Those seeking grandeur will get their fix at the Belle Époque Palacio, with its original stained-glassed windows from Paris and carpets manufactured by the Royal Tapestry Factory. It's located across the street from the Retiro Park and just blocks from the Prado. -reviewed by Indagare Travel, Inc.

This chic designer enclave in the trendy Salamanca neighborhood has one of Madrid's only in-hotel spas and top-floor duplex suites have sweeping Alcalá views. The city's best shopping and dining is nearby. -reviewed by Indagare Travel, Inc.

The Urban's owner is a Catalan archaeologist and his art collection, including impressive Egyptian finds, is on view throughout this contemporary boutique property. It's down the street from the Prado and Reina Sofia, and on weekends, the city's fashion crowd gathers at the stylish rooftop pool. -reviewed by Indagare Travel, Inc.