km from Mercado de la Paz

FRANCISCO

￥33,060 total

includes taxes & fees

Mar 15 - Mar 16

Lunch and dinner served, Japanese cuisine

NH Collection Madrid Colón

Recoletos, 0.3 km from Mercado de la Paz

Jose

￥35,743 total

includes taxes & fees

Mar 15 - Mar 16

43-inch flat-screen TV with digital channels, TV

Tótem Madrid Hotel

Recoletos, 0.2 km from Mercado de la Paz

Leymar

￥50,714 total

includes taxes & fees

Mar 30 - Mar 31

Hotel Único Madrid - Small Luxury Hotels

Recoletos, < 0.1 km from Mercado de la Paz

Alfonso

￥69,753 total

includes taxes & fees

Mar 15 - Mar 16

El Autor Hotel, Madrid, Autograph Collection

Huertas, 1.5 km from Mercado de la Paz

Raquel

￥61,382 total

includes taxes & fees

Mar 30 - Mar 31

Relais & Châteaux Heritage Madrid

1 km from Mercado de la Paz

luke

￥65,486 total

includes taxes & fees

Mar 25 - Mar 26

Adjoining Terrace Suite, 2 bedrooms | Egyptian cotton sheets, premium bedding, down comforters

Brach Madrid - Evok Collection

Chueca, 1.5 km from Mercado de la Paz

lars

￥102,268 total

includes taxes & fees

Mar 15 - Mar 16

Deluxe Double Room, Terrace, City View | View from room

ICON Embassy

Recoletos, 0.2 km from Mercado de la Paz

Xavier

￥32,950 total

includes taxes & fees

Mar 15 - Mar 16

Mandarin Oriental Ritz, Madrid

Golden Triangle of Art, 1.5 km from Mercado de la Paz

Jose

￥210,627 total

includes taxes & fees

Mar 15 - Mar 16

Hotel Fenix Gran Meliá - The Leading Hotels of the World

Recoletos, 0.3 km from Mercado de la Paz

Dean

￥68,934 total

includes taxes & fees

Apr 6 - Apr 7

URSO Hotel & Spa

1.1 km from Mercado de la Paz

Nelson

￥66,562 total

includes taxes & fees

Mar 30 - Mar 31

Hotel Vincci The Mint

1.4 km from Mercado de la Paz

Ariel

￥23,592 total

includes taxes & fees

Mar 15 - Mar 16

BLESS Hotel Madrid - The Leading Hotels of the World

Recoletos, 0.2 km from Mercado de la Paz

Kai

￥63,759 total

includes taxes & fees

Mar 15 - Mar 16

Breakfast, lunch, dinner served; Mediterranean cuisine

One Shot Fortuny

0.5 km from Mercado de la Paz

german

￥18,368 total

includes taxes & fees

Mar 15 - Mar 16

Líbere Madrid Malasaña

Malasaña, 1.4 km from Mercado de la Paz

Yenuel

￥26,400 total

includes taxes & fees

Mar 15 - Mar 16

View all properties

Top Mercado de la Paz Hotel Reviews

Hotel Riu Plaza España

10/10 Excellent

"Very nice "

Hotel Regina

8/10 Good

"We absolutely loved our stay at this hotel. The location was perfect, within walking distance of everything we wanted to see and do. The hotel was very clean, and the staff were lovely and extremely helpful throughout our stay. We stayed in a room with a king bed, and robes and slippers were provided, which was a nice touch. Everything felt modern, well maintained, and comfortable. Breakfast was also good, although it was mostly the same each day, with standard options like pancakes, eggs, and other typical breakfast items. Overall, we had a great experience and would definitely stay here again."

Bless Hotel Madrid, a member of The Leading Hotels of the World

10/10 Excellent

"Great location in the Salamanca neighborhood. Easy to walk to places or taxis are readily available in front of the hotel. The room has character and relatively smaller. It was located in an outside courtyard, meaning you are exposed to rain walking in and out of your room. The gym is small but it has the basics. "

Hotels near other Mercado de la Paz attractions

Milla de Oro

During your visit to Madrid, you can search for that perfect souvenir at Milla de Oro. While in this culturally rich area, you can savor the lively bars.

See properties

El Corte Inglés

4.8/5 (25 reviews)

You can do some window-shopping at El Corte Inglés during your visit to Madrid. Make time to visit the area's shops, or simply enjoy its top-notch restaurants.

See properties

Frequently asked questions

What's the area like around Mercado de la Paz?

Mercado de la Paz is located in a vibrant area of Madrid known for its popular art scene and major shopping area. If you're looking for a convenient place to stay, check out the 1148 hotels and other accommodations you'll find within a mile.

Where is the best place to stay near Mercado de la Paz?

Adjacent to Mercado de la Paz, BLESS Hotel Madrid - The Leading Hotels of the World is one of the top choices for your stay based on our traveler data, and this hotel offers a full-service spa and 2 restaurants. Other good options within a short distance include Novotel Madrid Center and Wellington Hotel & Spa Madrid.

How many hotels will I be able to find near Mercado de la Paz?

Expedia has 1148 hotels and other accommodations within a mile from Mercado de la Paz.

If I need to cancel the hotel reservation for my stay near Mercado de la Paz, will I receive a refund?

Yes! Most room reservations are refundable if you cancel prior to the hotel's cancellation deadline, which is usually within 24-48 hours of your check-in date. If you booked a non-refundable reservation, you might be able to cancel it and receive a refund within 24 hours of booking. Add dates, click "Search", then use the "fully refundable" filter to get the best options available near Mercado de la Paz.

Where can I learn more about changing or cancelling my trip in the area near Mercado de la Paz?

For more information about changing or cancelling your stay near Mercado de la Paz, go to https://www.expedia.com/service/.

What can I see and do near Mercado de la Paz?

You'll want to browse the collections at Prado Museum, Sorolla Museum, and Museum of Romanticism. Royal Palace of Madrid, National Library, and Calle de Alcalá are landmarks that you won't want to miss. You can check out the local talent at Nuevo Teatro Alcala, Círculo de Bellas Artes, and Teatro Rialto.

How can I get to Mercado de la Paz?

With so many transportation options, seeing the area around Mercado de la Paz is a breeze. Walk to nearby metro stations like Serrano Station, Velazquez Station, and Nunez de Balboa Station. If you want to explore the larger area, ride aboard one of the trains from Madrid Recoletos Station.

Find hotels near Mercado de la Paz, Madrid from ￥18,368

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Our top choices for Mercado de la Paz hotels

Relais & Châteaux Hotel Orfila

Only YOU Boutique Hotel

ICON Wipton

Ayala 63

Rosewood Villa Magna

Barceló Emperatriz

NH Collection Madrid Colón

Tótem Madrid Hotel

Hotel Único Madrid - Small Luxury Hotels

El Autor Hotel, Madrid, Autograph Collection

Relais & Châteaux Heritage Madrid

Brach Madrid - Evok Collection

ICON Embassy

Mandarin Oriental Ritz, Madrid

Hotel Fenix Gran Meliá - The Leading Hotels of the World

URSO Hotel & Spa

Hotel Vincci The Mint

BLESS Hotel Madrid - The Leading Hotels of the World

One Shot Fortuny

Líbere Madrid Malasaña

Top Mercado de la Paz Hotel Reviews

Hotel Riu Plaza España

Hotels near other Mercado de la Paz attractions

Milla de Oro

El Corte Inglés

Frequently asked questions