Perhaps reflecting its upmarket location near to Madrid's Royal palace, this fantastic vacation apartment boasts a regally elegant character and warmth.

A delicate palette of neutrals and mahogany in its fittings and soft furnishings is given lashings of rich crimson red, for a typically Spanish style coupled with modern appeal.

Optimum comfort and an exclusive location makes the Carmesí Princesa a shortlist favourite for your trip to Madrid.

The apartment is located just 2 minutes from Madrid's Plaza de España and a pleasant stroll to the Palacio Real. There are gourmet eateries and shops in the buildings' plaza.

Bordering Malasaña is the fashionable neighbourhood in Madrid, with art galleries and vintage shopping just streets away as well as the best of Madrid’s varied nightlife.

You are 5 minutes' walk from Plaza Dos de Mayo, packed with trendy bars, while a short journey in the other direction takes you to Plaza Mayor, Puerta del Sol and Gran Via.

Cultural spots such as the Prado museum and the Reina Sofia gallery can be easily reached by metro in about 15 minutes.

Nearby metro station: Plaza de España (L3, yellow line; L10, blue line).