It was founded by Philip IV to host the Castilian monks from the Santa Maria de Montserrat Abbey (Catalonia) who came fleeing the Catalan Revolt.

The facade is clearly somewhat influenced by the famous Church of the Gesù of Vignola in Rome and is considered one of the most complex and elaborate buildings of the Madrilenian Baroque.

Characteristic work of the decorative dynamism of Pedro de Ribera topped with singular spire, giving the set the personality and harmony enough to enter in the history of Madrid's architecture.

The roof of the slate is crowned with a washer, a cap with a decorative bulb and the said spire, completed by a world globe with a cross.

The stylistic approach of the nave corresponds to an advanced stage of the Spanish Baroque of 17th century, consisting the Ribera's contribution in the ornamental coating.

In 1988, during the Priory of Norberto Núñez, culminates a complete restoration of all the buildings under the direction of architects Antón Capitel, Antonio Riviere and Consuelo Martorell.

In its enclosure was buried the writer and Comendador of the Order of Calatrava, Luis de Salazar y Castro, whose very valuable archive is preserved in the monastery until 1835.

Long ago it was customary to give a shout with the bells every day of the year in the evening, for the soul of Philip IV, as this is the time when it were told to the Benedictines the founder's death.

Currently has some artistic works of merit, highlighting a large canvas anonymous of the 18th century of curious Immaculate iconography and the sculpture of the head Virgin, attributed to Manuel Pereira.

It also had a beautiful painting of Antonio Fernández Arias, given by the Duchess of Monteleón, representing the pharisees in the time of filing to Jesus the tribute penny.