The verdict
Yes — if "royal madrid" sounds like your kind of Madrid. The Royal Palace, the opera house and sunset gardens — stately, quiet, dead central.
Palacio is the stately west end of the old city: the Palacio Real's 3,000 rooms, the Almudena cathedral, the Teatro Real opera house and the manicured Sabatini and Campo del Moro gardens, all draped along the escarpment where Madrid began as a 9th-century Moorish fort. For a barrio wrapped around the city's biggest monument it stays strangely calm — tour groups drain away at closing time and the evenings belong to locals walking dogs in the Plaza de Oriente.
What you would actually come for
Palacio Real & the Armoury. Europe's largest functioning royal palace — go at opening or book the last slot; free entry final two hours Mon–Thu for EU/LatAm citizens.
Changing of the guard. Wednesdays & Saturdays at the Puerta del Príncipe; the full solemn relief with cavalry happens the first Wednesday of the month.
Campo del Moro & Sabatini gardens. The palace's two gardens — Sabatini for the symmetrical photo, Campo del Moro for the long lawn view up the facade.
The practical case
Ópera station (L2, L5, plus the R shuttle to Príncipe Pío) is the hub; Príncipe Pío itself adds Cercanías and buses to the sierra's western towns. Sol is 5 minutes' walk, Gran Vía 10. Airport ~40 minutes via L2 + L8.
Questions, answered
Where to sleep: Palacio
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