Mercado de San Miguel: Tourist Trap or Worth A Visit?

This blog post was originally posted on November 5, 2012, and was updated on December 19, 2017.

At first glance, the Mercado de San Miguel may seem like a tourist trap. Throngs of visitors flood this famous market every day to get a taste of Spain’s world-famous cuisine. So the question is–is it worth a visit?

The Mercado de San Miguel is located in the heart of the city center, next to the historic Plaza Mayor, and in between the popular Puerta del Sol (the city’s main square) and the Royal Palace. With so many important attractions surrounding it, it’s easy to see why the area is packed with tourists from around the globe.

While many might think Mercado de San Miguel is overpriced and inauthentic, we beg to differ. This historic market is not only beautiful but also full of food from around the country. We think this place is a must-see when visiting the Spanish capital.

Want to know if the Mercado de San Miguel is worth a visit while you're in Madrid? Let us tell you why we love this special market!

The Food

We wouldn’t blame you for thinking that the food at the Mercado de San Miguel is expensive and mediocre– but you’d be wrong! This market has some fantastic food at very moderate prices.

From gourmet hams and cheeses to fresh fruit and vegetables, the San Miguel Market really does have something for everyone. You can spend hours walking around and exploring different stalls that offer delicacies from around Spain. While you might not have the time to tour through all of Spain’s unique regions, you can sample the Galician specialty pimientos de padrón, pintxos from the Basque country or Asturian sidra all in one trip to the Mercado de San Miguel.

The produce at Mercado de San Miguel is fresh and extremely high quality, from peaches to grapes, strawberries to oranges - you won't know where to stop!
Amazingly fresh fruits and vegetables on display at the San Miguel Market.

Need help narrowing down where to go? Here are some tips on where to eat in the Mercado San Miguel from Devour Madrid guide Joy.

The Building

The market itself is truly a work of art. Opened in 1916, it was one of the first covered markets in the city and is a classic example of early 20th-century architecture. It remains the only market of its kind in Madrid due to many others like it being demolished in the late 90s. In the 1980s, shopping habits had changed drastically. Business shifted from markets to larger grocery chains, and the traditional Mercado de San Miguel fell into decline. A group of investors saved San Miguel from a similar fate and renovated the market into the gastronomic center it is today.

A specialist ham slicer gets to work carefully cutting the thin slices of ham inside the Mercado de San Miguel
Hand-carved, acorn-fed cured ham is a favorite at the market.

The Atmosphere

Unlike other neighborhood markets, people don’t go to San Miguel to do their weekly grocery shopping, but instead, use the market as a meeting point to celebrate and eat with friends and loved ones. This gourmet food center lets people from all over the world enjoy Spanish cuisine in a unique environment. But, don’t think that only tourists are the ones who love the market. Around dinner time, you’ll see a happy mix of Spaniards and tourists enjoying tapas and wine. While some may call it a tourist trap, we call the Mercado de San Miguel our happy place.

A trip to the Mercado de San Miguel is worth a visit when in Madrid.
A night out at Mercado de San Miguel!

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6 Comment

  1. December 5, 2012 at 4:54 pm

    This is one of my favorite places in Madrid. The food is always good and you can get a great variety. It is amazing how crowded it gets after people get off work.

  2. Del says
    March 3, 2019 at 9:24 pm

    Went there in February and loved it just amazing.

  3. November 10, 2019 at 8:15 pm

    We loved the Mercado San Miguel so much we went back twice! Since we were in Madrid in late August, it was super-crowded and noisy. We’d love to experience it in the off season one of these days.

    1. Devour Tours says
      November 12, 2019 at 9:46 am

      Thanks for reading and sharing your experience, Susan! The Mercado does tend to get quite crowded in the summer months, so it sounds like you’re due for a trip back to experience a different side of it. 🙂

  4. Ritzel Boer says
    January 9, 2020 at 1:27 am

    What are the hours? When is the best time to visit?

    1. Devour Tours says
      January 13, 2020 at 8:57 am

      Hi Ritzel—the market is open from 10 a.m.—midnight every day, except Friday and Saturday night when it closes at 1 a.m. The best time to visit is immediately after opening if you’d like to walk around without dodging the crowds, or around midday or in the evening if you’d rather experience the market at its most bustling. We hope this helps–enjoy Madrid!


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