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The Principal Madrid, Small Luxury Hotels

The Principal Madrid, Small Luxury Hotels

When you book The Principal Madrid, Small Luxury Hotels in Spain, through our Fora Reserve partnership, your stay includes a welcome amenity. You also receive early check-in and late check-out when available. No premium credit card or membership needed: request a quote and our advisor books it at the same rate as booking direct.

Exclusive Booking Perks

These perks are included with your stay at the same rate as booking direct with the hotel.

  • Upgrade at check-in subject to hotel availability, based on a two-night minimum stay
  • Early check-in and late check-out (subject to availability)
  • 100 USD Credit at the hotel on qualifying charges, based on a two-night minimum stay
  • Complimentary valet parking
  • Seasonal fruit platter welcome amenity

Guest feedback

9.4/10 from 116 guest reviews

By category

Service 9.8/10
Room Quality 9.2/10
Location 9.7/10
Amenities 9.2/10

Guests liked

  • Great staff
  • Wonderful location
Read what guests commented

Location

Map of C. del Marqués de Valdeiglesias, 1, Centro, 28004 Madrid, Spain
C. del Marqués de Valdeiglesias, 1, Centro, 28004 Madrid, Spain

The Principal Madrid stands in Chueca, a neighbourhood where boutique-lined streets pulse with an energy both celebratory and inclusive. This is central Madrid at its most contemporary: cafe tables spill onto narrow pavements, fashion-forward shops occupy ground floors of Belle Époque buildings, and Plaza de Chueca, named for 19th-century composer Federico Chueca, anchors a district that has become synonymous with openness and urban vitality. The streets around the property hum with conversation at all hours, a reminder that Madrid keeps late schedules and prioritizes the social rhythm of life.

Beyond the neighbourhood's animated present lies the older city. A kilometre southwest, the Paseo del Prado and Buen Retiro, inscribed as a UNESCO site in 2021, traces the evolution of Madrid's cultural ambitions from the 16th century onward, when tree-lined alamedas became the template for civic gathering. The boulevard remains the axis of Madrid's museum quarter, anchored by institutions that define Spanish art from Velázquez to Goya. The property's position in the administrative ward of Justicia places it within walking distance of the city's political and artistic heart.

Adolfo Suárez Madrid–Barajas Airport lies thirteen kilometres northeast, connected by metro and taxi to the Centro district. The Manzanares River winds through the western edge of the capital, a quiet counterpoint to the dense urban core.

Paco Roncero's two-Michelin-starred restaurant, a three-minute walk from the property, channels the chef's restless creativity into dishes served in a space the guide calls "elegant, avant-garde." For a different register, Deessa holds two stars at the Mandarin Oriental Ritz, half a kilometre south, where the dining room upholds formal refinement. DiverXO, four kilometres away, operates under Dabiz Muñoz's irreverent hand: his three-starred menu includes "Galician lobster waking up on the beaches of Goa" and "drunken crabs partying in Jerez," compositions that marry technical precision with unabashed playfulness. Book well ahead.

Mercado de la Corredera, seven hundred metres from the hotel, offers a morning glimpse of neighbourhood life: vendors arrange seasonal produce, cured meats, and cheeses under its market hall roof. The Mercado de San Miguel, a kilometre further, occupies an iron-and-glass pavilion near Plaza Mayor, its stalls dealing in small-format tapas and vermouth. Start with percebes and jamón ibérico at the counters before continuing to the Paseo del Prado, where the Prado Museum, Reina Sofía, and Thyssen-Bornemisza collections form what locals call the Golden Triangle of Art. The Paseo's layout, inscribed by UNESCO for its role as a prototype of the Hispanic alameda, reveals how Madrid's public spaces were designed to merge nature with intellectual ambition.

Summer in Madrid is uncompromising. Temperatures climb above thirty degrees from late June through August, the air dry and still, shutters drawn against the afternoon glare. The city empties during these weeks as residents retreat to cooler elevations or coastal towns, leaving the centre quieter but no less intense.

Spring and autumn offer the most balanced conditions. April through early June brings warmth without oppression, the light golden on ochre facades, cafe terraces fully occupied. September and October mirror this temperament, though rain becomes more frequent as November approaches.

Winter mornings can drop near freezing, but daytime highs hover around ten degrees. Rain falls sporadically from December through March. The season suits museum days and long lunches in wood-panelled tabernas, when the city's interior life comes into focus.

Frequently Asked Questions

You often receive the same rate as booking direct through our Fora Reserve partnership, with complimentary perks including room upgrades, a hotel credit and flexible check-in and check-out. Across our 3300+ partner properties, 84% include daily breakfast and 89% include room upgrades. Your travel advisor is also available to advocate on your behalf if anything goes wrong during your stay.
In most cases, yes. Complimentary perks are typically included alongside seasonal promotions or hotel-run sales, so you can often receive the promotional rate plus perks like breakfast, room upgrades, and hotel credits. Some rate types are not eligible, and perks cannot be added to a booking made elsewhere, so the reservation needs to come through us. We'll confirm what applies to your dates.
Not necessarily. Your rate often matches The Principal Madrid, Small Luxury Hotels's published rate, but other platforms may occasionally offer discounted prices. Our focus is on the overall value of your stay, with complimentary perks like breakfast, room upgrades, and hotel credits, plus a dedicated travel advisor who can advocate on your behalf.
Nightly rates at The Principal Madrid, Small Luxury Hotels in Madrid vary by season, room category, and length of stay. When you book through our Fora Reserve partnership, your stay includes 3 complimentary perks : room upgrades, a hotel credit and flexible check-in and check-out, at the same rate as booking direct. Request a personalized quote for current rates.
No premium credit card or membership needed. The perks at The Principal Madrid, Small Luxury Hotels come from booking through our Fora Reserve partnership, not from a card or membership programme. Request a quote and your travel advisor books your stay at the same rate as booking direct, with your perks confirmed before you book.
Yes, there are 34 Michelin-starred restaurants within 50 km of The Principal Madrid, Small Luxury Hotels in Madrid, Spain, making it a compelling destination for guests who value fine dining alongside their stay.
Natasha Hardy, your travel advisor

Quotes are personally reviewed by Natasha Hardy, founder of The Uncommon Traveller

5.0 rating · 8 Google reviews

There is no fee or markup. The hotel pays our commission.

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What Guests Say: The Principal Madrid, Small Luxury Hotels

“Stayed at the Principal for one week back in June with my husband. We loved every minute! Unbeatable location and a view to die for. The breakfast was great and they had very attentive staff who provided great recommendations daily.”

Michelin Guide Restaurants Nearby

182 Michelin Guide restaurants within 50 km of The Principal Madrid, Small Luxury Hotels

34 Starred Bib Gourmand 18 Bib Gourmand 130 Michelin Selected

DiverXO

Creative

4.4 km $$$$

Paco Roncero

Creative

304 m $$$$

Deessa

Creative

536 m $$$$

DSTAgE

Creative

603 m $$$$

Ramón Freixa Atelier

Creative

1.2 km $$$$

Coque

Creative

1.4 km $$$$

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