Not far from the Madrid Palace, there is an Oriental Square. To the West and east, there are the Madrid Palace and the Royal Theatre. In the garden, there are fountains and the statue of King Philip IV riding. When the sunshine is fine, there are often people sitting around the fountain in the square. There is also a children's paradise nearby, where more local people stay. Tip: Oriental Square is not really a great place. You don't have to come here on purpose. If you want to visit the Palace of Spain, you can visit the square by the way.