Art Madrid is a contemporary art fair organized by the company Arte y Asociados in Madrid since the year 2006 and that agrees in the time with ARCO (the International Fair of Contemporary Art). In terms of number of galleries, it is the second largest contemporary art fair in Spain.[1]
In its third annual event, Art Madrid 80 galleries of modern art and contemporary art were present - 59 of them from Spain and 21 international.
In 2007 23,000 visitors and 20 million Euros in sales were surpassed.[citation needed]
Arte y Asociados, Art Madrid's organizing company, is launching the first edition of FIART Valencia, the "International Fair of Modern and Contemporary Art of Valencia". The fairgrounds will include 4,000 square meters of exhibition space and a projection of 50 participating galleries.