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 973 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 Wellington Hotel & Spa Madrid and Novotel Madrid Center .

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

Expedia has 973 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, 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 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

Lauren Ami

Rp6.892.465 total

includes taxes & fees

21 Jun - 22 Jun

Only YOU Boutique Hotel

Chueca, 1 km from Mercado de la Paz

Yaima

Rp5.513.971 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

Rp5.083.064 total

includes taxes & fees

20 Jul - 21 Jul

Hotel Único Madrid - Small Luxury Hotels

Recoletos, < 0.1 km from Mercado de la Paz

James

Rp7.903.359 total

includes taxes & fees

19 Jul - 20 Jul

NH Collection Madrid Colón

Recoletos, 0.3 km from Mercado de la Paz

Hector

Rp4.595.179 total

includes taxes & fees

20 Jul - 21 Jul

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

Tótem Madrid Hotel

Recoletos, 0.2 km from Mercado de la Paz

Ryan

Rp6.341.066 total

includes taxes & fees

20 Jul - 21 Jul

Santo Mauro, a Luxury Collection Hotel, Madrid

0.8 km from Mercado de la Paz

Rp12.411.541 total

includes taxes & fees

19 Jul - 20 Jul

Hotel Fenix Gran Meliá - The Leading Hotels of the World

Recoletos, 0.3 km from Mercado de la Paz

LUISA

Rp8.454.674 total

includes taxes & fees

13 Jul - 14 Jul

Mandarin Oriental Ritz, Madrid

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

Beatrice

Rp16.174.316 total

includes taxes & fees

15 Jul - 16 Jul

URSO Hotel & Spa

1.1 km from Mercado de la Paz

Sharon

Rp7.149.782 total

includes taxes & fees

19 Jul - 20 Jul

Relais & Châteaux Heritage Madrid

1 km from Mercado de la Paz

ISABEL

Rp6.769.985 total

includes taxes & fees

19 Jul - 20 Jul

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

Tribu Malasaña

Malasaña, 1.3 km from Mercado de la Paz

Summer

Rp2.270.939 total

includes taxes & fees

20 Jul - 21 Jul

ICON Wipton

Recoletos, 0.4 km from Mercado de la Paz

Eduardo

Rp5.366.932 total

includes taxes & fees

14 Jul - 15 Jul

VP Jardín de Recoletos

Recoletos, 0.7 km from Mercado de la Paz

Claudio

Rp5.016.693 total

includes taxes & fees

20 Jul - 21 Jul

Hotel Vincci The Mint

1.4 km from Mercado de la Paz

Naila

Rp3.145.006 total

includes taxes & fees

21 Jun - 22 Jun

7 Matices

Malasaña, 1.4 km from Mercado de la Paz

Michelle

Rp4.644.657 total

includes taxes & fees

23 Jun - 24 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

Rp9.460.341 total

includes taxes & fees

12 Jul - 13 Jul

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

Rp2.134.111 total

includes taxes & fees

7 Jul - 8 Jul

Líbere Madrid Malasaña

Malasaña, 1.4 km from Mercado de la Paz

Timothy

Rp3.279.432 total

includes taxes & fees

19 Jul - 20 Jul

One Shot Fortuny

0.5 km from Mercado de la Paz

Fariba

Rp2.575.841 total

includes taxes & fees

19 Jul - 20 Jul

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 1,003 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 Regina

10/10 Excellent

"This was a wonderful hotel. I highly recommend it to anyone"

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 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 973 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 Wellington Hotel & Spa Madrid and Novotel Madrid Center.

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

Expedia has 973 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, 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 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

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

Mandarin Oriental Ritz, Madrid

URSO Hotel & Spa

Relais & Châteaux Heritage Madrid

Tribu Malasaña

ICON Wipton

VP Jardín de Recoletos

Hotel Vincci The Mint

7 Matices

Brach Madrid - Evok Collection

Residencia Universitaria Resa Claudio Coello - Campus Accomodation

Líbere Madrid Malasaña

One Shot Fortuny

Compare popular hotels close to Mercado de la Paz

Top Mercado de la Paz Hotel Reviews

Hotel Regina

Hotels near other Mercado de la Paz attractions

Milla de Oro

Frequently asked questions