1. Official Residence of the Spanish Royal Family: The palace is still an active royal residence, where the King and Queen of Spain sometimes stay, work, and host official functions. However, it is not their primary residence, as the Zarzuela Palace in Madrid is their usual home.
2. Symbol of Spanish Monarchy and Heritage: The Palacio Real stands as a symbolic representation of the Spanish monarchy and its long, rich history. It has witnessed many significant events and been a stage for royal ceremonies, political meetings, and national celebrations.
3. Historical Landmark and Tourist Attraction: The palace is one of Spain's most iconic historical landmarks and a major tourist attraction. It houses opulent rooms, lavishly decorated halls, exquisite works of art, valuable collections, and historic relics. Visitors can tour the palace and gain insight into the lifestyle, splendor, and heritage of the Spanish royalty.
4. Cultural Event Venue: The palace occasionally serves as a venue for various cultural events, including exhibitions, concerts, state dinners, and receptions, particularly those that involve the royal family, state officials, foreign dignitaries, and special guests.
5. Royal Guard Ceremonies: One of the notable attractions associated with the palace is the elaborate changing of the guard ceremony, performed by the Royal Guard of the Spanish Royal Family. It is a display of military precision, history, and tradition, and has become a popular spectacle for tourists.