The square is flanked by four notable buildings: the Bank of Spain Building, the Palacio de Buenavista, the Palace of Linares (also known as "Palacio de Linares"), and the Cybele Palace (also known as "Palacio de Cibeles"). These structures belong to distinct neighborhoods within three adjacent districts: Centro, Retiro, and Salamanca.
Throughout time, the Cybele Palace and its fountain have emerged as iconic landmarks of the city, symbolizing its rich heritage and cultural significance.
Located in the renowned Paseo de Recoletos in Madrid, the enchanting Cybele fountain pays homage to the ancient Phrygian goddess. It has become a cherished tradition for Real Madrid C.F. to commemorate their triumphs at this iconic fountain. The team captain proudly adorns the statue with a Real Madrid flag and scarf, symbolizing their victory and unity.
The Cybele Palace, previously known as the Palace of Communication, stands out as the most significant building at the Plaza de Cibeles. It serves as the headquarters for the Madrid City Council.