El Rastro. Madrid's largest flea market, only open on Sunday mornings, featuring rows upon rows of private vendors selling a variety of homemade goods, and a plethora of live entertainment. You name it... you'll find it here.
El Rastro is the largest European outdoor market and you'll find it in the historic centre of Madrid.
Don't forget to bargain! Tip:
¿Cuanto cuesta? - kwan-to kwes-tah - How much is it?
You should also just sit down in one of the cafes, get some tapas and enjoy the atmosphere.
It is very important to note that the Rastro is notorious for having an abundance of pickpockets, so watch your handbag closely and do not bring along valuables.
The closest Metro station is La Latina.
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