10 Best Hotels & Accommodation Closest to Mercado de la Paz in Madrid from NZ$274

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Our top choices for Mercado de la Paz hotels

A spacious lobby with a checkered floor, seating areas with tropical leaf-patterned upholstery, and a large mirror reflecting the space.

A well-lit indoor seating area with a view of the outdoor patio. There are three chairs and a table with a black box on it.

A black double door with a decorative arch above it, flanked by two potted plants.

A room with a large window, a chandelier, a table, and two chairs.

1. Relais & Châteaux Heritage Madrid

1 km from Mercado de la Paz

rafael

NZ$687

includes taxes & fees

2 Nov - 3 Nov

A black and white checkered floor, ornate black metal railings, and blue and white patterned walls.

A building with a sign reading 'LIBERIA' and a blue awning with 'Only YOU' written on it.

An outdoor dining area with wicker tables and chairs, surrounded by lush greenery and vines.

A hotel corridor with a buffet area, wooden cabinets, and a chandelier.

2. Only YOU Boutique Hotel

Chueca, 1 km from Mercado de la Paz

Katrina

NZ$703

includes taxes & fees

10 Nov - 11 Nov

A multi-story building with a classical architectural style, featuring balconies, large windows, and a corner location.

A modern interior with a unique hanging sculpture.

A hotel lobby with wooden flooring, a reception desk, and a seating area.

3. Mercer Madrid

Golden Triangle of Art, 1.3 km from Mercado de la Paz

Jennifer

NZ$728

includes taxes & fees

1 Nov - 2 Nov

An outdoor patio with tables and chairs, surrounded by greenery and a decorative wall.

An elegant dining area with marble-paneled walls, large arched windows, and a view of the garden.

A lobby with ornate furniture, a staircase, and a large painting.

A spacious lobby with marble flooring, a central dining area, and ornate columns.

4. Relais & Châteaux Hotel Orfila

Almagro, 0.6 km from Mercado de la Paz

CARLOS

NZ$746

includes taxes & fees

11 Nov - 12 Nov

A modern outdoor dining area with wicker chairs, a wooden table, and potted plants.

A modern building with a large glass facade, a reflective water feature, and a covered entrance area.

A hotel room with a large bed, a TV, a desk, and a view of the city.

A modern bar area with seating and a bar counter.

5. Rosewood Villa Magna

0.4 km from Mercado de la Paz

Diego Enrique

NZ$2,088

includes taxes & fees

9 Nov - 10 Nov

A covered walkway with a glass railing, surrounded by indoor plants and tables with chairs.

A modern dining area with a long table, cushioned seating, and a unique ceiling light fixture.

A modern interior with a curved ceiling, a seating area with a sofa and chairs, a dining area with a table and chairs, and a large artwork on the wall.

A room with a view of a building with a blue roof and statues.

6. Casa Faraona Luxury Residences

Recoletos, 0.8 km from Mercado de la Paz

Raquel

NZ$988

includes taxes & fees

1 Nov - 2 Nov

A modern hotel room with a large bed, a sofa, a coffee table, and a mirror.

A modern hotel room with a teal sofa, a wooden coffee table, a double bed with white bedding, and a large mirror on the wall.

A compact kitchenette with a microwave, coffee maker, and sink.

A hallway with a patterned carpet, doors on both sides, and a curved light fixture above.

7. Tribu Malasaña

Malasaña, 1.3 km from Mercado de la Paz

Tazrina

NZ$274

includes taxes & fees

9 Nov - 10 Nov

A modern hotel facade with a prominent entrance, large glass windows, and a purple-lit awning.

A modern lounge area with a fireplace, purple sofas, and round tables.

A rooftop terrace with a table set for a meal, a bottle of champagne, and a glass of wine.

A modern hotel lobby with a marble reception desk, a bar area, and a seating area with sofas and chairs.

8. Barceló Emperatriz

1 km from Mercado de la Paz

Kathy

NZ$507

includes taxes & fees

1 Nov - 2 Nov

An indoor dining area with brick walls, green foliage, and hanging spherical lights. Tables are set with white tablecloths and chairs.

A lobby with a marble floor, two potted plants, a reception desk, and a chandelier.

A modern hotel room with a large bed, a sitting area with a chair, a television, and a mirror.

An elevator entrance with ornate black metal railings and a wooden door.

9. Wipton by Petit Palace – formerly known as Icon Wipton

Recoletos, 0.4 km from Mercado de la Paz

Maria

NZ$551

includes taxes & fees

11 Nov - 12 Nov

An outdoor café with checkered flooring, outdoor seating, and tables.

A luxurious hotel lobby with ornate decor, a grand chandelier, and a view to the outside.

A grand building with a fountain, surrounded by well-manicured gardens and palm trees.

A grand hallway with ornate columns, a central decorative fountain, and a staircase leading to an upper level.

10. Santo Mauro, a Luxury Collection Hotel, Madrid

Almagro, 0.8 km from Mercado de la Paz

Nina

NZ$1,646

includes taxes & fees

12 Nov - 13 Nov

A rooftop terrace with wicker furniture, a glass coffee table, and potted plants.

A modern indoor swimming pool with wooden paneling, lounge chairs, and a view of the outside.

A historic building with ornate architectural details, multiple balconies, and large windows.

A modern interior with a glass staircase, wooden shelves with books, and a seating area with a patterned ottoman.

11. URSO Hotel & Spa

1.1 km from Mercado de la Paz

Navdeep

NZ$807

includes taxes & fees

2 Nov - 3 Nov

A historic hotel with a classic architectural style, featuring a prominent corner entrance, multiple balconies, and a well-lit facade.

A pool area with lounge chairs and a mural.

A hotel room with a large bed, a bench, a small table with a vase, and a view of a cityscape through a window.

A balcony with wicker chairs, a glass table, and a potted plant with flowers.

12. Wellington Hotel & Spa Madrid

Recoletos, 0.6 km from Mercado de la Paz

Niloufar

NZ$928

includes taxes & fees

12 Nov - 13 Nov

A staircase with a wooden handrail and metal balusters, decorated with string lights.

A modern bedroom with a large bed, a brick wall, and a wooden panel wall.

A hotel entrance with a large wooden door, stone columns, and a sign for B&B Hotels.

A rooftop terrace with white cushioned seating and a vertical garden wall.

13. B&B Hotel Madrid Centro F52

Chueca, 1.4 km from Mercado de la Paz

Angie

NZ$317

includes taxes & fees

9 Nov - 10 Nov

A modern indoor dining area with tables and chairs, a large abstract sculpture, and a glass ceiling.

A modern kitchen with wooden cabinets, white countertops, and built-in shelves for dishes and utensils.

A multi-story building with a modern architectural style, surrounded by lush greenery including palm trees.

A modern lobby with marble flooring, two armchairs, a coffee table, and a large wall mural.

14. VP SOGNIO Madroño

1.1 km from Mercado de la Paz

Bianca

NZ$372

includes taxes & fees

9 Nov - 10 Nov

A rooftop terrace with lounge chairs, a table with champagne, and a view of a modern building with a glass entrance.

A modern living room with a dining area, large windows, and a view of the city.

A modern kitchen with wooden cabinets, stainless steel appliances, and a large island.

A modern living room with a flat-screen TV, a sofa, a coffee table, and a view of the city through large windows.

15. Hyatt Regency Madrid Residences

1.1 km from Mercado de la Paz

Allison

NZ$747

includes taxes & fees

8 Nov - 9 Nov

A buffet with various food items and beverages, including fruits, pastries, and a glass display case with flowers.

A bar area with a modern design, including a pink chair and a marble countertop.

A rooftop terrace with red lounge chairs, a small table, and a potted plant.

A hotel room with a bed, a chair, a table with a book and a fruit plate, and a view of a cityscape with a clock tower.

16. NH Collection Madrid Colón

Recoletos, 0.3 km from Mercado de la Paz

Maria

NZ$639

includes taxes & fees

1 Nov - 2 Nov

A hotel entrance with a glass door, a staircase, and decorative lighting.

A hotel room with a large bed, bedside tables, a desk with a lamp, and a view of the outside.

A building with a brick facade, a balcony with wrought iron railings, and a glass entrance door.

A breakfast table with a variety of food items and drinks, two upholstered chairs, and a view of the outside through a window with a balcony.

17. One Shot Recoletos

Recoletos, 0.9 km from Mercado de la Paz

Nicole

NZ$333

includes taxes & fees

9 Nov - 10 Nov

A balcony with a table set for breakfast, overlooking a row of buildings with a prominent tower.

A hotel lobby with wooden paneling, a staircase, and multiple potted plants.

A hotel entrance with a large decorative sign, two potted plants, and a red carpet leading to the entrance.

A modern outdoor seating area with wooden furniture, potted plants, and a bar counter.

18. NH Collection Madrid Suecia

Huertas, 1.4 km from Mercado de la Paz

Juan

NZ$507

includes taxes & fees

9 Nov - 10 Nov

A table with food and drinks on a balcony overlooking a cityscape.

A modern cafe with glass ceilings, wicker furniture, and indoor plants.

A wooden staircase with stone walls, a metal handrail, and a potted plant.

A spacious lobby with a high ceiling, modern seating arrangements, and large windows allowing natural light.

19. Embassy by Petit Palace – formerly known as Icon Embassy

Recoletos, 0.2 km from Mercado de la Paz

carlos

NZ$514

includes taxes & fees

9 Nov - 10 Nov

An outdoor seating area with multiple tables and chairs, surrounded by potted plants and umbrellas.

A formal dining room with multiple tables, elegant chandeliers, and classic decor.

A luxurious room with a large bed, two sofas, a round coffee table, and a bookshelf filled with books.

The entrance of Hotel Único with a sign indicating it is part of the El Patio de Claudio.

20. Hotel Único Madrid - Small Luxury Hotels

Recoletos, < 0.1 km from Mercado de la Paz

Thomas

NZ$868

includes taxes & fees

11 Nov - 12 Nov

View all properties

Compare popular hotels close to Mercado de la Paz

Property	Property class	Guest rating
Relais & Châteaux Heritage Madrid	9.8 Exceptional 617 reviews	View
Mercer Madrid	9.8 Exceptional 30 reviews	View
Only YOU Boutique Hotel	9.8 Exceptional 1,004 reviews	View
Relais & Châteaux Hotel Orfila	9.8 Exceptional 587 reviews	View
Rosewood Villa Magna	9.8 Exceptional 156 reviews	View

Top Mercado de la Paz Hotel Reviews

Live It Gran Via

10/10 Excellent

"Great place for a short stay. Breakfast was amazing."

Wellington Hotel & Spa Madrid

10/10 Excellent

"Excellent hotel"

Hotel Riu Plaza España

10/10 Excellent

"Great location. Great staff. Amazing views."

NH Collection Madrid Colón

10/10 Excellent

"Excellent location wonderful staff. Alejandro the bartender, Rafael in counter went beyond the norm. Will return"

Hotel Regina

10/10 Excellent

"Wonderful hotel in a great location. Gym and breakfast were some of the best I’ve been to at a hotel. Highly recommend."

Hotel Gran Versalles

8/10 Good

"El desayuno muy variado , el personal muy atento"

Hotel Serrano

10/10 Excellent

"Great short stay in a great location."

Other attractions near Mercado de la Paz

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.

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El Corte Inglés

9.6/10 (25 reviews)

You can search for that perfect souvenir at El Corte Inglés during your trip to Madrid. Make time to visit the area's shops or simply enjoy its top-notch restaurants.

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La Caixa Foundation

10.0/10 (1 review)

You can browse the exhibits at La Caixa Foundation, a museum with a storied past, during your trip to Madrid. Experience the acclaimed theatre scene and fascinating museums in this vibrant area.

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Kreisler Gallery

You can browse the exhibits at Kreisler Gallery, a museum with a story of its own, during your holiday in Madrid. Experience the acclaimed theatre scene and fascinating museums in this vibrant area.

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El Jardin de Serrano

8.6/10 (8 reviews)

During your visit to Madrid, you can search for that perfect souvenir at El Jardin de Serrano. Experience the acclaimed art galleries and fascinating museums in this vibrant area.

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Goya Social Club

After visiting Goya Social Club, make a plan to see the other sights and activities in Madrid. Discover the area's fascinating museums and shops.

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Jorge Juan Gallery

You can browse the exhibits at Jorge Juan Gallery, a museum with a storied past, during your travels to Madrid. Discover the acclaimed theatre scene and shops in this vibrant area.

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Church of San Andres de Los Flamencos

After visiting Church of San Andres de Los Flamencos, make a plan to see the other sights and activities in Madrid. Experience the acclaimed theatre scene and fascinating museums in this vibrant area.

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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 987 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 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 Embassy by Petit Palace – formerly known as Icon Embassy and Petit Palace President Castellana.

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

Expedia has 987 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 Thyssen-Bornemisza National Museum, National Prado Museum and CaixaForum Madrid. National Library, Calle de Alcalá and Church of Santa Barbara of the Salesas Reales 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.

Top Hotels Near Mercado de la Paz in Madrid from NZ$274

Change your mind

Treat yourself

Be picky

Check prices for these dates

Filter by

Property class

Guest rating

Our top choices for Mercado de la Paz hotels

1. Relais & Châteaux Heritage Madrid

2. Only YOU Boutique Hotel

3. Mercer Madrid

4. Relais & Châteaux Hotel Orfila

5. Rosewood Villa Magna

6. Casa Faraona Luxury Residences

7. Tribu Malasaña

8. Barceló Emperatriz

9. Wipton by Petit Palace – formerly known as Icon Wipton

10. Santo Mauro, a Luxury Collection Hotel, Madrid

11. URSO Hotel & Spa

12. Wellington Hotel & Spa Madrid

13. B&B Hotel Madrid Centro F52

14. VP SOGNIO Madroño

15. Hyatt Regency Madrid Residences

16. NH Collection Madrid Colón

17. One Shot Recoletos

18. NH Collection Madrid Suecia

19. Embassy by Petit Palace – formerly known as Icon Embassy

20. Hotel Único Madrid - Small Luxury Hotels

Compare popular hotels close to Mercado de la Paz

Top Mercado de la Paz Hotel Reviews

Live It Gran Via

Wellington Hotel & Spa Madrid

Hotel Riu Plaza España

NH Collection Madrid Colón

Hotel Regina

Hotel Gran Versalles

Hotel Serrano

Other attractions near Mercado de la Paz

Milla de Oro

El Corte Inglés

La Caixa Foundation

Kreisler Gallery

El Jardin de Serrano

Goya Social Club

Jorge Juan Gallery

Church of San Andres de Los Flamencos

Frequently asked questions