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Get to know the artists and designers that make the leather goods at workshop and store Taller Puntera. They even let you have a go at working the leather yourself - just book in to one of the regular classes. Plaza Conde de Barajas, 4.

Casa Hernanz has been making the espadrille

Avoid the shops peddling tourist tat around the Puerta del Sol and head just behind the square to discover the hip Madrid-themed products at Madrid al Cubo (Calle de la Cruz, 35), many designed by local artists. A great place to pick up everything from unusual postcards, coasters and mugs to paintings and books.

Visit the monthly farmers market, where producers from around the Madrid region come to the Matadero arts centre to sell their wares and hold tastings and demonstrations. It's great place to pick up excellent olive oil, honey and beer, among many other things. 18, 19 February; 25, 26 March. http://mercadoproductores.es/

Ride the Navibus, the city's “Christmas bus” that takes passengers on a tour of Madrid's glistening Christmas lights and trees. Theres's no better way to soak up the Christmas atmosphere!

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