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Moncloa
This wealthy suburb contains the Spanish prime ministerial home and is worth a visit even if you are not using the bus terminal for El Pardo and El Escorial. Palacio de la Moncloa, settled in Madrid, is the official residence for the Prime Minister of Spain since 1977, when Adolfo Suárez moved the residence from a palace situated in the centre of Madrid, at Paseo de la Castellana. The metro will bring you out opposite the imposing Ministry of Defence building and the impressive Arco de la Victoria, marking Napoleon's exit from the capital. The area around Moncloa and Argüelles is dominated by great tapas bars. Alternatively, try out Al Pil Pil for good Basque food or Gaudí for a mainly vegetarian menu.
The best place to have beautiful views of the city is at Madrid’s observatory tower which offers amazing views called the Faro de Moncloa (Light of Moncloa). The Faro de Moncloa is a 100 metre high transmission tower with an observation deck at the Plaza de Moncloa. It was projected by architect Salvador Pérez Arroyo and built in 1992. The "Faro de Moncloa" is open daily (except Mondays) although may be closed if there is bad weather. The glass elevator takes you up to an observation deck for just over 1 euro.
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