It’s not as if Madrid was short on world-ranking galleries with the likes of the Prado Museum, the Thyssen-Bornemisza and the Reina Sofía, among others. But next month, Spain is set to unveil what is touted as one of Europe’s cultural highlights of the year with the opening in the Spanish capital of The Royal Collections Gallery. The swanky new museum will feature master paintings, tapestries, sculptures, decorative art pieces, armory and sumptuous royal furniture collected by Spanish monarchs over five centuries, spanning the empire's Hapsburg and Bourbon dynasties.