Centred around Plaza del Dos de Mayo, it is reminiscent of Camden Town in London, the East Village in New York City, Baixa do Porto in Oporto, however despite its similarities, Malasaña is a distinct neighbourhood.
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Parts of the neighbourhood closer to Gran Via are frequented by the solo aspect of night life including sex clubs, sex shops and street activity.
The place where the artillery barracks of Monteleón was located is now a square called the Plaza Dos de Mayo, and the district surrounding the square is known as Malasaña in memory of one of the heroines of the revolt, the teenager Manuela Malasaña, who was executed by French troops in the aftermath of the revolt.