The Best Places for Cheap Shopping in Madrid  

El Rastro flea market
El Rastro flea market | © Míriam Pérez/Flickr
Jessica Jones

Madrid is a great destination for shopping fans, home to everything from designer stores to hand-crafted local goods. If you’re on a budget or looking for a bargain, we’ve got the perfect guide to the city’s local markets, reasonable neighbourhoods and the best affordable shopping in Madrid.

El Rastro

Madrid’s biggest and most famous flea market takes place every Sunday and on public holiday between the neighbourhoods of La Latina and Lavapiés. The stalls sell everything from leather bags and band T-shirts to antiques, records and flamenco-themed wares. Make sure to arrive early as the market reaches its busiest peak at around midday, and don’t forget to make a stop for a beer and a tapa like the locals do.

El Rastro market

Food markets

If you want to save a few euros on food, check out some of Madrid’s under-the-radar food markets. For fresh food like fish, meat and vegetables, Mercado de la Cebada in La Latina is a great choice (stalls will cook the fish you buy for you on Saturday afternoons, making it one of the best times to visit). If you want food that’s ready to eat, Mercado de San Fernando in Lavapiés, is a popular local choice and prices are low.

Mercado de la Cebada

Vintage shops

The cool neighbourhood of Malasaña, just north of Gran Vía, is the centre of Madrid’s vintage scene: it has many vintage shops with some specialising in certain eras (1970s denim, for example). Calle Velarde is home to several shops, such as Magpie Vintage and Alphaville. Just a few blocks away from Magpie, Flamingos Vintage Kilo sells clothes by the kilogram.

Gran Vía

Madrid’s most famous street is home to grand buildings and Spain’s biggest mainstream stores. If you’re eager to explore the likes of Zara, Mango and Stradivarius, this is the place, and you’ll also find the biggest Primark store in all of mainland Europe. It’s conveniently located right in the centre of Madrid, which means you’ll be spoilt for choice when you need a break from shopping and are looking for a drink or something to eat.

Madrid’s Gran Vía

Cuesta de Moyano book stalls

Bookworms will love perusing the lovely wooden book stalls found near Parque El Retiro, which have been going strong since 1925. The stalls are open every day and sell mainly second-hand books in Spanish, though there is sometimes a selection in other languages too.

Cuesta de Moyano

Shopping centres

If you don’t fancy facing the crowds of central Madrid, or maybe the weather is not too pleasant, a trip to an out-of-town shopping centre could be a good option. There are several shopping centres around Madrid, many of which are home to all the major high street stores, as well as cinemas. Las Rozas Village is Madrid’s biggest designer discount shopping centre, and is very popular with bargain hunters.

Las Rozas outlet

Local designer markets

For a great chance to pick up a unique gift or souvenir, visit any of the several markets around Madrid where local designers sell their creations. Mercado de Motores, a market held in Madrid’s railway museum, takes place over a weekend once a month and makes for a great day out (you can even grab lunch at one of the food trucks outside). The Matadero, Madrid’s former slaughterhouse, is now a thriving cultural hub that also regularly hosts markets.

culture trip left arrow
 culture trip brand logo

Volcanic Iceland Epic Trip

meet our Local Insider


women sitting on iceberg


2 years.


It's the personal contact, the personal experiences. I love meeting people from all over the world... I really like getting to know everyone and feeling like I'm traveling with a group of friends.


I have so many places on my list, but I would really lobe to go to Africa. I consider myself an “adventure girl” and Africa feels like the ULTIMATE adventure!

culture trip logo letter c
group posing for picture on iceberg
group posing for picture on iceberg

Every CULTURE TRIP Small-group adventure is led by a Local Insider just like Hanna.

map of volcanic iceland trip destination points
culture trip brand logo
culture trip right arrow
landscape with balloons floating in the air


Connect with like-minded people on our premium trips curated by local insiders and with care for the world

Since you are here, we would like to share our vision for the future of travel - and the direction Culture Trip is moving in.

Culture Trip launched in 2011 with a simple yet passionate mission: to inspire people to go beyond their boundaries and experience what makes a place, its people and its culture special and meaningful — and this is still in our DNA today. We are proud that, for more than a decade, millions like you have trusted our award-winning recommendations by people who deeply understand what makes certain places and communities so special.

Increasingly we believe the world needs more meaningful, real-life connections between curious travellers keen to explore the world in a more responsible way. That is why we have intensively curated a collection of premium small-group trips as an invitation to meet and connect with new, like-minded people for once-in-a-lifetime experiences in three categories: Culture Trips, Rail Trips and Private Trips. Our Trips are suitable for both solo travelers, couples and friends who want to explore the world together.

Culture Trips are deeply immersive 5 to 16 days itineraries, that combine authentic local experiences, exciting activities and 4-5* accommodation to look forward to at the end of each day. Our Rail Trips are our most planet-friendly itineraries that invite you to take the scenic route, relax whilst getting under the skin of a destination. Our Private Trips are fully tailored itineraries, curated by our Travel Experts specifically for you, your friends or your family.

We know that many of you worry about the environmental impact of travel and are looking for ways of expanding horizons in ways that do minimal harm - and may even bring benefits. We are committed to go as far as possible in curating our trips with care for the planet. That is why all of our trips are flightless in destination, fully carbon offset - and we have ambitious plans to be net zero in the very near future.