Center of Madrid's social life, the Gran VÌa connects the Plaza de EspaÒa with the Plaza de Callao, on which you will find numerous stores, cinemas and theaters. From the hotel you can also visit the Madrid de los Austrias (Bourbon Madrid) neighborhood, the Palacio Real (Royal Palace) the Catedral de la Almudena (Almudena Cathedral) and the Teatro Real (Royal Opera House). .