Our selection of Palacio apartments in Madrid

Impressive design apartment in the heart of La Latina, with three bedrooms and two bathrooms.
When you walk through the door of this accommodation, nothing will leave you indifferent at all, mainly because of the care, taste and quality that have been deposited in its recent renovation. A renovation where we always thought of our future guests to make our apartment a space where our guests ...
From 170€ /night
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Design loft in La Latina, Los Austrias, Madrid Centre
When you cross the threshold of this accommodation, nothing will leave you indifferent at all, mainly due to the care, taste, and quality that have been invested in its recent comprehensive renovation. A renovation where we have constantly thought about making the apartment a space where our guests ...
From 120€ /night
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Apartment with two bedrooms and two bathrooms next to the Royal Palace and Plaza de España.
Exclusive fully renovated design apartment five minutes' walk from Plaza España, Gran Vía and the Royal Palace of Madrid. The apartment consists of two bedrooms, one en suite and living-dining room with open-plan kitchen. Finally, an extra bathroom completes the accommodation. Ideal for ...
From 100€ /night
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Luxury two-bedroom apartment near the Palacio Real
Impressive design apartment that consists of a living room with a desk, an independent kitchen with a dining bar and two bedrooms with a double bed, one of them with a dressing room and en-suite bathroom. Another bathroom completes the property. Perfect for 4 people. With an unbeatable location ...
From 110€ /night
View accommodationWhy Should You Book Madrid Apartments Palacio Neighborhood?
Booking an apartment in Madrid’s Palacio neighbourhood is perfect for those wishing to immerse themselves in the city’s historic heart. You’ll be just steps from the Royal Palace, Plaza de Oriente, and charming streets full of history. Apartments provide comfort, privacy, and the freedom to live like a local, with easy access to cafés, tapas bars, restaurants, and traditional shops. You can also explore nearby museums, theatres, and landmarks without wasting time on transport. It’s the perfect blend of culture, gastronomy, and city life, ensuring an authentic and memorable stay in Madrid.
Stay in an apartment in Justicia

Stylish two-bedroom apartment in Malasaña
From 150€ /night

Spectacular design loft in the heart of Chueca, Madrid Centre
From 60€ /night

Spectacular penthouse in Justicia with a large terrace
From 160€ /night

Amazing apartment in the chic area of Justicia neighborhood.
From 90€ /night
Discover our apartments in Sol

Apartment with terrace and views at Plaza Mayor, Madrid Centre
From 100€ /night

Cosy studio in Gran Vía, Madrid Centre
From 60€ /night

Apartment near Plaza España and Gran Vía, Madrid Centre
From 140€ /night

Spectacular apartment steps from Puerta del Sol, Madrid Centre
From 210€ /night
Explore our apartments in Atocha

Charming studio steps from Atocha Station, Madrid Centre
From 75€ /night

Two-bedroom apartment in the Atocha area
From 90€ /night

Modern apartment in Atocha, near the station
From 110€ /night

Wonderful design loft 10 minutes walk from Atocha and the Golden Triangle of Art in Madrid.
From 95€ /night
Exploring the Palacio District
Royal Palace and Plaza de Oriente
The Royal Palace of Madrid is a must-see for any visitor. This stunning official residence of the Spanish Royal Family impresses with its baroque architecture, rooms adorned with tapestries, and the Royal Armoury. Right in front, Plaza de Oriente features symmetrical gardens, fountains, and statues of former kings, perfect for a stroll or photos. The plaza also offers views of the Teatro Real, adding a cultural touch to your visit. Together, the Palace and Plaza provide a unique combination of history, art, and tranquility in the heart of Madrid, offering an unforgettable experience.
Historic Streets
Walking through the streets of the Palacio neighbourhood is like stepping back in time. Streets such as Calle Mayor and Calle del Arenal retain traditional façades and historic buildings that tell the city’s story. Hidden squares, charming corners, and small shops invite you to stop, explore, and soak in the atmosphere. It’s a cultural walking experience, perfect for tourists who want to discover the authentic essence of Madrid. Every turn offers a new snapshot of the city’s history and character.
Atmosphere and Gastronomy
The Palacio neighbourhood captivates not only with its history but also with its vibrant life and gastronomy. Traditional cafés, tapas bars, and restaurants serve classic dishes such as cocido madrileño or churros with chocolate, while terraces allow you to enjoy the bustling urban atmosphere. By day, the squares are perfect for a leisurely stroll; by night, they come alive with cultural events and lively crowds. It’s the ideal spot to combine sightseeing, culture, and local flavours, experiencing Madrid like a true local while enjoying memorable culinary moments in the city’s historic heart.
Stay in one of our apartments in Palacio
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Frequently asked questions about our apartments in Palacio
How do travellers rate Waou Rentals apartments?
Check out what travellers have to say about our apartments in Madrid:
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“The house, the decoration, its presentation, the good cleanliness and hygiene, and above all the customer service. 100% attentive.”
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“I stayed three nights and I was surprised by the tranquility of being in the centre of Madrid. Unbeatable location and impeccable apartments.”
- “1. Spotless clean 2. Location 3. Amazing apartment.”
Where is the Palacio district located?
The Palacio neighbourhood is located in Madrid’s Centro district, right next to the Royal Palace and Plaza de Oriente. It borders Gran Vía and the Manzanares River, making it one of the city’s most historic and monumental areas, perfect for walking and experiencing the essence of Madrid.
How to get from Madrid Airport to the Palacio neighborhood?
From Madrid-Barajas Adolfo Suárez Airport, you can reach the Palacio neighbourhood in around 30–40 minutes. Take metro line 8 to Nuevos Ministerios, then line 10 to Príncipe Pío, just a short walk away. Taxis and direct buses are also available for a convenient and easy transfer.
What is the best time of year to visit Madrid?
The best time to visit Madrid is during the spring (April to June) or fall (September to November). During these seasons, the weather is mild and comfortable, perfect for exploring the city. Additionally, these periods offer fewer tourists than during Christmas and New Year's Eve.