Teatro Nuevo Apolo, Performance theater in Embajadores, Madrid, Spain.

Teatro Nuevo Apolo is a theatre on Plaza de Tirso de Molina in Madrid's Embajadores district, in a building with a pseudo-baroque facade that incorporates art deco elements. Inside it holds close to 500 seats, provides spaces for wheelchair users, and has low relief carvings on the mezzanine level depicting scenes from zarzuela performances.

The owners of the old Teatro Apolo on calle de Alcalá, closed in 1929, built a new venue on the Plaza del Progreso, now Plaza de Tirso de Molina. It opened on 10 December 1932 as the Teatro Progreso with the zarzuela La verbena de la Paloma. It later became the Cine Progreso, reopened on 17 December 1987 as the Nuevo Apolo under director José Tamayo, and in October 2021, after a reform by SOM Produce, took the name Teatro Apolo.

The theater has long been a home for zarzuela, the traditional Spanish operetta form, which still draws loyal audiences to this part of Madrid. Today the program also includes Spanish adaptations of international musicals and dance performances from local and visiting companies.

The theater sits right on Plaza Tirso de Molina, which is easy to reach by metro. It is worth checking the current program before visiting, since the type of show on stage changes depending on the production running at the time.

The low relief carvings on the building are specifically dedicated to zarzuela, making this one of the few cases where a theater's architecture pays direct tribute to a single art form. Slowing down in front of the facade reveals figures and scenes that are easy to walk past without noticing.