The AENA-run lounges in MAD (accessible with Priority Pass) were refurbished a few months ago. Yesterday I had a long layover and was curious to check out the new T4 lounge (formerly La Revoltosa, now Plaza Mayor). I was pleasantly surprised with the upgrade and thought I'd mention it here
Sala Plaza Mayor, airside MAD T4
The entrance to the lounge is in the same place as the old one in T4 (close to the McDonald's, there are signs directing you to "Sala VIP" as soon as you reach the Duty Free after security, so it's easy to find).
The lounge is about three times the size of the old one, with plenty of power outlets:
There are more hot food options than in IB's Sala Dalí. In this case: meatballs, pasta with chorizo and paella:
More food options (salads, sandwiches, etc.):
There are also a couple of showers.
All in all, I think it is a good option if you have a Priority Pass membership and want a change of scenery.