"Black and white are in again," Vélez told The Local.
"But we'll also see purple and other jazzy colours next spring as well.
"I also expect there to be plenty of patterns, especially hound’s-tooth," the fashion writer added.
Vélez's favourite collection was by Spanish designer Juana Martín, a young fashionista making a name for herself with her flamenco inspired clothing.
Madrid Fashion Week organizer Leonor Pérez has highlighted that the event "has never been about just haute couture as 90 percent of the designs are later sold."
"Spanish fashion is in better health than people think," Pérez told online daily 20minutos.
"Our upcoming designers are starting to export and they're doing very well overall."