Thanks for the info guys. Will have a look at the Casino Gran Madrid.
Funnily enough one of my responsibilities is working on the PokerStars LIVE at Casino Gran Madrid partnership.
They have a tournament schedule Thursday - Sunday and Cash Games run daily at a pretty wide range of stakes.
http://www.pokerstarsmadrid.com/Worth noting that Casino Gran Madrid recently opened a city centre casino but there is NO poker available here currently AFAIK. There is only poker at the much larger casino in Torrelodones (where the EPT Grand final was held a few years back).
Hope this helps.
Jamie