Madrid is considered a top shopping destination thanks to its wide range of shopping venues, according to specialist reports that evaluate shops, prices and the ease of making purchases, together with the hotels on offer as well as transportation and cultural attractions.

Without a doubt, the lack of opening hour restrictions has played a role in achieving this position. Numerous shops in the city and Madrid’s shopping centres are open on Sundays and public holidays, making the streets a lively contrast to those of other cities.

Shopping areas

In Madrid there’s something for all tastes and budgets. Those that re looking for luxury will find shops to their taste in the neighbourhood of Salamanca, while those looking for more modern, bohemian or avant-garde design may find what they’re looking for in the neighbourhoods of Salesas, Chueca and Triball. More modest prices can be found in the city centre around Sol and Gran Vía, in Moncloa and near Goya. Fashion, accessories, watches, jewelry, leather and much more are easy to find in the region of Madrid, which is a leader in fashion and design.

In the neighbourhood of Salamanca—commonly known as the Milla de Oro (Golden Mile)—the latest trends in clothes, accessories and shoes can be found in luxury brand-name stores and shopping centres.

Salesas is a good neighbourhood for taking a stroll to browse the designer shops that sit alongside fashion brands, restaurants and coffee shops. Its elegant, historic buildings make you feel like you’re in old Europe.

Chueca is a shopping paradise. In the streets of Fuencarral and Hortaleza and the surrounding areas, there is an abundance of shops of all kinds—but especially clothing stores. In this dynamic, open and cosmopolitan area, everyone feels like a Madrileño.

Close to Gran Vía lies the ‘Triángulo de Ballesta,’ known as Triball, where young, cutting-edge designers have set up shops alongside the area’s established stores.

In the city centre’s shopping streets (Arenal, Carretas, Mayor, Carmen and Preciados) there is no shortage of national and international chain stores with affordable prices, as well other current, independent establishments, not forgetting centuries-old shops where time seems to have stopped.

Open every day of the year, the various shopping centres dotted around the city give shoppers the opportunity to combine shopping and eating in a single stop. And if you’re looking for luxury at affordable prices, don’t hesitate to visit an outlet store.

For the hardcore design enthusiasts, the Mercado del Caracol in Majadahonda, the Mercado de Diseño at the Matadero Madrid and the Nómada Market, dedicated to independent fashion design, are all must-visits.

A morning or an afternoon of shopping wouldn’t be complete without stopping for a break in a coffee shop or on a terrace, whether it’s a traditional establishment or a more modern one, to enjoy something sweet… Having lunch or dinner in one of these places is the ideal way to conclude a morning or afternoon of shopping.

Open-air markets

And how could we forget the street markets? This kind of trading, which is very typical in the region, is usually outdoors, in public places and on particular days. The products on sale are more varied: food, clothing, household items, plants, jewelry…. These markets enjoy great success thanks to always being in the same place and offering a variety of items for sale at prices lower than those of
traditional retailers.

With its origins in medieval times, the best street market in Madrid, and one of the city’s iconic events, is El Rastro. It’s held every Sunday in Plaza de Cascorro and the surrounding streets and offers a wide range of antiques, new and secondhand items. There are also numerous well-known antique shops in the area, such as the ones located in Galerías Piquer.

As well as the traditional street markets selling food and clothes, there are other specialised markets of great interest such as the libros de la Cuesta de Moyano with authentic literary gems, the market on Avenida de Felipe II with its bohemian stalls, the traditional mercadillo de filatelia in Plaza Mayor, the Mercado de
Motores in the Museo del Ferrocarril and the market in Plaza Conde de Barajas, which has a good selection of paintings on display.

The street markets held in the region’s local towns mustn’t be forgotten either, such as the Productos ecológicos y artesanos en Hoyo de Manzanares, which sells ecological products and handicrafts, the antique markets in Navacerrada and the medieval markets in Alcalá de Henares, Manzanares el Real and Buitrago del
Lozoya.

Tax-free. Those that don’t live in the European Union can save on shopping by going to one of the many duty-free shops. The minimum amount to qualify for a VAT refund is €90.15. And if you’re missing a gift at the last minute or you don’t want to be too loaded up, the Aeropuerto de Madrid-Barajas Adolfo Suárez also has a range of duty-free shops.

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