There are 3 world class museums on the Paseo del Prado which form an integral part of this property. Referred to as the "Golden Triangle of Art" these museums are vast collections of priceless works spanning nearly a millennia of artistic creations.
Each museum holds icons of European art, unquestionably. One of the foremost is Guernica by Pablo Picasso. There are countless other masterpieces worth noting by Dali, Goya, Bosch, Dürer, and El Greco. Cumulatively these 3 museums take in about 7-8 million visitors per year. Each building has its own history as well, the Prado opened its doors in 1819. Reina Sofia is located in the former General Hospital of Madrid which was built in the late 18th century. The Thyssen-Bornemisza was previously known as Villahermosa Palace.
Museo del Prado - Museo Thyssen-Bornemisza - Museo Nacional Centro de Arte Reina Sofía
The second key component of this property is Parque del Buen Retiro. This public park, with a royal background is about 40% of the size of Central Park in New York. Within the park are the Velázquez Palace and Palacio de Cristal, which now are primarily used for art installations. The Monument to King Alfonso XII (pictured) is quite stunning in its location overlooking the gorgeous artificial pond. The park is utilized well by the people of Madrid. At any given moment, you will see picnickers, joggers, walkers, and lovers. I was fortunate to stay only 15 minutes from the park and I thoroughly enjoyed my walks here in the morning and at dusk.
There are other important sites worth mentioning, but the special one for me is the City Hall, which also houses a cultural centre called CentroCentro (formerly known as Palacio de Cibeles). The terrace on the rooftop is an ideal place to grab a drink and enjoy the many delights of Madrid.