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Queen Letizia, 46, wore a custom-made dress by Felipe Verela which she wore to the same parade in 2012 and 2014. This time, she paired it with a custom tweed jacket in blue and white by the

same designer. Noticeable on the jacket was an impressive pearl and diamond brooch - this is the ‘Joyas de Pasar’ piece which forms part of the Spanish Royal Collection. Sticking to the

colour scheme, the mum-of-two carried the Liz suede clutch, £180 (€200) and Liza suede pumps, £278 (€310), both by Magrit. On arrival Letizia kept warm in a fur collar cape by Carolina

Herrera - a favourite designer of the Queen. She completed the look with a pair of white gold puppies earrings with diamond, £503 ($640) by TOUS. The stunning royal looked every inch the

glamourpuss with a chic updo, which saw her hair swept over her ears. Brown smokey eyeshadow and nude lipstick were the final touches. This is Letizia's first official engagement of the

New Year, and the royal has been enjoying a break after a busy festive season. Most recently, she stepped out in a dress previously belonging to her mother-in-law Queen Sofia, 80. The

striking red blouson and skirt, which could be a dress or separates, was worn by the older monarch back in 1980. While Sofia wore the outfit with white pearls and a hat originally, Letizia

modernised the look with bold red touches. Letizia chose a pair of Magrit suede pointed pumps £247 and a Carolina Herrera 'Maysa' clutch bag to update the design. Letizia's

decision to wear an outfit belonging to her mother-in-law is firm evidence the duo have put former tensions behind them. The young royal has become increasingly confident with her style

choices in recent months, and recently stepped out in a striking green dress. Making an appearance at the closure of AFAMMER International Congress in Madrid, Letizia wore a forest green

dress with contrasting mint and white green pattern. The dress featured a deep V-neck, but had an otherwise demure silhouette, with sleeves that came down to Letizia's wrists and a long

hemline. Adding a sexy edge, Letizia donned a pair of black patent leather stiletto heels.