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Art Madrid is a contemporary art fair organized since 2006 by the company Arte y Asociados in Madrid, Spain. It takes place around the same time as ARCO (the International Fair of Contemporary Art) [1] . By number of galleries, it is the second largest contemporary art fair in Spain. [2]
In its third annual event, Art Madrid, 80 galleries of modern art and contemporary art were present, 59 from Spain, and 21 from other nations. In 2007, it received 23,000 visitors and sales surpassed 20 million Euros.[ citation needed ]
From September 25 to October 1 2008, Arte y Asociados, Art Madrid's organizing company, launched the first edition of FIART Valencia, the "International Fair of Modern and Contemporary Art of Valencia".[ citation needed ] The fairgrounds at the Feria de Valencia pavilions included 4,000 square meters of exhibition space and a projection of 50 participating galleries.[ citation needed ] The event coincided with Habitat Valencia Forward, which includes the International Furniture Fair of Valencia and the International Decoration Fair.