Madrid is the capital and largest city of Spain. The population of the city is almost 3.2 million and that of the Madrid metropolitan area, around 6.3 million. It is the third-largest city in the European Union, after London and Berlin, and its metropolitan area is the third-largest in the European Union after Paris and London.The city spans a total of 604.3 km2 (233.3 sq mi).
The city is located on the Manzanares River in the centre of both the country and the Community of Madrid (which comprises the city of Madrid, its conurbation and extended suburbs and villages); this community is bordered by the autonomous communities of Castile and León and Castile-La Mancha. As the capital city of Spain, seat of government, and residence of the Spanish monarch, Madrid is also the political, economic and cultural centre of Spain.
The Madrid urban agglomeration has the third-largest GDP in the European Union and its influences in politics, education, entertainment, environment, media, fashion, science, culture, and the arts all contribute to its status as one of the world’s major global cities.[ Due to its economic output, high standard of living, and market size, Madrid is considered the major financial centre of Southern Europe and the Iberian Peninsula; it hosts the head offices of the vast majority of the major Spanish companies, such as Telefónica, Iberia and Repsol. Madrid is the 17th most livable city in the world according to Monocle magazine, in its 2014 index
Madrid is home to two world-famous football clubs, Real Madrid and Atlético de Madrid.