It is the site of the Palace of the Marquis of Santa Cruz, built in the late sixteenth century by Álvaro de Bazán, 1st Marquess of Santa Cruz. Álvaro de Bazan was a senior admiral in the Spanish Navy, and created the concept of the Spanish Armada – but died before it was deployed to attack England. The Marquis's palace has been repurposed as the modern headquarters of the National Archive of the Spanish Navy.
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