Hotels near Mercado de la Paz

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Check prices for these dates

Tonight
7 Nov - 8 Nov
Tomorrow
8 Nov - 9 Nov
Next weekend
13 Nov - 15 Nov
In two weeks
20 Nov - 22 Nov

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Our top choices for Mercado de la Paz hotels

A modern living room with a fireplace, two sofas, a coffee table, and a bookshelf with books and decorative items.

1. El Autor Hotel, Madrid, Autograph Collection

El Autor Hotel, Madrid, Autograph Collection
5.0 star property
Huertas, 1.5 km from Mercado de la Paz
9.8 out of 10, Exceptional, (42 reviews)
"They have beautiful, modern accommodations and very centrally located. Can't wait to go back!"
United States
Carol
The price is S$440
includes taxes & fees
1 Dec - 2 Dec
El Autor Hotel, Madrid, Autograph Collection
Spa

2. Mercer Madrid

Mercer Madrid
5.0 star property
Golden Triangle of Art, 1.3 km from Mercado de la Paz
9.8 out of 10, Exceptional, (42 reviews)
"Beautiful chic hotel in a fabulous location."
United States
Jennifer
The price is S$496
includes taxes & fees
29 Nov - 30 Nov
Mercer Madrid
A black and white checkered floor, ornate black metal railings, and blue and white patterned walls.

3. Only YOU Boutique Hotel

Only YOU Boutique Hotel
4.0 star property
Chueca, 1 km from Mercado de la Paz
9.8 out of 10, Exceptional, (1,004 reviews)
"Great location great hotel"
United States
Naama
The price is S$392
includes taxes & fees
30 Nov - 1 Dec
Only YOU Boutique Hotel
A modern outdoor dining area with wicker chairs, a wooden table, and potted plants.

4. Rosewood Villa Magna

Rosewood Villa Magna
5.0 star property
0.4 km from Mercado de la Paz
9.8 out of 10, Exceptional, (159 reviews)
"Excellent hotel and staff."
United States
Diego Enrique
The price is S$1,824
includes taxes & fees
4 Dec - 5 Dec
Rosewood Villa Magna
A covered walkway with a glass railing, surrounded by indoor plants and tables with chairs.

5. Casa Faraona Luxury Residences

Casa Faraona Luxury Residences
4.0 star property
Recoletos, 0.8 km from Mercado de la Paz
9.8 out of 10, Exceptional, (54 reviews)
"Amazing Stay"
United States
Raquel
The price is S$424
includes taxes & fees
22 Nov - 23 Nov
Casa Faraona Luxury Residences
A spacious lobby with a checkered floor, seating areas with tropical leaf-patterned upholstery, and a large mirror reflecting the space.

6. Relais & Châteaux Heritage Madrid

Relais & Châteaux Heritage Madrid
5.0 star property
1 km from Mercado de la Paz
9.8 out of 10, Exceptional, (626 reviews)
"Great hotel"
United States
rafael
The price is S$446
includes taxes & fees
7 Dec - 8 Dec
Relais & Châteaux Heritage Madrid
A large, historic building with classical architecture, surrounded by lush greenery and a well-maintained lawn.

7. Mandarin Oriental Ritz, Madrid

Mandarin Oriental Ritz, Madrid
5.0 star property
Golden Triangle of Art, 1.5 km from Mercado de la Paz
9.8 out of 10, Exceptional, (181 reviews)
"Amazing hotel with spacious suites and great location to all the sight seeing."
United States
Aimee
The price is S$1,585
includes taxes & fees
19 Nov - 20 Nov
Mandarin Oriental Ritz, Madrid
A view from a balcony with a glass railing overlooking a historic building with ornate architecture and a clock tower.

8. Hotel Vincci The Mint

Hotel Vincci The Mint
4.0 star property
1.4 km from Mercado de la Paz
9.6 out of 10, Exceptional, (1,001 reviews)
"Great hotel and excellent location if you’re looking to stay near Gran Via."
United States
Katie
The price is S$226
includes taxes & fees
9 Nov - 10 Nov
Hotel Vincci The Mint
A modern hotel room with a large bed, a sofa, a coffee table, and a mirror.

9. Tribu Malasaña

Tribu Malasaña
4.0 star property
Malasaña, 1.3 km from Mercado de la Paz
9.6 out of 10, Exceptional, (459 reviews)
"Amazing hotel! Enjoyed my stay room was perfect."
United States
Helen
The price is S$162
includes taxes & fees
1 Dec - 2 Dec
Tribu Malasaña
An indoor dining area with brick walls, green foliage, and hanging spherical lights. Tables are set with white tablecloths and chairs.

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

Wipton by Petit Palace – formerly known as Icon Wipton
4.0 star property
Recoletos, 0.4 km from Mercado de la Paz
9.6 out of 10, Exceptional, (790 reviews)
"Excellent location, close to stores and restaurants."
United States
Maria
The price is S$236
includes taxes & fees
8 Dec - 9 Dec
Wipton by Petit Palace – formerly known as Icon Wipton
A modern hotel room with a large bed, a small round table, and a kitchenette.

11. Líbere Madrid Malasaña

Líbere Madrid Malasaña
2.0 star property
Malasaña, 1.4 km from Mercado de la Paz
9.6 out of 10, Exceptional, (87 reviews)
"Nicely located and clean room."
United States
Darshan
The price is S$219
includes taxes & fees
1 Dec - 2 Dec
Líbere Madrid Malasaña
A balcony with a table, two chairs, and a fruit basket.

12. Be Mate Trafalgar

Be Mate Trafalgar
4.0 star property
1.5 km from Mercado de la Paz
9.6 out of 10, Exceptional, (104 reviews)
"Clean room, great area"
United States
Edgar
The price is S$180
includes taxes & fees
9 Nov - 10 Nov
Be Mate Trafalgar
A rooftop terrace with a sofa set, dining table, chairs, and potted plants.

13. Brach Madrid - Evok Collection

Brach Madrid - Evok Collection
5.0 star property
Chueca, 1.5 km from Mercado de la Paz
9.6 out of 10, Exceptional, (82 reviews)
"The pool and spa facilities are glorious"
United States
Emmanuel
The price is S$649
includes taxes & fees
29 Nov - 30 Nov
Brach Madrid - Evok Collection
A historic building with ornate architectural details, multiple balconies, and large windows.

14. URSO Hotel & Spa

URSO Hotel & Spa
5.0 star property
1.1 km from Mercado de la Paz
9.6 out of 10, Exceptional, (537 reviews)
"Great service and best hotel burger ever."
Canada
Navdeep
The price is S$460
includes taxes & fees
8 Dec - 9 Dec
URSO Hotel & Spa
A modern indoor dining area with tables and chairs, a large abstract sculpture, and a glass ceiling.

15. VP SOGNIO Madroño

VP SOGNIO Madroño
3.5 star property
1.1 km from Mercado de la Paz
9.4 out of 10, Exceptional, (747 reviews)
"Great hotel! The rooms were incredibly spacious, very clean and just beautiful! Check in was quick and easy. It was also conveniently located to everything we wanted to see."
Canada
Teresa
The price is S$203
includes taxes & fees
29 Nov - 30 Nov
VP SOGNIO Madroño
A historic hotel with a classic architectural style, featuring a prominent corner entrance, multiple balconies, and a well-lit facade.

16. Wellington Hotel & Spa Madrid

Wellington Hotel & Spa Madrid
5.0 star property
Recoletos, 0.6 km from Mercado de la Paz
9.6 out of 10, Exceptional, (1,003 reviews)
"Loved the hotel and perfect location"
United States
Lisa
The price is S$574
includes taxes & fees
8 Dec - 9 Dec
Wellington Hotel & Spa Madrid
An outdoor seating area with multiple tables and chairs, surrounded by potted plants and umbrellas.

17. Hotel Único Madrid - Small Luxury Hotels

Hotel Único Madrid - Small Luxury Hotels
5.0 star property
Recoletos, < 0.1 km from Mercado de la Paz
9.4 out of 10, Exceptional, (430 reviews)
"Great hotel in great location"
United States
BRAD
The price is S$666
includes taxes & fees
12 Nov - 13 Nov
Hotel Único Madrid - Small Luxury Hotels
A buffet with various food items and beverages, including fruits, pastries, and a glass display case with flowers.

18. NH Collection Madrid Colón

NH Collection Madrid Colón
4.0 star property
Recoletos, 0.3 km from Mercado de la Paz
9.4 out of 10, Exceptional, (1,001 reviews)
"excelente hotel"
United States
HABIB
The price is S$314
includes taxes & fees
8 Dec - 9 Dec
NH Collection Madrid Colón
A spacious rooftop lounge with wooden furniture, large windows offering city views, and a bar area.

19. NH Collection Madrid Suecia

NH Collection Madrid Suecia
5.0 star property
Huertas, 1.4 km from Mercado de la Paz
9.4 out of 10, Exceptional, (1,002 reviews)
"Great location, good breakfast and nice spacious rooms."
United Kingdom
Andrew
The price is S$281
includes taxes & fees
8 Dec - 9 Dec
NH Collection Madrid Suecia
A table with food and drinks on a balcony overlooking a cityscape.

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

Embassy by Petit Palace – formerly known as Icon Embassy
4.0 star property
Recoletos, 0.2 km from Mercado de la Paz
9.4 out of 10, Exceptional, (1,001 reviews)
"Clean room, and great staff"
United States
Jose F.
The price is S$256
includes taxes & fees
8 Dec - 9 Dec
Embassy by Petit Palace – formerly known as Icon Embassy
Lowest nightly price found within the past 24 hours based on a 1 night stay for 2 adults. Prices and availability subject to change. Additional terms may apply.
View all properties

Compare popular hotels close to Mercado de la Paz

Property
Property class
Guest rating
Breakfast included
Pool
Spa
Pet-friendly
WiFi included
A modern living room with a fireplace, two sofas, a coffee table, and a bookshelf with books and decorative items.
El Autor Hotel, Madrid, Autograph Collection
5.0 star property
9.8
Exceptional
42 reviews
View
Spa
Mercer Madrid
5.0 star property
9.8
Exceptional
42 reviews
View
A black and white checkered floor, ornate black metal railings, and blue and white patterned walls.
Only YOU Boutique Hotel
4.0 star property
9.8
Exceptional
1,004 reviews
View
A modern outdoor dining area with wicker chairs, a wooden table, and potted plants.
Rosewood Villa Magna
5.0 star property
9.8
Exceptional
159 reviews
View
A covered walkway with a glass railing, surrounded by indoor plants and tables with chairs.
Casa Faraona Luxury Residences
4.0 star property
9.8
Exceptional
54 reviews
View

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.
See properties

Top Mercado de la Paz Hotel Reviews

A grand hotel with multiple floors, ornate architectural details, and illuminated signage.
Hotel Atlantico Madrid

Hotel Atlantico Madrid

Hotel Atlantico Madrid
Madrid Centro

10/10 Excellent

Excellent Hotel. Great Location on the Gran Via. Quiet and cool lobby located just next to Victoria’s Secret. Room is spacious. Bathroom is spacious and clean and everything works well. Walking distance to the sights. Jogging distance to the parks - El Retiro, Parc del Oueste. Roof top bar has a nice ambience and view. Only downside is Lift is small and there is only one. Enjoyed the stay.
Singapore
Poh Shuan Daniel
Reviewed September 19, 2025
Hotel Atlantico Madrid

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.