Plaza de España (Spanish for 'Spain Square') is a large square and popular tourist destination located in central Madrid, Spain at the western end of the Gran Vía. It features a monument to Miguel de Cervantes Saavedra and is adjacent to two of Madrid's most prominent skyscrapers. Additionally, the Palacio Real (Royal Palace) is only a short walk south from the plaza. Currently the plaza is under renovation. It is scheduled reopen on February 2021.