Almagro is a central district that belongs to the district of Chamberí. It is located just south of the famous Paseo de la Castellana and houses numerous embassies, several art galleries and the Film Academy, as well as a number of elegant and stately buildings.

It is a very sought after area to live in Madrid, because of its central location and good connections. There are many young people who choose to rent a room or apartment for students in Almagro, since the subway ride to Ciudad Universitaria takes only about 20 minutes and in less than 30 minutes you can reach the IMF business school and the ICADE.

It does not have a Cercanías stop, but it has good connections with the rest of the city by metro and bus. The lines that serve Almagro are 1, 4, 5, 7 and 10 and the most relevant stops are Rubén Darío (line 5), Gregorio Marañón (lines 7 and 10) and Alonso Martínez (lines 4, 5 and 10) . In addition, no less than 15 urban bus lines serve the neighborhood, such as 5 (Puerta del Sol-Chamartín station) and 149 (Tribunal-Plaza de Castilla), as well as several night bus lines.