The Best Hotels Closest to Mercado de la Paz in Madrid - 2026 Updated Prices

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, take a look at the 966 hotels and other accommodation options you'll find within a mile.

Q: What's the best hotel 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 traveller data, and this hotel offers a full-service spa and 2 restaurants. Other good options within a short distance include Novotel Madrid Center and Hotel Gran Versalles .

Q: How many hotels can I expect to find close to Mercado de la Paz?

Expedia has 966 hotels and other accommodation options 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 hotel reservations are refundable if you cancel prior to the accommodation's cancellation deadline, which is often 24 or 48 hours before your check-in date. If you have a reservation that's non-refundable, you might be able to still cancel and receive a refund within 24 hours of booking. Add dates, click "Search", then you can use the "fully refundable" filter to review the top deals on offer near Mercado de la Paz.

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

You'll want to browse the collections at National Prado Museum, La Caixa Foundation and Sorolla Museum. National Library, Calle de Alcalá and Puerta de Alcalá are landmarks that you won't want to miss. You can check out the local talent at Círculo de Bellas Artes, Teatro Rialto and Teatro La Strada Gran Via.

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

With so many ways to get around, seeing the area around Mercado de la Paz is easy. Nearby metro stations include Serrano Station, Velazquez Station and Nunez de Balboa Station. To see more of 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

Ana

฿15,001 total

includes taxes & fees

8 Jun - 9 Jun

Daily cooked-to-order breakfast for a fee

Only YOU Boutique Hotel

Chueca, 1 km from Mercado de la Paz

Tammy

฿13,989 total

includes taxes & fees

21 Jun - 22 Jun

Rosewood Villa Magna

0.4 km from Mercado de la Paz

Leonardo

฿47,965 total

includes taxes & fees

17 Jun - 18 Jun

Barceló Emperatriz

1 km from Mercado de la Paz

JUAN CAMILO

฿9,553 total

includes taxes & fees

25 May - 26 May

El Autor Hotel, Madrid, Autograph Collection

Huertas, 1.5 km from Mercado de la Paz

Jhon Pierre

฿16,514 total

includes taxes & fees

21 Jun - 22 Jun

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

ICON Embassy

Recoletos, 0.2 km from Mercado de la Paz

Jaime mario

฿13,136 total

includes taxes & fees

21 Jun - 22 Jun

Santo Mauro, a Luxury Collection Hotel, Madrid

0.8 km from Mercado de la Paz

Syed Fazal

฿28,335 total

includes taxes & fees

8 Jun - 9 Jun

Mandarin Oriental Ritz, Madrid

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

Jose

฿38,960 total

includes taxes & fees

14 Jun - 15 Jun

Hotel Único Madrid - Small Luxury Hotels

Recoletos, < 0.1 km from Mercado de la Paz

James

฿20,130 total

includes taxes & fees

21 Jun - 22 Jun

Hotel Fenix Gran Meliá - The Leading Hotels of the World

Recoletos, 0.3 km from Mercado de la Paz

Fara

฿18,728 total

includes taxes & fees

14 Jun - 15 Jun

Wellington Hotel & Spa Madrid

Recoletos, 0.6 km from Mercado de la Paz

Savannah

฿19,903 total

includes taxes & fees

21 Jun - 22 Jun

URSO Hotel & Spa

1.1 km from Mercado de la Paz

Sharon

฿16,671 total

includes taxes & fees

21 Jun - 22 Jun

NH Collection Madrid Gran Vía

Sol, 1.6 km from Mercado de la Paz

Gabriel

฿11,146 total

includes taxes & fees

21 Jun - 22 Jun

Hotel Vincci The Mint

1.4 km from Mercado de la Paz

Luis A.

฿9,508 total

includes taxes & fees

14 Jun - 15 Jun

VP Jardín de Recoletos

Recoletos, 0.7 km from Mercado de la Paz

Rosalina

฿12,614 total

includes taxes & fees

21 Jun - 22 Jun

ICON Wipton

Recoletos, 0.4 km from Mercado de la Paz

Eduardo

฿13,648 total

includes taxes & fees

21 Jun - 22 Jun

Adjoining Terrace Suite, 2 bedrooms | Egyptian cotton sheets, premium bedding, down duvets, free minibar items

Brach Madrid - Evok Collection

Chueca, 1.5 km from Mercado de la Paz

John

฿20,414 total

includes taxes & fees

7 Jun - 8 Jun

Apartment, 2 Bedrooms (Duplex) | Terrace/patio

Hyatt Regency Madrid Residences

1.1 km from Mercado de la Paz

Hao

฿20,092 total

includes taxes & fees

4 Jun - 5 Jun

AC Hotel Recoletos by Marriott

Recoletos, 0.8 km from Mercado de la Paz

Xavier

฿14,097 total

includes taxes & fees

20 Jun - 21 Jun

Premium bedding, in-room safe, desk, laptop workspace

Tribu Malasaña

Malasaña, 1.3 km from Mercado de la Paz

Eloy

฿6,090 total

includes taxes & fees

21 Jun - 22 Jun

View all properties

Compare popular hotels close to Mercado de la Paz

Property	Property class	Guest rating
Relais & Châteaux Hotel Orfila	5.0 star property	9.8 Exceptional 574 reviews	View
Only YOU Boutique Hotel	4.0 star property	9.8 Exceptional 1,006 reviews	View
Rosewood Villa Magna	5.0 star property	9.6 Exceptional 125 reviews	View
Barceló Emperatriz	5.0 star property	9.6 Exceptional 1,178 reviews	View
El Autor Hotel, Madrid, Autograph Collection	5.0 star property	9.8 Exceptional 30 reviews	View

Top Mercado de la Paz Hotel Reviews

Hotel Emperador

10/10 Excellent

"This is home away from home. It’s the absolute queen of Gran Via. Accesible, well maintained and impossible to find friendlier staff( biased). It’s an experience"

NH Madrid Lagasca

10/10 Excellent

"My stay at NH Lagasca Madrid exceeded all expectations. From the moment I arrived, I was impressed by how spacious and well-appointed the room was plenty of space to truly relax and unwind after a day exploring the city. The cleanliness was impeccable; everything was spotless and clearly well-maintained, which made a huge difference in the overall comfort of the stay. Housekeeping did a fantastic job keeping the room fresh and tidy throughout my visit. The location in the Salamanca neighborhood is unbeatable."

Wellington Hotel & Spa Madrid

8/10 Good

"Overall a 4-star experience. The room is smaller than the photos suggest, and ours had a broken steamer, faulty AC, and no luggage rack something most hotels at this level provide. They did fix the AC the same day we complained, after one rough night of sleep. Check-in was a letdown. Staff seemed overwhelmed and didn’t explain any amenities, so we had to piece together spa hours, gym access, and other details by asking other staff throughout our stay. The wellness area is nice, but the breakfast selection was small. If I booked again, I’d skip the wellness package and put that money toward including breakfast it’s the better value. The wait staff and housekeeping team saved the stay by patiently explaining how things worked. Without them, this would be closer to 3.5 stars. For a hotel charging near Four Seasons prices in Salamanca, it needs more polish to earn a true 5-star rating."

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 walkable area, you can savour the lively bars.

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, take a look at the 966 hotels and other accommodation options you'll find within a mile.

What's the best hotel 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 traveller data, and this hotel offers a full-service spa and 2 restaurants. Other good options within a short distance include Novotel Madrid Center and Hotel Gran Versalles.

How many hotels can I expect to find close to Mercado de la Paz?

Expedia has 966 hotels and other accommodation options 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 hotel reservations are refundable if you cancel prior to the accommodation's cancellation deadline, which is often 24 or 48 hours before your check-in date. If you have a reservation that's non-refundable, you might be able to still cancel and receive a refund within 24 hours of booking. Add dates, click "Search", then you can use the "fully refundable" filter to review the top deals on offer near Mercado de la Paz.

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

You'll want to browse the collections at National Prado Museum, La Caixa Foundation and Sorolla Museum. National Library, Calle de Alcalá and Puerta de Alcalá are landmarks that you won't want to miss. You can check out the local talent at Círculo de Bellas Artes, Teatro Rialto and Teatro La Strada Gran Via.

How can I get to Mercado de la Paz?

With so many ways to get around, seeing the area around Mercado de la Paz is easy. Nearby metro stations include Serrano Station, Velazquez Station and Nunez de Balboa Station. To see more of the larger area, ride aboard one of the trains from Madrid Recoletos Station.

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Our top choices for Mercado de la Paz hotels

Relais & Châteaux Hotel Orfila

Only YOU Boutique Hotel

Rosewood Villa Magna

Barceló Emperatriz

El Autor Hotel, Madrid, Autograph Collection

ICON Embassy

Santo Mauro, a Luxury Collection Hotel, Madrid

Mandarin Oriental Ritz, Madrid

Hotel Único Madrid - Small Luxury Hotels

Hotel Fenix Gran Meliá - The Leading Hotels of the World

Wellington Hotel & Spa Madrid

URSO Hotel & Spa

NH Collection Madrid Gran Vía

Hotel Vincci The Mint

VP Jardín de Recoletos

ICON Wipton

Brach Madrid - Evok Collection

Hyatt Regency Madrid Residences

AC Hotel Recoletos by Marriott

Tribu Malasaña

Compare popular hotels close to Mercado de la Paz

Top Mercado de la Paz Hotel Reviews

Hotel Emperador

Hotels near other Mercado de la Paz attractions

Milla de Oro

Frequently asked questions