Yes, Madrid is a great place to see flamenco performances. There are numerous tablaos (flamenco venues) throughout the city, such as Corral de la Morería, Cardamomo and Las Carboneras. These establishments offer live performances with professional flamenco dancers and musicians. Some restaurants also offer a dinner and flamenco show package. Flamenco is an integral part of Spanish culture, so attending a live show in Madrid is a unique way to experience the city's vibrant arts scene.