Located in the heart of Madrid, between Plaza del Callao and the Puerta del Sol, tens of thousands of people walk through Calle Preciados every day. This is perhaps the busiest shopping street in the centre of Madrid and also the most expensive one: it occupies the #5 spot in the world ranking of streets with the highest rent price and it is located just fifty yards from our hotel.
However, few know the origin of its name. The street pays tribute to the Preciado brothers, who were beloved by the people of Madrid thanks to their excellent work as civil servants.
Our history goes back many centuries, back to 1490, when there was still a royal country house in this area that the monarchs used for leisure and recreation. read full article