Well, am I glad I skipped my hotel breakfast for this.
The Velazquez Lounge is hidden in the duty free area, but after you get in, it is very spacious, and comparable in size to the Heathrow Galleries Lounge. The entrance is in the middle of the lounge, and they have buffets on both ends, and the offering is about the same.
They have a buffet, which serves three meals: breakfast, lunch, and dinner. The food timing is more Spanish, i.e. lunch is around 2-3 pm, and dinner is closer to 8-9 pm. I was there for breakfast. While the prepackaged food doesn’t look exactly appetizing, their hot breakfast was really good. The hot station had mushrooms, scrambled eggs, bacon, smoked salmon, and cold cuts. They have some decent pastries, and they also have little cups of Haagen Dazs! While I’m not entirely certain, they use chinaware from Melia, so I’m guessing they are catered by Melia hotels?
I wish I knew more about alcohol, but well, I don’t. Anyway, the selection seems pretty extensive.
The wifi speed was pretty decent, and you can locate the password by checking the flight information screen.
Overall, this is a nice international lounge with some decent food and beverage offering.