Madrid Palacio Miraflores is located in a majestic 18th Century palace in the old centre of Madrid. This impressive centre, renovated in the 1990s, combines the traditional features of the palace with modern amenities to create a unique space for business. A traditional Spanish central patio with glass roof offers a different meeting space, while secure, underground parking is available. Near Puerta del Sol and in the Milla del arte (The Art Mile), the centre is surrounded by typical old-city buildings, housing offices, apartments and shops. A major financial centre of Southern Europe, Madrid hosts the head offices of many of the major Spanish companies, experiencing recent rapid growth in the service sector.