Title: The 10 Best Hotels Near Mercado de la Paz, Madrid from CA $126 | Expedia.ca

[Salamanca Travel Guide](https://expedia.ca/Madrid-Salamanca.dx6053453)[Mercado de la Paz Car Rentals](https://expedia.ca/Car-Rentals-In-Mercado-De-La-Paz.d553248621533070433.Car-Rental-Guide)[Mercado de la Paz Vacations](https://expedia.ca/Mercado-De-La-Paz-Salamanca.d553248621533070433.Vacation-Attraction)

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## Check prices for these dates

Tonight

[Mar 10 - Mar 11](https://www.expedia.ca/Hotel-Search?regionId=553248621533070433&startDate=2026-03-10&endDate=2026-03-11&adults=2&rfrr=TG.LP.CheckPrices.Hotel&openPlayBack=true)

Tomorrow

[Mar 11 - Mar 12](https://www.expedia.ca/Hotel-Search?regionId=553248621533070433&startDate=2026-03-11&endDate=2026-03-12&adults=2&rfrr=TG.LP.CheckPrices.Hotel&openPlayBack=true)

This weekend

[Mar 13 - Mar 15](https://www.expedia.ca/Hotel-Search?regionId=553248621533070433&startDate=2026-03-13&endDate=2026-03-15&adults=2&rfrr=TG.LP.CheckPrices.Hotel&openPlayBack=true)

Next weekend

[Mar 20 - Mar 22](https://www.expedia.ca/Hotel-Search?regionId=553248621533070433&startDate=2026-03-20&endDate=2026-03-22&adults=2&rfrr=TG.LP.CheckPrices.Hotel&openPlayBack=true)

Recommended

Price (low to high)

Distance

Star rating

## Our top choices for Mercado de la Paz hotels

![Daily buffet breakfast (EUR 23 per person)](https://images.trvl-media.com/lodging/2000000/1410000/1406700/1406689/a742ab38.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Triple Room](https://images.trvl-media.com/lodging/2000000/1410000/1406700/1406689/7f1b835c.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Front of property](https://images.trvl-media.com/lodging/2000000/1410000/1406700/1406689/3f93f638.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Reception](https://images.trvl-media.com/lodging/2000000/1410000/1406700/1406689/3e6b53c4.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### ICON Wipton

[](https://www.expedia.ca/Madrid-Hotels-ICON-Wipton.h1406689.Hotel-Information)

Recoletos, 0.4 km from Mercado de la Paz

9.6/10

Exceptional

(675 reviews)

"Best breakfast and location"

![United States](https://a.travel-assets.com/egds/marks/flags/us.svg)

Reina

CA $330

CA $364 total

includes taxes & fees

Mar 15 - Mar 16

[](https://www.expedia.ca/Madrid-Hotels-ICON-Wipton.h1406689.Hotel-Information)

![Outdoor dining](https://images.trvl-media.com/lodging/1000000/580000/571000/570971/53bece4a.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Front of property](https://images.trvl-media.com/lodging/1000000/580000/571000/570971/b12028f5.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Reception](https://images.trvl-media.com/lodging/1000000/580000/571000/570971/15c5c14c.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Property entrance](https://images.trvl-media.com/lodging/1000000/580000/571000/570971/b5bd3b7a.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### Relais & Châteaux Hotel Orfila

[](https://www.expedia.ca/Madrid-Hotels-Relais-Chateaux-Hotel-Orfila.h570971.Hotel-Information)

0.6 km from Mercado de la Paz

9.8/10

Exceptional

(568 reviews)

"Helpful staff Quiet upscale location "

![United States](https://a.travel-assets.com/egds/marks/flags/us.svg)

marla

CA $546

CA $601 total

includes taxes & fees

Mar 30 - Mar 31

[](https://www.expedia.ca/Madrid-Hotels-Relais-Chateaux-Hotel-Orfila.h570971.Hotel-Information)

![43-inch flat-screen TV with digital channels, TV](https://images.trvl-media.com/lodging/2000000/1340000/1336000/1336000/cd5c7c80.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Interior](https://images.trvl-media.com/lodging/2000000/1340000/1336000/1336000/7e3db930.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Front of property](https://images.trvl-media.com/lodging/2000000/1340000/1336000/1336000/61d02b9d.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Staircase](https://images.trvl-media.com/lodging/2000000/1340000/1336000/1336000/0d9df7c1.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### Tótem Madrid Hotel

[](https://www.expedia.ca/Madrid-Hotels-TOTEM-Madrid-Small-Luxury-Hotels-Of-The-World.h1336000.Hotel-Information)

Recoletos, 0.2 km from Mercado de la Paz

9.4/10

Exceptional

(726 reviews)

"Great location Very nice hotel !"

![United States](https://a.travel-assets.com/egds/marks/flags/us.svg)

Max

CA $432

CA $475 total

includes taxes & fees

Mar 30 - Mar 31

[](https://www.expedia.ca/Madrid-Hotels-TOTEM-Madrid-Small-Luxury-Hotels-Of-The-World.h1336000.Hotel-Information)

![Daily cooked-to-order breakfast (EUR 35 per person)](https://images.trvl-media.com/lodging/7000000/6430000/6427300/6427217/256b48ce.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Lobby](https://images.trvl-media.com/lodging/7000000/6430000/6427300/6427217/bd98624e.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Front of property - evening/night](https://images.trvl-media.com/lodging/7000000/6430000/6427300/6427217/625ec7cf.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Junior Suite](https://images.trvl-media.com/lodging/7000000/6430000/6427300/6427217/a29b9d0c.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### Only YOU Boutique Hotel

[](https://www.expedia.ca/Madrid-Hotels-Only-YOU-Boutique-Hotel.h6427217.Hotel-Information)

Chueca, 1 km from Mercado de la Paz

9.8/10

Exceptional

(1,009 reviews)

"excelente hotel"

![Mexico](https://a.travel-assets.com/egds/marks/flags/mx.svg)

Vicente

CA $407

CA $448 total

includes taxes & fees

Mar 30 - Mar 31

[](https://www.expedia.ca/Madrid-Hotels-Only-YOU-Boutique-Hotel.h6427217.Hotel-Information)

![Garden](https://images.trvl-media.com/lodging/3000000/2380000/2373900/2373884/135048c8.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Library](https://images.trvl-media.com/lodging/3000000/2380000/2373900/2373884/011075ff.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Lunch and dinner served, Mediterranean cuisine](https://images.trvl-media.com/lodging/3000000/2380000/2373900/2373884/15cc7fde.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Property entrance](https://images.trvl-media.com/lodging/3000000/2380000/2373900/2373884/992738e0.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### Hotel Único Madrid - Small Luxury Hotels

[](https://www.expedia.ca/Madrid-Hotels-Hotel-Unico-Madrid-Small-Luxury-Hotels.h2373884.Hotel-Information)

Recoletos, < 0.1 km from Mercado de la Paz

9.4/10

Exceptional

(389 reviews)

"Located in the heart of Salamanca, you cannot find a better location than this in Madrid. 100% walkable area, the best boutiques and restaurants near by, beautiful property, excellent warm service and great breakfast. Totally recommended!"

![United States](https://a.travel-assets.com/egds/marks/flags/us.svg)

Alfonso

CA $549

CA $604 total

includes taxes & fees

Mar 15 - Mar 16

[](https://www.expedia.ca/Madrid-Hotels-Hotel-Unico-Madrid-Small-Luxury-Hotels.h2373884.Hotel-Information)

![Luxury Apartment, 2 Bedrooms, Balcony, City View | City view](https://images.trvl-media.com/lodging/77000000/76530000/76525500/76525436/122db90c.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![City view](https://images.trvl-media.com/lodging/77000000/76530000/76525500/76525436/1efb77e2.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Exterior](https://images.trvl-media.com/lodging/77000000/76530000/76525500/76525436/12efb90e.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Indoor pool](https://images.trvl-media.com/lodging/77000000/76530000/76525500/76525436/df42fb9b.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### Ayala 63

[](https://www.expedia.ca/Madrid-Hotels-Ayala-63.h76525436.Hotel-Information)

0.7 km from Mercado de la Paz

9.8/10

Exceptional

(58 reviews)

"Excellent location. Great home away from home. "

![United States](https://a.travel-assets.com/egds/marks/flags/us.svg)

Ana Maria

CA $493

CA $795 total

includes taxes & fees

Apr 10 - Apr 11

[](https://www.expedia.ca/Madrid-Hotels-Ayala-63.h76525436.Hotel-Information)

![Junior Anglada Suite | Terrace/patio](https://images.trvl-media.com/lodging/1000000/20000/16500/16416/55585f97.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Royal Anglada House](https://images.trvl-media.com/lodging/1000000/20000/16500/16416/ea7dced1.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Hypo-allergenic bedding, minibar, in-room safe, desk](https://images.trvl-media.com/lodging/1000000/20000/16500/16416/e031201d.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Restaurant](https://images.trvl-media.com/lodging/1000000/20000/16500/16416/2493a0ff.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### Rosewood Villa Magna

[](https://www.expedia.ca/Madrid-Hotels-Rosewood-Villa-Magna.h16416.Hotel-Information)

0.4 km from Mercado de la Paz

9.6/10

Exceptional

(113 reviews)

"Fantastic stay, beautiful rooms, great service"

![United States](https://a.travel-assets.com/egds/marks/flags/us.svg)

Leonardo

CA $1,499

CA $1,649 total

includes taxes & fees

Mar 12 - Mar 13

[](https://www.expedia.ca/Madrid-Hotels-Rosewood-Villa-Magna.h16416.Hotel-Information)

![Restaurant](https://images.trvl-media.com/lodging/1000000/20000/19900/19889/65deb476.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Premium bedding, down comforters, minibar, in-room safe](https://images.trvl-media.com/lodging/1000000/20000/19900/19889/a9a9307d.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Lobby](https://images.trvl-media.com/lodging/1000000/20000/19900/19889/e6d0008c.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Supreme](https://images.trvl-media.com/lodging/1000000/20000/19900/19889/534e3c3e.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### Hotel Fenix Gran Meliá - The Leading Hotels of the World 

[](https://www.expedia.ca/Madrid-Hotels-Hotel-Fenix-Gran-Melia-The-Leading-Hotels-Of-The-World.h19889.Hotel-Information)

Recoletos, 0.3 km from Mercado de la Paz

9.4/10

Exceptional

(1,005 reviews)

"Professional and friendly service - charming rooms"

![Denmark](https://a.travel-assets.com/egds/marks/flags/dk.svg)

Jan Engel

CA $543

CA $597 total

includes taxes & fees

Apr 5 - Apr 6

[](https://www.expedia.ca/Madrid-Hotels-Hotel-Fenix-Gran-Melia-The-Leading-Hotels-Of-The-World.h19889.Hotel-Information)

![Breakfast, lunch, dinner served; Mediterranean cuisine ](https://images.trvl-media.com/lodging/1000000/30000/27300/27247/cb4527f6.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Reception](https://images.trvl-media.com/lodging/1000000/30000/27300/27247/626ae53e.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Lobby](https://images.trvl-media.com/lodging/1000000/30000/27300/27247/b97b9122.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Meeting facility](https://images.trvl-media.com/lodging/1000000/30000/27300/27247/w3996h2667x0y0-a6031beb.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### Santo Mauro, a Luxury Collection Hotel, Madrid

[](https://www.expedia.ca/Madrid-Hotels-Hotel-Santo-Mauro.h27247.Hotel-Information)

0.8 km from Mercado de la Paz

9.6/10

Exceptional

(166 reviews)

"Clean room … good service. Friendly staff"

![Singapore](https://a.travel-assets.com/egds/marks/flags/sg.svg)

edmund

CA $1,005

CA $1,105 total

includes taxes & fees

Mar 26 - Mar 27

[](https://www.expedia.ca/Madrid-Hotels-Hotel-Santo-Mauro.h27247.Hotel-Information)

![Rooftop terrace](https://images.trvl-media.com/lodging/1000000/870000/865600/865586/e4a89963.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Egyptian cotton sheets, premium bedding, memory foam beds, minibar](https://images.trvl-media.com/lodging/1000000/870000/865600/865586/52afa88a.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Reception](https://images.trvl-media.com/lodging/1000000/870000/865600/865586/3fec2265.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![2 restaurants, breakfast, lunch, dinner served; Japanese cuisine](https://images.trvl-media.com/lodging/1000000/870000/865600/865586/0a6bddbd.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### BLESS Hotel Madrid - The Leading Hotels of the World

[](https://www.expedia.ca/Madrid-Hotels-Bless-Hotel-Madrid.h865586.Hotel-Information)

Recoletos, 0.2 km from Mercado de la Paz

9.2/10

Wonderful

(638 reviews)

"Beautiful hotel and location. We certainly be returning. "

![United Kingdom](https://a.travel-assets.com/egds/marks/flags/uk.svg)

Kathryn

CA $531

CA $584 total

includes taxes & fees

Mar 15 - Mar 16

[](https://www.expedia.ca/Madrid-Hotels-Bless-Hotel-Madrid.h865586.Hotel-Information)

![Deluxe Double Room, Terrace, City View | View from room](https://images.trvl-media.com/lodging/2000000/1170000/1164100/1164028/5cc590b3.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Interior entrance](https://images.trvl-media.com/lodging/2000000/1170000/1164100/1164028/f62f5728.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Reception](https://images.trvl-media.com/lodging/2000000/1170000/1164100/1164028/d916aa0d.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Terrace/patio](https://images.trvl-media.com/lodging/2000000/1170000/1164100/1164028/fe972599.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### ICON Embassy

[](https://www.expedia.ca/Madrid-Hotels-ICON-Embassy-By-Petit-Palace.h1164028.Hotel-Information)

Recoletos, 0.2 km from Mercado de la Paz

9.4/10

Exceptional

(1,000 reviews)

"Great location."

![United States](https://a.travel-assets.com/egds/marks/flags/us.svg)

Marlen

CA $294

CA $324 total

includes taxes & fees

Mar 15 - Mar 16

[](https://www.expedia.ca/Madrid-Hotels-ICON-Embassy-By-Petit-Palace.h1164028.Hotel-Information)

![Restaurant](https://images.trvl-media.com/lodging/2000000/1180000/1175300/1175233/1251c0c0.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Terrace/patio](https://images.trvl-media.com/lodging/2000000/1180000/1175300/1175233/4d48ae04.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Exterior](https://images.trvl-media.com/lodging/2000000/1180000/1175300/1175233/b968f1e2.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Premium bedding, minibar, in-room safe, soundproofing](https://images.trvl-media.com/lodging/2000000/1180000/1175300/1175233/97baddf9.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### Casa Almagro by The Pavilions Hotels & Resorts

[](https://www.expedia.ca/Madrid-Hotels-Casa-Almagro-By-The-Pavilions-Hotels-Resorts.h1175233.Hotel-Information)

0.5 km from Mercado de la Paz

9.4/10

Exceptional

(349 reviews)

"Location is perfect, close to all the good places in Madrid, and pretty safe "

![United States](https://a.travel-assets.com/egds/marks/flags/us.svg)

FREDI

CA $222

CA $245 total

includes taxes & fees

Mar 15 - Mar 16

[](https://www.expedia.ca/Madrid-Hotels-Casa-Almagro-By-The-Pavilions-Hotels-Resorts.h1175233.Hotel-Information)

![Exterior](https://images.trvl-media.com/lodging/104000000/103450000/103444600/103444579/93674267.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![View from property](https://images.trvl-media.com/lodging/104000000/103450000/103444600/103444579/aa1ffac2.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Egyptian cotton sheets, premium bedding, down comforters](https://images.trvl-media.com/lodging/104000000/103450000/103444600/103444579/c21b4855.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Egyptian cotton sheets, premium bedding, down comforters](https://images.trvl-media.com/lodging/104000000/103450000/103444600/103444579/1c60e18a.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### Casa Faraona Luxury Residences

[](https://www.expedia.ca/Madrid-Hotels-Casa-Faraona.h103444579.Hotel-Information)

Recoletos, 0.8 km from Mercado de la Paz

9.6/10

Exceptional

(42 reviews)

"Amazing Stay"

![United States](https://a.travel-assets.com/egds/marks/flags/us.svg)

Raquel

CA $409

CA $450 total

includes taxes & fees

Mar 18 - Mar 19

[](https://www.expedia.ca/Madrid-Hotels-Casa-Faraona.h103444579.Hotel-Information)

![Front of property](https://images.trvl-media.com/lodging/1000000/570000/562100/562097/f489a948.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Egyptian cotton sheets, premium bedding, minibar, in-room safe](https://images.trvl-media.com/lodging/1000000/570000/562100/562097/e9bd96ae.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Breakfast, lunch and dinner served](https://images.trvl-media.com/lodging/1000000/570000/562100/562097/103af68d.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Reception](https://images.trvl-media.com/lodging/1000000/570000/562100/562097/b3f03e48.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### VP Jardín de Recoletos

[](https://www.expedia.ca/Madrid-Hotels-VP-Jardin-De-Recoletos.h562097.Hotel-Information)

Recoletos, 0.7 km from Mercado de la Paz

9.4/10

Exceptional

(781 reviews)

"Fantastic! Great location "

![United States](https://a.travel-assets.com/egds/marks/flags/us.svg)

Juan

CA $388

CA $426 total

includes taxes & fees

Mar 15 - Mar 16

[](https://www.expedia.ca/Madrid-Hotels-VP-Jardin-De-Recoletos.h562097.Hotel-Information)

![Front of property - evening/night](https://images.trvl-media.com/lodging/6000000/5160000/5151600/5151519/1f5b0d79.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Indoor pool](https://images.trvl-media.com/lodging/6000000/5160000/5151600/5151519/b7840037.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Bar (on property)](https://images.trvl-media.com/lodging/6000000/5160000/5151600/5151519/99d8dbe9.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Daily buffet breakfast (EUR 38.5 per person)](https://images.trvl-media.com/lodging/6000000/5160000/5151600/5151519/762608c9.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### URSO Hotel & Spa

[](https://www.expedia.ca/Madrid-Hotels-URSO-Hotel-Spa.h5151519.Hotel-Information)

1.1 km from Mercado de la Paz

9.6/10

Exceptional

(494 reviews)

"We had a lovely family stay at Urso Hotel in Madrid. Beautifully designed, perfectly located, and very comfortable. The staff was warm and attentive, making us feel truly welcome. We would definitely return."

![United States](https://a.travel-assets.com/egds/marks/flags/us.svg)

Nelson

CA $524

CA $576 total

includes taxes & fees

Mar 30 - Mar 31

[](https://www.expedia.ca/Madrid-Hotels-URSO-Hotel-Spa.h5151519.Hotel-Information)

![Double Room, Private Bathroom](https://images.trvl-media.com/lodging/119000000/118500000/118500000/118499937/e201abc0.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Quadruple Room, Shared Bathroom](https://images.trvl-media.com/lodging/119000000/118500000/118500000/118499937/874334c6.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Fridge, microwave, stovetop, toaster](https://images.trvl-media.com/lodging/119000000/118500000/118500000/118499937/ce2e0e4e.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Fridge, microwave, stovetop, toaster](https://images.trvl-media.com/lodging/119000000/118500000/118500000/118499937/90d97de8.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### Rooms San Marcos

[](https://www.expedia.ca/Madrid-Hotels-Rooms-San-Marcos.h118499937.Hotel-Information)

Chueca, 1.3 km from Mercado de la Paz

9.4/10

Exceptional

(18 reviews)

"The room was exactly what I needed. It was in walking distance from every place I wanted to visit in Madrid. Also a comfortable size, and had every amenity I needed. "

![United States](https://a.travel-assets.com/egds/marks/flags/us.svg)

Ethan

CA $55

CA $126 total

includes taxes & fees

Mar 19 - Mar 20

[](https://www.expedia.ca/Madrid-Hotels-Rooms-San-Marcos.h118499937.Hotel-Information)

![Superior Apartment, 1 Bedroom (1-2 people) | Interior](https://images.trvl-media.com/lodging/16000000/15930000/15925000/15924965/77de66bd.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Flat-screen TV](https://images.trvl-media.com/lodging/16000000/15930000/15925000/15924965/09a26a3f.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Property entrance](https://images.trvl-media.com/lodging/16000000/15930000/15925000/15924965/21e25561.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![1 bedroom, premium bedding, down comforters, pillowtop beds](https://images.trvl-media.com/lodging/16000000/15930000/15925000/15924965/6e3e4a21.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### 60 Balconies Design

[](https://www.expedia.ca/Madrid-Hotels-60-Balconies-Recoletos.h15924965.Hotel-Information)

0.9 km from Mercado de la Paz

9.4/10

Exceptional

(296 reviews)

"Dining near"

![United States](https://a.travel-assets.com/egds/marks/flags/us.svg)

ROBERTO

CA $319

CA $351 total

includes taxes & fees

Apr 8 - Apr 9

[](https://www.expedia.ca/Madrid-Hotels-60-Balconies-Recoletos.h15924965.Hotel-Information)

![Handrails in hallways](https://images.trvl-media.com/lodging/106000000/105480000/105477100/105477075/c41a9bc4.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Premium Double Room](https://images.trvl-media.com/lodging/106000000/105480000/105477100/105477075/6b1b0804.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Hallway](https://images.trvl-media.com/lodging/106000000/105480000/105477100/105477075/2de22bbd.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Terrace/patio](https://images.trvl-media.com/lodging/106000000/105480000/105477100/105477075/6144aeb8.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### B&B Hotel Madrid Centro F52

[](https://www.expedia.ca/Madrid-Hotels-BB-HOTEL-Madrid-Centro-F52.h105477075.Hotel-Information)

Chueca, 1.4 km from Mercado de la Paz

9.4/10

Exceptional

(639 reviews)

"Clean room and friendly staff"

![United States](https://a.travel-assets.com/egds/marks/flags/us.svg)

Alexandar M

CA $163

CA $180 total

includes taxes & fees

Mar 15 - Mar 16

[](https://www.expedia.ca/Madrid-Hotels-BB-HOTEL-Madrid-Centro-F52.h105477075.Hotel-Information)

![Premium bedding, in-room safe, desk, laptop workspace](https://images.trvl-media.com/lodging/84000000/83990000/83982400/83982377/6ff1f6c5.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Premium bedding, in-room safe, desk, laptop workspace](https://images.trvl-media.com/lodging/84000000/83990000/83982400/83982377/7055427d.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Fridge, stovetop, espresso maker, cleaning supplies](https://images.trvl-media.com/lodging/84000000/83990000/83982400/83982377/de40ef5e.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Luxury Room | Living area](https://images.trvl-media.com/lodging/84000000/83990000/83982400/83982377/44347374.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### Tribu Malasaña

[](https://www.expedia.ca/Madrid-Hotels-Aparthotel-Tribunal.h83982377.Hotel-Information)

Malasaña, 1.3 km from Mercado de la Paz

9.4/10

Exceptional

(261 reviews)

"Clean room, great location, the style an design of the hotel was very nice and staff was friendly "

![United States](https://a.travel-assets.com/egds/marks/flags/us.svg)

Beatriz

CA $166

CA $183 total

includes taxes & fees

Mar 16 - Mar 17

[](https://www.expedia.ca/Madrid-Hotels-Aparthotel-Tribunal.h83982377.Hotel-Information)

![Front of property - evening/night](https://images.trvl-media.com/lodging/5000000/4440000/4434600/4434576/235af0df.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Terrace/patio](https://images.trvl-media.com/lodging/5000000/4440000/4434600/4434576/240580b5.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Reception](https://images.trvl-media.com/lodging/5000000/4440000/4434600/4434576/ff06cdcd.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Snack bar](https://images.trvl-media.com/lodging/5000000/4440000/4434600/4434576/daf57418.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### Petit Palace Santa Bárbara

[](https://www.expedia.ca/Madrid-Hotels-Petit-Palace-Santa-Barbara.h4434576.Hotel-Information)

0.9 km from Mercado de la Paz

9.2/10

Wonderful

(1,001 reviews)

"Excellent room. Clean and quiet. The staff were super friendly. We definitely stay there again"

![United States](https://a.travel-assets.com/egds/marks/flags/us.svg)

Sabina

CA $256

CA $282 total

includes taxes & fees

Mar 15 - Mar 16

[](https://www.expedia.ca/Madrid-Hotels-Petit-Palace-Santa-Barbara.h4434576.Hotel-Information)

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](https://expedia.ca/Hotel-Search?startDate=2026-03-24&endDate=2026-03-25&regionId=553248621533070433&adults=2&sort=RECOMMENDED&openPlayBack=true)

## Top Mercado de la Paz Hotel Reviews

![Hard Rock Hotel Madrid](https://images.trvl-media.com/lodging/67000000/66910000/66907000/66906927/d67323ac_y.jpg)

### Hard Rock Hotel Madrid

10/10 Excellent

"os my #1 Hotel choice in Madrid Always, been here several times. "

[](https://expedia.ca/Madrid-Hotels-Hard-Rock-Hotel-Madrid.h66906927.Hotel-Information)

![Tótem Madrid Hotel](https://images.trvl-media.com/lodging/2000000/1340000/1336000/1336000/cd5c7c80_y.jpg)

### Tótem Madrid Hotel

10/10 Excellent

"Amazing"

[](https://expedia.ca/Madrid-Hotels-TOTEM-Madrid-Small-Luxury-Hotels-Of-The-World.h1336000.Hotel-Information)

![Hotel Regina](https://images.trvl-media.com/lodging/2000000/1180000/1170200/1170158/e8709f28_y.jpg)

### Hotel Regina

10/10 Excellent

"Perfectly located, well-appointed rooms, quiet and comfortable stay, phenomenal breakfast, and lovely staff. I wouldn’t stay anywhere else in Madrid!"

[](https://expedia.ca/Madrid-Hotels-Hotel-Regina.h1170158.Hotel-Information)

![Bless Hotel Madrid, a member of The Leading Hotels of the World](https://images.trvl-media.com/lodging/1000000/870000/865600/865586/e4a89963_y.jpg)

### Bless Hotel Madrid, a member of The Leading Hotels of the World

10/10 Excellent

"Great location in the Salamanca neighborhood. Easy to walk to places or taxis are readily available in front of the hotel. The room has character and relatively smaller. It was located in an outside courtyard, meaning you are exposed to rain walking in and out of your room. The gym is small but it has the basics. "

[](https://expedia.ca/Madrid-Hotels-Bless-Hotel-Madrid.h865586.Hotel-Information)

![Barceló Emperatriz](https://images.trvl-media.com/lodging/1000000/60000/54500/54497/07e32429_y.jpg)

### Barceló Emperatriz

8/10 Good

"First time staying at this hotel and I can say the best part was the room. Clean, modern, has all the essentials you need for a short stay, comfortable pillows, comfortable bed and a spacious bathroom. A few blocks away from Serrano’s shopping hotspots but you can say the hotel “is in the area”. You get what you pay for."

[](https://expedia.ca/Madrid-Hotels-Barcelo-Emperatriz.h54497.Hotel-Information)

![Hotel Riu Plaza España](https://images.trvl-media.com/lodging/30000000/29350000/29345500/29345493/af77088a_y.jpg)

### Hotel Riu Plaza España

10/10 Excellent

"Excellent service, super clean room, great hospitality. "

[](https://expedia.ca/Madrid-Hotels-Hotel-Riu-Plaza-Espana.h29345493.Hotel-Information)

![NH Madrid Lagasca](https://images.trvl-media.com/lodging/1000000/530000/523400/523306/30b73874_y.jpg)

### NH Madrid Lagasca

6/10 Okay

"Staff didn’t speak good English. I had a lot of challenges with the WiFi which was a big problem. "

[](https://expedia.ca/Madrid-Hotels-NH-Madrid-Lagasca.h523306.Hotel-Information)

![Live It Gran Via](https://images.trvl-media.com/lodging/101000000/100160000/100155700/100155631/fa0b6cc2_y.jpg)

### Live It Gran Via

10/10 Excellent

"Ok"

[](https://expedia.ca/Madrid-Hotels-Live-It-Gran-Via.h100155631.Hotel-Information)

![Hotel Gran Versalles](https://images.trvl-media.com/lodging/1000000/30000/25700/25620/8e0c10db_y.jpg)

### Hotel Gran Versalles

6/10 Okay

"For a 4 star hotel it was disappointing to see there was no facilities in the room to make a cup of tea. At night I had to go downstairs to the bar and pay 2.50 Euros each time i would want a cup of tea…But they have a full stock up mini bar with alcoholic drinks which to me was useless. Not even a complimentary water bottle on arrival"

[](https://expedia.ca/Madrid-Hotels-Hotel-Gran-Versalles.h25620.Hotel-Information)

## 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 culturally rich area, you can savor the lively bars. 

[See properties](https://www.expedia.ca/Hotel-Search?rfrrid=TG.LP..PointOfInterests&regionId=553248633937777983)

### El Corte Inglés

4.8/5 (25 reviews)

You can do some window-shopping at El Corte Inglés during your visit to Madrid. Make time to visit the area's shops, or simply enjoy its top-notch restaurants. 

[See properties](https://www.expedia.ca/Hotel-Search?rfrrid=TG.LP..PointOfInterests&regionId=553248635974651022)

### La Caixa Foundation

You can browse the exhibits at La Caixa Foundation, a museum with a storied past, during your trip to Madrid. Experience the acclaimed art scene and fascinating museums in this vibrant area. 

[See properties](https://www.expedia.ca/Hotel-Search?rfrrid=TG.LP..PointOfInterests&regionId=6226786)

### Kreisler Gallery

You can browse the exhibits at Kreisler Gallery, a museum with a story of its own, during your trip to Madrid. Experience the fascinating museums and acclaimed art scene in this vibrant area. 

[See properties](https://www.expedia.ca/Hotel-Search?rfrrid=TG.LP..PointOfInterests&regionId=553248633956279310)

### El Jardin de Serrano

During your visit to Madrid, you can find the perfect gifts to bring home at El Jardin de Serrano. Experience the acclaimed theater scene and fascinating museums in this vibrant area. 

[See properties](https://www.expedia.ca/Hotel-Search?rfrrid=TG.LP..PointOfInterests&regionId=553248621563221542)

### Jorge Juan Gallery

You can browse the exhibits at Jorge Juan Gallery, a museum with a story of its own, during your travels to Madrid. Discover the fascinating museums and shops in this vibrant area. 

[See properties](https://www.expedia.ca/Hotel-Search?rfrrid=TG.LP..PointOfInterests&regionId=553248633956278983)

### Church of San Andres de Los Flamencos

After visiting Church of San Andres de Los Flamencos, make a plan to see the other sights and activities in Madrid. Experience the fascinating museums and acclaimed theater scene in this vibrant area. 

[See properties](https://www.expedia.ca/Hotel-Search?rfrrid=TG.LP..PointOfInterests&regionId=553248621562488055)

### Basilica of la Concepcion de Nuestra Senora

You can find out about the history of Madrid with a visit to Basilica of la Concepcion de Nuestra Senora. Discover the acclaimed art scene and shops in this vibrant area. 

[See properties](https://www.expedia.ca/Hotel-Search?rfrrid=TG.LP..PointOfInterests&regionId=553248621532487436)

## Frequently asked questions

### What's the area like around Mercado de la Paz?

### Where is the best place to stay near Mercado de la Paz?

### How many hotels will I be able to find near 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?

### What can I see and do near Mercado de la Paz?

### How can I get to Mercado de la Paz?