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A Guide to Shopping in Madrid | Best Things to Buy, Malls, Souvenirs & More

The capital of Spain is one of the oldest towns in western civilization and the second-largest metropolis in all of Europe. Millions of people visit Madrid each year for its architectural marvels and other attractions. In addition, Madrid is also a great place to shop. Read on to know everything about shopping in Madrid.

Best Things to Buy in Madrid

Shopping in madrid - Shawls

Shawls

Accessories

The traditional Spanish shawl, known as Mantones de Manila, takes its name from the port in the Philippines where the Spanish colony traded products imported from the Far East. If you are in Madrid, don’t forget to buy these exquisitely embroidered shawls.

Where to buy: 

Shopping in madrid - Summer Shoes

Summer Shoes

Accessories

Tourists and locals alike congregate to stock up on the alpargata, Spain's preferred summer shoe. The shoes, which are made of rope and cotton, are an essential part of Spanish summer dress, especially on the beach. They come in 32 colors in addition to the attractive boho appearance.

Where to buy: 

Shopping in madrid - Olive Oil

Olive Oil

Food items

Spain produces almost half of the world's olive oil. Spanish food would not be complete without olive oil. Madrid is the greatest location to find some of the best olive oil variations out of the more than a hundred available in Spain. It is therefore a great place to secure some olive oil.

Where to buy: 

Shopping in madrid - Majórica Pearl Jewelry

Majórica Pearl Jewelry

Luxury items

These artificial pearls have a solid glass ball center that is covered in a specific paste made of diverse organic marine materials layer by layer, closely resembling the natural pearl. There are quite a few places where you can find authentic Majórica Pearl Jewelry in Madrid.

Where to buy: 

Shopping in madrid - Boina de Chulapo

Boina de Chulapo

Accessories

A boina is a soft, rounded hat that is typically woven, knit, or crocheted by hand from cotton, wool, or other materials. The Madrilenians love their boinas. The streets of Madrid are crowded with individuals wearing traditional attire, including boinas, during significant festivities.

Where to buy: 

Shopping in madrid - Ceramic Housewares

Ceramic Housewares

Accessories

You won't run out of ornately crafted, vibrant pottery when exploring Spain's various and varied areas. Vast swaths of blue and gray swirl around Granada pitchers, and vibrantly colored flowers form rings inside a Toledo serving bowl. Look out for these pieces when in Madrid.

Where to buy: 

Best Shopping Streets in Madrid

Shopping in madrid - Gran Via

Gran Via

Shopping district

Location: C/ Gran Vía, 28001 Madrid, Spain Find on map

Best for: Luxury accessories and clothing

Best stores: Stradivarius, Massimo Dutti, El Corte Ingles

Getting there: Take a metro and get down at the Banco de España metro station

Timings: 10 AM to 9 PM

Shopping in madrid - Calle de Serrano

Calle de Serrano

Shopping area

Location: C. de Serrano, 28001 Madrid, Spain Find on map

Best for: Luxury clothing and accessories

Best stores: CH Carolina Herrera, Versace, Navascues

Getting there: Take a bus and get down at the Museo Arqueológico bus stop

Timings: 10 AM to 9 PM

Shopping in madrid - Fuencarral

Fuencarral

Shopping district

Location: 28034 Madrid, Spain Find on map

Best for: Local street shopping

Best stores: Levi’s, Brandy Melville, Mac, Lush, Intimissimi

Getting there: Take a metro and get down at the Fuencarral metro station

Timings: 10 AM to 9 PM

Shopping in madrid - Princesa

Princesa

Shopping Street

Location: 28008 Madrid, Spain Find on map

Best for: High end and street shopping

Best stores: BM Supermercados, Zara, Mayoral - Tienda de Ropa Infantil y para Bebés - El Corte Inglés Princesa

Getting there: Take a metro and get down at the Fuencarral metro station

Timings: 10 AM to 9 PM

Shopping in madrid - Embajadores

Embajadores

Shopping district

Location: 28012 Madrid, Spain Find on map

Best for: Books and formal clothing

Best stores: Mercado de San Fernando, Barrabes Esquí y Montaña, Daniel Chong LAVAPIES

Getting there: Take a metro and get down at the Lavapies metro station

Timings: 10 AM to 8 PM

Shopping in madrid - Barrio de La Latina

Barrio de La Latina

Shopping Street

Location: 28005 Madrid, Spain Find on map

Best for: Handicraft items

Best stores: COCOL, Fiestas Paco, Espartería Juan Sánchez, Herbolario Los Austrias

Getting there: Take a metro and get down at the La Latina metro station

Timings: 10 AM to 8 PM

Best Souvenirs in Madrid

Shopping in madrid - Artisanal Chocolate

Artisanal Chocolate

Where to buy: Chocolatería San Ginés, Chocolateria 1902, Chocolatería Tacita de Plata

Shopping in madrid - Handheld Fans

Handheld Fans

Where to buy: Casa de Diego, Flamencoexport: moda flamenca, COCOL

Shopping in madrid - Wine

Wine

Where to buy: La Caja de Vinos, Carlota Wine Shop, Bodegas Mariano Madrueño

Shopping in madrid - Paella Rice

Paella Rice

Where to buy: Supermercados Dia, Carrefour Market, Supermercado El Corte Inglés

Shopping in madrid - Saffron

Saffron

Where to buy: Herbolario Los Austrias, Bartolomé Gourmet, El MADRILEÑO GOURMET

Shopping in madrid - Caramelos de Violeta

Caramelos de Violeta

Where to buy: La Violeta

Best Malls in Madrid

Shopping in madrid - Las Rozas Village

Las Rozas Village

Luxury shopping mall

What to buy: Clothing, accessories, and housewares

Location: C. Juan Ramon Jimenez, 3, 28232 Las Rozas de Madrid, Madrid, Spain Find on map

Timing: 10 AM to 10 PM

Shopping in madrid - Centro Comercial La Vaguada

Centro Comercial La Vaguada

Shopping mall

What to buy: Accessories and clothing

Location: C/ de Monforte de Lemos, 36, 28029 Madrid, Spain Find on map

Timing: 10 AM to 10 PM

Shopping in madrid - Centro Comercial Plaza Río 2

Centro Comercial Plaza Río 2

Shopping mall

What to buy: Jewelry and clothing

Location: Av del Manzanares, 210, 28026 Madrid, Spain Find on map

Timing: 9 AM to 8 PM

Shopping in madrid - Centro Comercial Príncipe Pío

Centro Comercial Príncipe Pío

High-end mall

What to buy: Clothing and accessories

Location: P.º de la Florida, 2, 28008 Madrid, Spain Find on map

Timing: 10 AM to 1 AM

Shopping in madrid - Plenilunio

Plenilunio

Shopping mall

What to buy: Food and fashion accessories

Location: C. de Aracne, s/n, 28022 Madrid, Spain Find on map

Timing: 10 AM to 10 PM

Shopping in madrid - Parquesur Shopping Center

Parquesur Shopping Center

Shopping mall

What to buy: Clothing and accessories

Location: Av. de Gran Bretaña, s/n, 28916 Leganés, Madrid, Spain Find on map

Timing: 10 AM to 10 PM

Best Luxury Shopping Destinations in Madrid

Shopping in madrid - Salamanca
Shopping in madrid - Las Rozas Village

Las Rozas Village

Luxury shopping mall

What to buy: Clothing, accessories, and housewares

Location: C. Juan Ramon Jimenez, 3, 28232 Las Rozas de Madrid, Madrid, Spain Find on map

Timing: 10 AM to 10 PM

Shopping in madrid - Galería Canalejas
Shopping in madrid - Isolée

Isolée

Luxury shopping outlet

What to buy: Luxury fashion accessories

Location: Calle de Claudio Coello, 55, 28001 Madrid, Spain Find on map

Timings: 10 AM to 8:30 PM

Shopping in madrid - NAC

NAC

Luxury clothing outlet

What to buy: Women’s clothing and accessories

Location: Calle de Génova, 18, 28004 Madrid, Spain Find on map

Timings: 10:30 AM to 9 PM

Shopping in madrid - Aristocrazy Jardín de Serrano

Aristocrazy Jardín de Serrano

Luxury jeweler

What to buy: Luxury and exclusive accessories

Location: Calle de Goya, 6, 28001 Madrid, Spain Find on map

Timings: 10 AM to 9 PM

Budget Shopping Destinations in Madrid

Shopping in madrid - El Rastro de Madrid

El Rastro de Madrid

Flea Market

What to buy: Vintage articles

Location: Pl. de Cascorro, 13, 28005 Madrid, Spain Find on map

Timings: Sundays and public holidays 8 AM to 3 PM

Shopping in madrid - Mercado de la Cebada

Mercado de la Cebada

Market

What to buy: Clothes, accessories, and housewares

Location: Pl. de la Cebada, S/N, 28005 Madrid, Spain Find on map

Timings: Mondays to Saturdays 9 AM to 2 PM, 5:30 PM to 8:30 PM

Shopping in madrid - Malasaña

Malasaña

Shopping District

What to buy: Vintage products

Location: C. de San Bernardo, 28015 Madrid, Spain Find on map

Timings: 10 AM to 8 PM

Shopping in madrid - Gran Via

Gran Via

Shopping district

What to buy: Luxury accessories and clothing

Location: C/ Gran Vía, 28001 Madrid, Spain Find on map

Timings: 10 AM to 9 PM

Shopping in madrid - Mercado de Motores

Mercado de Motores

Shopping mall

What to buy: Bargain accessories

Location: Paseo de las Delicias, 61, 28045 Madrid, Spain Find on map

Timing: Saturdays and Sundays 11 AM to 10 PM

Shopping in madrid - Cuesta de Moyano

Cuesta de Moyano

Bookstore

What to buy: Used books

Location: Cuesta de Moyano, C. Claudio Moyano, 19, 28014 Madrid, Spain Find on map

Timings: Sundays to Saturdays 9:30 AM to 1:30 PM, 4:30 PM to 7 PM

Shopping in Madrid: Essentials

Modes of payment
Best Time to Visit
Restaurants
Getting around
Shopping Tips in Madrid
Shopping in madrid - Modes of payment

Modes of payment: 

  • Visa/Mastercard: Most large establishments accept Visa and Mastercards, but you may be asked to make a minimum transaction.
  • PayPal: PayPal is the most recognized online transaction application used in Madrid.
  • Cash: Madrid is not a very cash-dependent city, but when making small purchases at flea markets, this is the best way to go.
Shopping in madrid - Best Time to Visit

April, May, October, and November are the best months to visit and go shopping in Madrid because:

  • In these months, Madrid is not as crowded.
  • Shopping is pleasurable throughout these months due to the lovely weather.
  • Because there are less travelers during these months, you can get better deals.
Shopping in madrid - Restaurants
  • Kathmandu Tandoori House: This restaurant is known for its flavorful Indian meat dishes and a South Asian diner vibe. Find on map
  • Parrilla El Gaucho: This Argentinian restaurant has made a name for itself based on its diverse Latin American food and drinks. Find on map
  • Restaurante La Mi Venta: This family-owned restaurant has gained a reputation over the years to serve the finest Iberian ham, tapas, and wine. Find on map
  • The Food Fighters BBQ: This American hamburger eatery is known for its mouthwatering burgers, sandwiches, finger foods, and steaks. Find on map
  • Matilda Café Barrio de Las Letras: A vintage boutique and café, this place is a perfect spot for vintage clothes shopping and coffee. Find on map
Shopping in madrid - Bus

By Metro: The metro is the quickest means of transport within Madrid. With routes operating through the center of the city, the southern suburbs, and the airport, the metro system is pristine, vast, and simple to use. You can avail the metro from 6 AM to 1:30 AM.

By Bus: In Madrid, there are more than 200 bus routes that run from 6 AM to 11:30 PM on weekdays including from 7 AM to 11 PM on the weekends.

By Taxi: Taxis are one of the easiest way to travel around Madrid, but they can be pretty expensive and time-consuming due to the consistently congested roads.

Shopping in madrid - Tips
  • Use the Madrid metro network to your advantage on your shopping trips. The red line of the metro has several important shopping streets covered including Sol, Cuatro Cominos, and Goya.
  • Head to the Fuencarral indoor market to find the best of the boho outfits for yourself and your friends.
  • Plan your day appropriately because most stores in Madrid close from 1 to 4 PM for their afternoon naps.
  • Bring cash from your starting point rather than making multiple excursions to the ATM to avoid fees and fines.
  • Several popular locations in Madrid accept credit cards. If you intend to shop in Madrid, bring a card with a chip and a 4-digit PIN.
  • Verify whether free overseas purchases are permitted with your card. If not, pick one that does to significantly reduce the cost of your trip.

Frequently Asked Questions about Shopping in Madrid

What are the best things to buy in Madrid?

The best things to buy in Madrid are artisanal products like beautiful shawls and ceramic items that you must buy. You can also find luxury brand stores selling exclusive jewelry, clothing, and accessories.

What are the best souvenirs in Madrid?

The best souvenirs to buy in Madrid are local products like wine, spices, and olive oil. You may also purchase ceramic plates and shoes.

What are the major modes of payment in Madrid?

The most preferred mode of payment throughout Madrid is card. You can also use online payment at big outlets and malls.

What is the famous shopping street in Madrid?

There are numerous famous shopping streets in Madrid. Gran Via and Princesa are great places to shop.

Which part of Madrid is famous for shopping?

Central Madrid, near Puerta de Alcalá and the Museo Arqueológico Nacional, is famous for shopping.

What is the best thing to shop for in Madrid?

Luxury clothes, accessories, jewelry, as well as artisanal items exclusively made in Madrid are probably the best things you can buy in Madrid.

What is the most popular shopping Center in Madrid?

Parquesur Shopping Center is possibly the most famous shopping center in Madrid. Centro Comercial Príncipe Pío also has many shopping outlets and is a famous shopping center in Madrid.

What should I buy only in Madrid?

Luxury clothes, accessories, jewelry, and artisanal items exclusively made in Madrid like designer housewares, crockery, chocolates, and decorative items are great things to buy in Madrid.

What are the best malls to go shopping in Madrid?

Centro Comercial La Vaguada,  Centro Comercial Plaza Río 2, and Plenilunio are the best malls to go to when visiting Madrid.

What are the best markets to go shopping in Madrid?

The best markets to visit in Madrid are El Rastro de Madrid, Mercado de la Cebada, and Mercado de Motores.

What is the major shopping street in Madrid called?

The major shopping streets in Madrid include Gran Via and Princesa.

What are the best things to buy for kids in Madrid?

Madrid has some of the top kids’ toy outlets including the ZIGZAG KIDS and BricksMadrid LEGO Center. You can also head to the markets of Madrid and purchase Italian garments made in the area for kids.