Where to Eat Near Hotel Preciados in Madrid

Old-world elegance meets modern luxury at Hotel Preciados. The wrought-iron balconies and classic exterior have made it a focal point on the street of the same name. However, once you step inside, you’ll be transported to a world of sleek, contemporary charm. And with a privileged location between the Royal Palace and Puerta del Sol, you’re never far from the city’s best sights—and food! This guide will show you where to eat near Hotel Preciados in Madrid no matter what you’re craving.

Wondering where to eat near Hotel Preciados in Madrid? We've got some of our top picks right here!

Café Varela

If you’re wondering where to eat near Hotel Preciados in Madrid, you can’t get much closer than Café Varela. The hotel’s very own restaurant dates back to the 19th century and is a reference for classic Galician cuisine here in the capital. Just a single bite will transport you to the rugged green shores of northern Spain! Traditional Galician recipes and cooking techniques—the very same ones they’ve used for more than a century—have made this place a favorite among locals and hotel guests alike. Just ask some of the scores of Spanish literary legends and renowned artists who have sat down for a meal here over the years.

Café Varela is one of our top picks for where to eat near Hotel Preciados in Madrid. It's in the hotel itself!
Try Galician classics like tender, perfectly seasoned pulpo at Café Varela.

Gramabar

People from all walks of life congregate at Gramabar for good reason. Their unique Venezuelan-American fusion cuisine has made them so popular that they’ve now opened three locations here in Madrid! However, their original restaurant just down the street from the hotel is our pick for where to eat near Hotel Preciados in Madrid. The modern, wooden interior pays tribute to the owners’ native Venezuela as well as the natural environment. You’ll almost feel as if you’re at a chilled-out forest cafe as you sip fresh-squeezed juice or a homemade cocktail and chow down on arepas.

Curious about where to eat near Hotel Preciados in Madrid for innovative fusion food? Check out the Venezuelan-American fare at Gramabar!
Arepas are a Venezuelan classic, and the best in Madrid come from Gramabar! Photo credit: bryansjs

El Labriego

One of the best options for where to eat near Hotel Preciados in Madrid for traditional home cooking is El Labriego, without a doubt. Located just a short walk away from the hotel in the heart of the city, they specialize in rustic, down-home Spanish and Portuguese cooking. From fresh, mouthwatering fish to perfectly cooked rice dishes, everything they prepare uses only the finest seasonal ingredients to ensure maximum quality. Customer service is excellent and you’ll leave feeling like one of their lifelong friends.

El Labriego is where to eat near Hotel Preciados in Madrid for good, honest home cooking and some of the best rice in town!
Spanish rice isn’t limited to just paella! There are dozens of flavorful rice-based dishes, a few of which can be sampled at El Labriego.

Bar La Alegría

Bar La Alegría‘s name literally means “happiness,” which is certainly appropriate! This tiny, no-frills bar is a true local gem and absolutely one of a kind. It may not look like much from the outside, but looks can be deceiving. Madrileños rave about their traditional callos (tripe stew) and gooey slices of tortilla (Spanish potato omelet). Wash it all down with an ice cold beer for the most authentic experience. They truly don’t make places like this anymore—this is where to eat near Hotel Preciados in Madrid for one of the most genuine meals you’ll have in the city.

Bowl of tripe stew with pork and chickpeas
Comfort food, Madrid style. Step outside your culinary comfort zone and try the callos at Bar La Alegría—we think you’ll be pleasantly surprised!

La Olla de Sichuan

Take a trip to China without leaving Madrid! La Olla de Sichuan is where to eat near Hotel Preciados in Madrid if you want the real deal when it comes to Chinese food. As the only Sichuanese-owned restaurant in the city, every aspect of this place is guaranteed to be authentic. We recommend the hot pot, a DIY meal that combines all of the fun of preparing your own meal with none of the work! Just add the ingredients and sauce you prefer into the pot at the center of the table and wait for it to finish cooking. If you have any questions or prefer to order something off the menu, the members of their wait staff are impeccably kind and professional.

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