Sheer elegance and a stunning colour scheme rock this designer rental apartment, set very high in central Madrid's fabulous skyline and with city views to match.

Pale beechwood floors and muted grey hues are given vibrant contrast with ruby-red furnishings, black and hi-tech accessories, for a cutting-edge look that is second to none.

With its superb location, on a convenient mini-plaza and well-connected to Madrid's cultural favourites, the beautiful Rubí Princesa apartment is a hot pick in holiday rentals.

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).