The Royal Observatory of Madrid is a historic observatory situated on a small hill next to the Buen Retiro Park in Madrid, Spain. It was completed in 1790 and took over some of the work previously done by the naval observatory on the south coast. It is the seat of the Spanish National Astronomical Observatory and the Observatorio Geofísico Central, bothadministered by the National Geographic Institute (via its department of Astronomía, Geofísica y Aplicaciones Espaciales).