Palacio del Marqués de Gaviria, Neoclassical palace in Centro district, Madrid, Spain.

The Palacio del Marqués de Gaviria is a neoclassical palace in central Madrid, distinguished by its Italian Renaissance architectural details and ornate interior design. The building features a grand staircase with decorative railings, embellished balconies, and multiple rooms adorned with painted frescoes and detailed wall decorations.

Built in 1846–1847 by architect Aníbal Álvarez Bouquel for the banker Manuel Gaviria y Alcoba, second Marquis of Gaviria and first Count of Buena Esperanza, the palace was inaugurated in 1851 with a ball presided over by Queen Isabella II. Its site on Calle Arenal was chosen by Gaviria himself, with the main door moved to face Plaza de Celenque. In 1977 proceedings began to declare it a cultural heritage site.

The building carries the name of Manuel Gaviria y Alcoba, II Marquis of Gaviria, who chose the Calle del Arenal site himself. Its 1851 opening was a ball presided over by Queen Isabella II, and parties in the ballroom could be watched from the street through the balcony windows. Since 2017 the halls have been rented for events and temporary exhibitions.

The palace is located on Calle Arenal and is easily accessible by public transportation from multiple metro stations nearby. Visitors should allow time to explore the interior at a leisurely pace to appreciate the detailed decoration and room layouts.

The palace preserves frescoes painted by artist Joaquín Espalter y Rull, which are especially visible on the ceilings of the main ballroom and chapel. These artistic works demonstrate the exceptional quality of the interior decoration and represent a notable example of this painting technique in the city.