The capital of Spain, found in the guts of the cape and right in the middle of the Castillian plain 646 meters above sea level, has a population of over 3,000,000. A sophisticated town, a business center, HQ for the general public Administration, Administration , Spanish Parliament and the home of the Spanish Royals, Madrid also plays a big part in both the banking and economic sectors. The majority of its industry is found in the Southern fringe of the town, where important textile, food and metal working factories are clustered.
Madrid is distinguished by intense cultural and creative activity and an exceedingly energetic nightlife. The grand metropolis of Madrid can trace its origins to the times of Arab Emir Mohamed I ( 852-886 ), who ordered the development of a fortress on the left bank of the Manzanares stream. Later it became the topic of an argument between the Christians and Arabs till it was conquered by Alonso VI in the eleventh century.
At the end of the 17th century, a defensive wall was built for the protection of the new outlying areas, tracing the roads of Segovia, Toledo and Valencia.
In the eighteenth century, under the reign of Carlos III, were designed the great arteries of the town , for example the Paseo del Prado and Paseo las Acacias. Lots of the hostels in Madrid offer great rebates. This means you can stay at low rates and save money to go to more of the great sightings Madrid has to give.