Here you go, CaliBasco: a link to MANY webcams in Spain. A German website, but I am sure you will find your way through: http://www.spanien.com/webcams.html
Visit this nice webcams of the "Sierra de Madrid", the mountains which surrounds this city...don´t miss Venta Marcelino webcam, the most impressive. http://www.sierranorte.com/vistas