It is important to note that shopping hours are from 10.00 to 14.00 hrs and 17.00 to 20 hrs. Exception to this will be Departmental Stores which stay open during the long lunch period. Also, it is normal to find many smaller shops closed on Saturday afternoons. The largest Spanish Store Group is "El Corte Inglés" which has a reputation for quality goods and service.

Purchase made in Spain are subject to the national IVA (VAT) Tax. Non-EU residents may claim back their IVA Tax on purchases over € 70.00 but not on certain items such as food, drink, tobacco, motorbikes, cars and medicines.

Sale Time - Signs indicating  are "Rebajas", "Traspaso" and "Liquidación"
The items in Spanish shops usually occur in January and July. However, the July sale can run as late as September.

Fashions for men, women and children by Spanish international designers can be mainly found in the streets of Calle del Almirante ( Map C ), Calle del Conde de Xiquena ( Map C ), and in the district of Salamanca. In these locations a visitor will encounter the best shops for jewellery, shoes, leather goods, and all manners of gifts.

The Plaza Mayor ( Map B ) area offers the best shops selling an assortment of traditional articles such as espadrilles, fabrics, traditional hats and various religious articles.

Large Departmental stores are to be found around the Plaza de Puerta del Sol ( Map B ) and Calle de la Princesa ( Map A ), Calle de Goya ( Map C ) and Paseo de la Castellana in the Castellana Area.


"ARCO Art Fair" - An internationally famous event is the  that is held in February at the Parque Ferial Juan Carlos I. This attracts Art Galleries from all over the world to Madrid to exhibit their in-house contemporary works by their stable of artists. 

"El Rastro" When considering the many fascinating street markets this most famous "flea market" occurs every Saturday and Sunday in the area of the Plaza de Cascorro, Calle de la Ribera de Curtidores ( Map E ) and Calle de Embajadores ( Map E ). This market lives up to its expectation and nearly everything under the sun can be found for sale on the stalls and bargaining is recommended. 

"Feria de Artesanos" in the Paseo de Recoletos ( Map C ) is held every December and offers all sorts of items suitable for Christmas gifts.

"Feria de la Cerámica" in located in the exciting and historic old district of Malasaña ( Map B ) each year as from the 15th of May. Here visitors will find earthen cookware and wine jugs surrounded by many other objects. 

"Feria del Libro Antiguo y de Ocasión" is The Book Fair for enthusiasts for old and second-hand books. It is to be found at the Paseo de Recoletos ( Map C ) and starts at the beginning of May. 

"Feria del Libro" is a Book Fair specializing in books about Madrid and other subjects and can be found on the south side of the Real Jardín Botaánico ( Map F ) on most Sundays

"Mercado de Artículos Navideños" located in the Plaza de Mayor ( Map B ) is another market held in December offering items generally connected with the theme of Christmas

"Mercadillo de Sellos y Monedas" is for stamps, old coins and banknotes that are traded each morning in the Plaza de Mayor ( Map B ).


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