January is the quiet secret here: fares average USD 55, while July, August and December punish anyone who waited too long, climbing 40-60% above average. That Richard Rogers-designed T4 is worth arriving early for on its own merits, though budget travellers landing at T1-T3 should allow the 12-minute shuttle if connecting. Ranked 10th by Condé Nast Traveller, Madrid backs up its late-night dinner reputation with the Prado and Retiro Park within easy walking distance. Book 10-12 weeks ahead and you will spend your money on jamón, not airfares.
