The famous East area is located in the historic center of Madrid, between the Royal Palace and the majestic building of the Royal Theatre. It is due to the fact that it is on the eastern side of the Royal Palace, the area got its name. On the north side of the square adjacent to the Royal Monastery of the Resurrection - Encarnacion, surrounded by a small green park.

Construction of the Eastern area was started during the reign of Joseph Bonaparte, and ended when Queen Isabella II. The basic concept of the ensemble of the square by the architect Juan Bautista Sacchetti.

In order to make way for the construction of the area, it was demolished a number of which are in the place of buildings and land has been leveled relief.

At the center of the square is the magnificent statue depicting King Philip IV on horseback. This equestrian sculpture was created by famous sculptor Pietro Tacca in 1640, who based his portrait of the king, made a great Velasquez. On the orders of Queen Isabella statue was moved and installed in the Eastern area. This sculpture is recognized as the world's first monument depicting a horse standing on its hind legs only.

Monument to Philip IV surrounded by a large green park. Initially broken gardens were rebuilt in 1941, and since then they are located around the monument in the form of a square. Among the green park located 20 statues of Spanish monarchs who placed chains on the left and right of the central monument.