Currently property of BBVA bank
Located at 10 Paseo de Recoletos, is one of the few palaces of Recoletos/Castella area in Madrid that survived the urban planning raisings of the second half of the past century.
The first Marque of Salamanca, D. Jose Maria de Salamanca y Mayol, mandated its construction. He was the driving force behind the Salamanca neighborhood which bares his name and was created under the direction of the architect Narciso Pascual y Colomer halfway through the 19th century. With classic features and an Italian influence, it’s possibly the most beautiful example of this style of architecture in Madrid. Its garden, with delicately cared for 100 year old trees, still conserve a marble fountain. For a moment, the flowing water blocks out the sounds of the surrounding traffic. The building is currently property of the BBVA bank and cannot be visited, except during cultural exhibits they have from time to time. Nearby is Colon plaza, recently remodeled and quite a site, with the largest flag in Madrid.