One of the main attractions of the central area is undoubtedly the well-known Madrid de los Austrias. It is not a neighbourhood in itself, but it is delimited as a primitive medieval layout initiated by the House of Habsburg since Charles I and especially by Philip II.
In this area we can find one of the most historic monuments in the whole city.
By Madrid de los Austrias we mean that part of the city that had a special relevance and flourished thanks to the presence of the court during the almost two centuries of the Habsburg dynasty in Spain.
This property is located in the vicinity of Canalejas Square, the biggest real estate investment in the capital at the moment, thanks to the development of luxury flats and a five-star hotel in the classical surroundings of the historic centre of the capital. It represents the largest investment in the real estate sector in recent times and has turned the market, supply and demand in the area upside down.