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 973 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 Wellington Hotel & Spa Madrid and Novotel Madrid Center .

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

Expedia has 973 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 National Prado Museum, Sorolla Museum, and Thyssen-Bornemisza National Museum. 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 Círculo de Bellas Artes, Teatro La Strada Gran Via, and Lope de Vega Theatre.

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.

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Our top choices for Mercado de la Paz hotels

Relais & Châteaux Hotel Orfila

0.6 km from Mercado de la Paz

Lauren Ami

NT$12,228 total

includes taxes & fees

Jun 21 - Jun 22

Down comforters, minibar, in-room safe, desk

Only YOU Boutique Hotel

Chueca, 1 km from Mercado de la Paz

Yaima

NT$9,094 total

includes taxes & fees

Jul 14 - Jul 15

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

ICON Embassy

Recoletos, 0.2 km from Mercado de la Paz

Jaime mario

NT$8,543 total

includes taxes & fees

Jul 20 - Jul 21

Hotel Único Madrid - Small Luxury Hotels

Recoletos, < 0.1 km from Mercado de la Paz

James

NT$14,021 total

includes taxes & fees

Jul 19 - Jul 20

NH Collection Madrid Colón

Recoletos, 0.3 km from Mercado de la Paz

Hector

NT$8,152 total

includes taxes & fees

Jul 20 - Jul 21

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

Tótem Madrid Hotel

Recoletos, 0.2 km from Mercado de la Paz

Ryan

NT$11,249 total

includes taxes & fees

Jul 20 - Jul 21

Santo Mauro, a Luxury Collection Hotel, Madrid

0.8 km from Mercado de la Paz

MARIO

NT$22,019 total

includes taxes & fees

Jul 19 - Jul 20

Hotel Fenix Gran Meliá - The Leading Hotels of the World

Recoletos, 0.3 km from Mercado de la Paz

LUISA

NT$14,989 total

includes taxes & fees

Jul 13 - Jul 14

URSO Hotel & Spa

1.1 km from Mercado de la Paz

Sharon

NT$12,684 total

includes taxes & fees

Jul 19 - Jul 20

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

Tribu Malasaña

Malasaña, 1.3 km from Mercado de la Paz

Summer

NT$4,029 total

includes taxes & fees

Jul 20 - Jul 21

Relais & Châteaux Heritage Madrid

1 km from Mercado de la Paz

ISABEL

NT$12,010 total

includes taxes & fees

Jul 19 - Jul 20

VP Jardín de Recoletos

Recoletos, 0.7 km from Mercado de la Paz

Claudio

NT$8,900 total

includes taxes & fees

Jul 20 - Jul 21

ICON Wipton

Recoletos, 0.4 km from Mercado de la Paz

Eduardo

NT$9,521 total

includes taxes & fees

Jul 14 - Jul 15

Hotel Vincci The Mint

1.4 km from Mercado de la Paz

Naila

NT$5,579 total

includes taxes & fees

Jun 21 - Jun 22

7 Matices

Malasaña, 1.4 km from Mercado de la Paz

Michelle

NT$8,234 total

includes taxes & fees

Jun 28 - Jun 29

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

John

NT$16,783 total

includes taxes & fees

Jul 12 - Jul 13

Superior Studio | Bathroom | Shower, free toiletries, hair dryer, towels

Residencia Universitaria Resa Claudio Coello - Campus Accomodation

0.9 km from Mercado de la Paz

Juan

NT$3,783 total

includes taxes & fees

Jul 7 - Jul 8

One Shot Fortuny

0.5 km from Mercado de la Paz

Fariba

NT$4,675 total

includes taxes & fees

Jul 19 - Jul 20

Líbere Madrid Malasaña

Malasaña, 1.4 km from Mercado de la Paz

Timothy

NT$5,818 total

includes taxes & fees

Jul 19 - Jul 20

Standard Room | Desk, laptop workspace, blackout drapes, free WiFi

Aparthoteltribunal

Malasaña, 1.3 km from Mercado de la Paz

Louis

NT$3,539 total

includes taxes & fees

Jul 12 - Jul 13

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 577 reviews	View
Only YOU Boutique Hotel	4.0 star property	9.8 Exceptional 1,002 reviews	View
ICON Embassy	4.0 star property	9.4 Exceptional 1,002 reviews	View
Hotel Único Madrid - Small Luxury Hotels	5.0 star property	9.4 Exceptional 400 reviews	View
NH Collection Madrid Colón	4.0 star property	9.4 Exceptional 1,003 reviews	View

Top Mercado de la Paz Hotel Reviews

Hotel Riu Plaza España

10/10 Excellent

"Excellent hotel! Great location Amazing breakfast. Fun rooftop Professional staff"

Only YOU Boutique Hotel

10/10 Excellent

"It’s a beautiful hotel in the heart of chueca. Quick walk to all areas of interest. The staff is lovely. The breakfast is lovely. I got to the hotel very early in the morning and they allowed me an early check in. Considering I was up all night on a flight that meant the world to me. My only critique is that our original room was extremely small and had no windows to outside. We ended up paying more than a $100 per night to get a bigger room with a balcony with a street view. Also the gym was in the basement. It was very small and stuffy and not very conducive to a workout."

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 savor 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, check out the 973 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 Wellington Hotel & Spa Madrid and Novotel Madrid Center.

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

Expedia has 973 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 National Prado Museum, Sorolla Museum, and Thyssen-Bornemisza National Museum. 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 Círculo de Bellas Artes, Teatro La Strada Gran Via, and Lope de Vega Theatre.

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 NT$3,539

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Our top choices for Mercado de la Paz hotels

Relais & Châteaux Hotel Orfila

Only YOU Boutique Hotel

ICON Embassy

Hotel Único Madrid - Small Luxury Hotels

NH Collection Madrid Colón

Tótem Madrid Hotel

Santo Mauro, a Luxury Collection Hotel, Madrid

Hotel Fenix Gran Meliá - The Leading Hotels of the World

URSO Hotel & Spa

Tribu Malasaña

Relais & Châteaux Heritage Madrid

VP Jardín de Recoletos

ICON Wipton

Hotel Vincci The Mint

7 Matices

Brach Madrid - Evok Collection

Residencia Universitaria Resa Claudio Coello - Campus Accomodation

One Shot Fortuny

Líbere Madrid Malasaña

Aparthoteltribunal

Compare popular hotels close to Mercado de la Paz

Top Mercado de la Paz Hotel Reviews

Hotel Riu Plaza España

Hotels near other Mercado de la Paz attractions

Milla de Oro

Frequently asked questions