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

![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)

![Outdoor dining](https://images.trvl-media.com/lodging/1000000/580000/571000/570971/e1c50c76.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

(567 reviews)

"Helpful staff Quiet upscale location "

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

marla

CA $545

CA $600 total

includes taxes & fees

Mar 30 - Mar 31

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

![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)

![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)

![Triple Room](https://images.trvl-media.com/lodging/2000000/1410000/1406700/1406689/7f1b835c.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)

![Lunch and dinner served, Japanese cuisine](https://images.trvl-media.com/lodging/1000000/530000/523400/523330/b49b5697.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Lobby](https://images.trvl-media.com/lodging/1000000/530000/523400/523330/w3837h2561x3y0-068c7e4f.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Miscellaneous](https://images.trvl-media.com/lodging/1000000/530000/523400/523330/f1f14ef3.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Miscellaneous](https://images.trvl-media.com/lodging/1000000/530000/523400/523330/w3840h2558x0y3-3c358056.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### NH Collection Madrid Colón

[](https://www.expedia.ca/Madrid-Hotels-NH-Collection-Madrid-Colon.h523330.Hotel-Information)

Recoletos, 0.3 km from Mercado de la Paz

9.4/10

Exceptional

(1,005 reviews)

"Clean hotel, good breakfast and bar options, extremely friendly and helpful staff "

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

Mauricio

CA $275

CA $303 total

includes taxes & fees

Mar 15 - Mar 16

[](https://www.expedia.ca/Madrid-Hotels-NH-Collection-Madrid-Colon.h523330.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)

![Junior Suite](https://images.trvl-media.com/lodging/7000000/6430000/6427300/6427217/327c8bed.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)

![Lobby](https://images.trvl-media.com/lodging/7000000/6430000/6427300/6427217/bd98624e.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

(1,008 reviews)

"excelente hotel"

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

Vicente

CA $406

CA $447 total

includes taxes & fees

Mar 30 - Mar 31

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

![Staircase](https://images.trvl-media.com/lodging/2000000/1340000/1336000/1336000/0d9df7c1.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)

![Interior](https://images.trvl-media.com/lodging/2000000/1340000/1336000/1336000/7e3db930.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 $431

CA $474 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)

![Balcony](https://images.trvl-media.com/lodging/21000000/20210000/20204000/20203909/9128601f.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Interior](https://images.trvl-media.com/lodging/21000000/20210000/20204000/20203909/0a3c136e.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Premium bedding, free minibar, in-room safe, desk](https://images.trvl-media.com/lodging/21000000/20210000/20204000/20203909/4726b318.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Restaurant](https://images.trvl-media.com/lodging/21000000/20210000/20204000/20203909/f5461d71.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### Sardinero Madrid

[](https://www.expedia.ca/Madrid-Hotels-Sardinero-Madrid.h20203909.Hotel-Information)

0.9 km from Mercado de la Paz

9.6/10

Exceptional

(673 reviews)

"Very good Hotel where staff is super friendly and supportive "

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

Paulus

CA $174

CA $192 total

includes taxes & fees

Mar 16 - Mar 17

[](https://www.expedia.ca/Madrid-Hotels-Sardinero-Madrid.h20203909.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)

![Reception](https://images.trvl-media.com/lodging/3000000/2380000/2373900/2373884/2ece6688.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 $548

CA $603 total

includes taxes & fees

Mar 15 - Mar 16

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

![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)

![Exterior](https://images.trvl-media.com/lodging/1000000/20000/16500/16416/ef36c2e3.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)

### 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

(112 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)

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

![Restaurant](https://images.trvl-media.com/lodging/1000000/20000/19900/19889/d0817d24.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)

### 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 $542

CA $596 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)

![Front of property](https://images.trvl-media.com/lodging/1000000/60000/54500/54497/07e32429.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Lobby](https://images.trvl-media.com/lodging/1000000/60000/54500/54497/4641b240.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Bar (on property)](https://images.trvl-media.com/lodging/1000000/60000/54500/54497/dab41f0e.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Lobby](https://images.trvl-media.com/lodging/1000000/60000/54500/54497/d3e5a453.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### Barceló Emperatriz

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

1 km from Mercado de la Paz

9.6/10

Exceptional

(1,103 reviews)

"Great location, nice hotel, nice people, breakfast delicious"

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

NELSON

CA $260

CA $286 total

includes taxes & fees

Mar 15 - Mar 16

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

![Lounge](https://images.trvl-media.com/lodging/19000000/18190000/18184800/18184736/f3913ad3.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Bar (on property)](https://images.trvl-media.com/lodging/19000000/18190000/18184800/18184736/0f03faab.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Bar (on property)](https://images.trvl-media.com/lodging/19000000/18190000/18184800/18184736/bf4ac727.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Property entrance](https://images.trvl-media.com/lodging/19000000/18190000/18184800/18184736/106d2041.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### Relais & Châteaux Heritage Madrid

[](https://www.expedia.ca/Madrid-Hotels-Relais-Chateaux-Heritage-Madrid.h18184736.Hotel-Information)

1 km from Mercado de la Paz

9.8/10

Exceptional

(577 reviews)

"Excellent small luxury hotel. Very friendly staff are knowledgeable and helpful. Beautiful rooms are elegantly decorated and comfortable. Great location close to great shopping and dining options."

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

luke

CA $569

CA $626 total

includes taxes & fees

Mar 15 - Mar 16

[](https://www.expedia.ca/Madrid-Hotels-Relais-Chateaux-Heritage-Madrid.h18184736.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 detail](https://images.trvl-media.com/lodging/2000000/1170000/1164100/1164028/b484a0ff.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)

![Interior entrance](https://images.trvl-media.com/lodging/2000000/1170000/1164100/1164028/f62f5728.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 $315

CA $347 total

includes taxes & fees

Mar 15 - Mar 16

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

![Business centre](https://images.trvl-media.com/lodging/104000000/103450000/103444600/103444579/e5ac6ffa.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)

![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)

### 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)

![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)

![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)

![Garden](https://images.trvl-media.com/lodging/1000000/30000/27300/27247/626eb0c1.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)

### 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 17 - Mar 18

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

![Suite, Terrace](https://images.trvl-media.com/lodging/6000000/5160000/5151600/5151519/266e3584.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)

![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)

### 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 $523

CA $575 total

includes taxes & fees

Mar 30 - Mar 31

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

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

![Reception](https://images.trvl-media.com/lodging/1000000/570000/562100/562097/df4ab321.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 $387

CA $426 total

includes taxes & fees

Mar 15 - Mar 16

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

![Breakfast, lunch, dinner served; Mediterranean cuisine ](https://images.trvl-media.com/lodging/24000000/23980000/23977900/23977829/e678f713.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Reception](https://images.trvl-media.com/lodging/24000000/23980000/23977900/23977829/05440023.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Premium Room](https://images.trvl-media.com/lodging/24000000/23980000/23977900/23977829/dc281e70.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

![Terrace/patio](https://images.trvl-media.com/lodging/24000000/23980000/23977900/23977829/f0eb8a00.jpg?impolicy=fcrop&w=357&h=201&p=1&q=medium)

### One Shot Fortuny

[](https://www.expedia.ca/Madrid-Hotels-One-Shot-Fortuny-07.h23977829.Hotel-Information)

0.5 km from Mercado de la Paz

9.2/10

Wonderful

(354 reviews)

"Well located hotel "

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

Alex

CA $201

CA $222 total

includes taxes & fees

Mar 15 - Mar 16

[](https://www.expedia.ca/Madrid-Hotels-One-Shot-Fortuny-07.h23977829.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)

![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)

![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)

![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)

### 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)

![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)

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

![Front of property](https://images.trvl-media.com/lodging/106000000/105480000/105477100/105477075/862247bc.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

(638 reviews)

"Clean room and friendly staff"

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

Alexandar M

CA $167

CA $184 total

includes taxes & fees

Mar 15 - Mar 16

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

![Garden view](https://images.trvl-media.com/lodging/16000000/15930000/15925000/15924965/5f77569f.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)

![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)

### 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 $331

CA $365 total

includes taxes & fees

Apr 9 - Apr 10

[](https://www.expedia.ca/Madrid-Hotels-60-Balconies-Recoletos.h15924965.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=2026-03-23&endDate=2026-03-24&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

"Room was excellent. Reaĺly clean. Friendly staff. Great hotel"

[](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?